Employees report growing redundancy fears amid economic uncertainty – Reward Gateway
The study found that ongoing economic pressures are directly affecting workforce morale.
Over a third of UK employees (34%) fear being made redundant if their company performs poorly, according to research from Reward Gateway | Edenred.
The study found that ongoing economic pressures are directly affecting workforce morale.
Three in 10 workers (30%) said they experience anxiety when their company is struggling, while a quarter (25%) feel under pressure to perform.
Nearly one in five (18%) said worry they will miss out on promotions even if they meet performance goals.
The findings suggested that concerns over business performance are taking a measurable toll on wellbeing and output.
A large majority (81%) of employees said poor wellbeing leads to reduced productivity, while 41% said their wellbeing significantly affects how productive they are.
Although most respondents described their wellbeing as good (72%), one in 10 (10%) reported poor wellbeing at work.
Some employees said they remain unaffected by company performance – 17% said they do not let work influence their wellbeing, 11% said they are not paid enough to worry about it, and another 11% cited their seniority as a buffer from financial or operational stress.
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