Consequences of Job Insecurity on the Mental Health and Well-Being of Employees

Abstract

Globalization, outsourcing, subcontracting, downsizing and economic recession have collectively conspired to increase the number of employees experiencing persistent job insecurity in Nigeria. The consequences of such a situation are numerous. Millions of employees are constantly passing through sleepless nights and heart-pounding days, only finding solace in sleeping pills with attendant risks of coronary heart disease and sudden death due to fears of job insecurity. This paints a picture of what employees suffer when they live in constant fear that tomorrow’s pay slip may be their last. There is no disputing the fact that job insecurity is eroding the quality of life of many generally. Its prolonged effects can lead to premature deaths. In this paper, some practical suggestions are offered on how employees can cope with the challenges of job insecurity.