Wednesday, August 1, 2012

A quarter of workers fear being laid off, says survey - San Francisco Business Times:

kapitonragomo.blogspot.com
The Sausalito company found that 41 percentf of workers think someone else at theid business will be let go and that’s a lower number than in the firs t quarter, when it was 44 percent. If a companhy has already cut people, thos e fears increase — three out of four workers think more layoffsdare likely, and 39 percent thinlk their own heads will end up on the choppint block in six months or less. Not surprisingly, half of employeex asked in thesurvey don’t expecty a pay raise in the next year that’s up from 40 percenty in the last quarter of 2008. Workers in the western Unitedx States have the lowest expectations ofpay raises.
The downturj has made employees more willinfg tomake concessions, too, with taking on more work the most common — 71 percent of those questioned were williny to do that to keep theitr jobs. More than half the workers surveyed said their businesshas “madw changes” like cutting people’s reducing their bonuses or or requiring furloughs in the last half questioned 1,278 people for this quarterly Glassdoof Employment Confidence Survey.

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