New Horizons in Management series
Edited by Alexander-Stamatios G. Antoniou and Cary L. Cooper
Chapter 10: Perceiving and responding to job insecurity: the importance of multilevel contexts
While the Great Recession of 2007–09 brought the topic of job insecurity to the forefront in the minds of many, very little is known regarding macro-level variables that may impact employee perceptions of and reactions to job insecurity. The purpose of this chapter is to propose a number of different variables at the organizational, occupational, and socio economic levels that are predicted to influence these processes. In doing so, we will review recent research advances that utilize multilevel modeling to fruitfully investigate these areas. In addition, we will report new research findings integrating both macro-level occupational data and micro-level individual differences data in the prediction of employee job security. At the occupational level, occupational outlook was hypothesized to be predictive of job security; at the individual level, three worker characteristics (employee age, gender and years of education) and two employment characteristics (employer type and job tenure) were hypothesized to be related to job security. Multilevel analyses utilizing data from 1501 respondents in 249 different occupations found that both occupational outlook and employment characteristics (but not worker characteristics) were significantly related to job security. We conclude our chapter by discussing the promise and pitfalls of considering multilevel sources of variance in furthering our understanding of how employees perceive and react to job insecurity.
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