Almost half of Irish workforce are in fear that they might loose their jobs according to Aviva Ireland’s new Family Finances Report, which was carried out by RED C.
A further 40% of the respondents surveyed are concerned that they might get a pay cut, while the same percentage said that expected a bonus or salary increase.
Research based on a survey of 1,280 respondents highlighted that while many acknowledge a recovery in the general economy is underway, 55% reported feeling more stressed in their jobs than in the past.
Commenting on the report, Ann O’Keeffe, Actuary at Aviva Life and Pensions, said: “Given that unemployment has fallen steadily over the last four years and is now at it lowest level since late 2008, it is surprising that our survey found that more workers were worried about losing their jobs than felt secure in them.”
The uncertainty and insecurity emerging from the report about attitudes to work is reflected in the findings about how families perceive the economic recovery.
O'Keefee added, “It is also remarkable that respondents had such a pessimistic view of their job and pay prospects at a time when other workers were pointing to our economic recovery as justification for their pay demands.”
The Aviva survey found considerable uncertainty and a lack of confidence about the economy among families and mainly confidence in job security was fragile.
© 2016 - Checkout Magazine by Donna Ahern