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30 Reasons Employees Hate Their Managers: What Your People May Be Thinking and What You Can Do About It by Adam Snyder, Bruce L. Katcher

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Chapter 27. There’s no job security here

Fifty-four percent of employees are insecure about their job.

Business headlines regularly report news of billion-dollar acquisitions, followed by massive layoffs. At the same time the CEOs receive record salaries and millions of dollars in “golden parachutes.”

During the recession of 1993 I was working for a 71-office international consulting firm at plush offices in Wellesley Hills, Massachusetts. I had been a hard-working, loyal employee for four years. My job was to market, sell, and conduct employee opinion surveys for companies in New England.

But the economy was failing. Layoffs were rampant. Organizations in New England were pulling back on employee opinion surveys and certainly weren’t asking high-priced ...

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