1. #1
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    What does it mean by Job Security in companies? Does it mean that lay-off of jobs won't happen at all in the company which claims they have strong Job Security?

    I am working in a software company and here they calim that they have very strong Job Security and I have no idea what they mean in saying that, Is it like there won't be any lay-off of jobs at all in my company then? Can you please share your views and experience about Job Security in your companies?

  2. #2
    Sha Array
    Join Date
    Jul 2012
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    59

    Re: What does it mean by Job Security in companies? Does it mean that lay-off of jobs won't happen at all in the company which claims they have strong Job Security?

    Job Security

    Job security in any company is related to its previous records of lay-off of jobs ,termination policy of the company,notice period,etc,.

    A company is said to have good job security if it has the following:

    Record of poor lay-off of jobs when compared to other companies.Layoffs are not caused by the poor performance of the employees alone but also due to lack of projects,investment,etc,.

    Flexible or lenient termination policy.It includes giving you more chances or time to improve your performance especially when you joined as a fresher.

    Notice period is the period of time that you should give to your employer before you quit the job.Every company has their own notice period.Long notice period will be an advantage in times of uncertainty and offers a degree of job security.

    Thank You.

  3. #3
    abbebo Array
    Join Date
    Aug 2012
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    454

    Re: What does it mean by Job Security in companies? Does it mean that lay-off of jobs won't happen at all in the company which claims they have strong Job Security?

    Hi. Basically job security means many things like a long term job without lay-offs and also it means good retirement benefits for your future security.

    It also means you are appraised for your work, you have job satisfaction of working with good co-workers. There is good office environment, on job perks etc.

    Best of luck. Thanks

  4. #4
    Sai Deep Array
    Join Date
    Sep 2012
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    388

    Re: What does it mean by Job Security in companies? Does it mean that lay-off of jobs won't happen at all in the company which claims they have strong Job Security?

    Hello,

    The term job security means the security that the company provides .

    It is the statistics of the lay offs in the last few years.

    If the list of lay off is less then you have a job security.

    Job security is provided in govt. jobs .

    It might not be same in private jobs.

    In software companies , if recession stucks then they will lay off their employees.

    Thank you

  5. #5
    vijaybanna Array
    Join Date
    Sep 2012
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    232

    Re: What does it mean by Job Security in companies? Does it mean that lay-off of jobs won't happen at all in the company which claims they have strong Job Security?

    jobsecurity4.jpg

    Dear friend

    JOB Security does not means that you will be never be fired by the management in any situation..

    This is not the case, the meaning of strong job security is that a company has ample amount of cash to pay its employees
    in the time of recession..

    So you will not loose job due to recession in the market..

    But if you do not perform will then no one will pay you..

    You have to be a consistent performer to survive in the industry..

    ALL THE BEST

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