Article

Job Insecurity, Unemployment, and Organizational Well‐Being

Tahira M. Probst

in The Oxford Handbook of Organizational Well Being

Published in print November 2008 | ISBN: 9780199211913
Published online September 2009 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199211913.003.0016

Series: Oxford Handbooks in Business and Management C

Job Insecurity, Unemployment, and Organizational Well‐Being

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This article tackles the important subject of job insecurity, unemployment, and its effects on well-being. Its purpose is to evaluate the prevalence and causes of these phenomena and review the latest research suggesting that they are related to a myriad of outcomes that can reduce organizational well-being. Although research indicates that these consequences are overwhelmingly negative, this article also reviews recent research that suggests a number of effective organizational interventions aimed at attenuating—and sometimes even reversing—the potentially negative effects of job insecurity and the threat of unemployment. Finally, this article suggests a number of positive outcomes of providing secure work for employees despite current workplace trends away from traditional psychological contracts that exchange hard work and loyalty for job security.

Keywords: job insecurity; unemployment; well-being; psychological contracts; job security

Article.  10142 words. 

Subjects: Business and Management ; Human Resource Management ; Organizational Theory and Behaviour

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