Even with unemployment standing at 9.4 percent, a great majority of people who have not been laid off aren’t very worried about the possibility, according to study released Friday, June 5, by Bankrate Inc. of New York.
While two-thirds of survey respondents knew someone who had lost their job, almost 80 percent of those still working saw no pink slips in their future.
The survey of 1,000 adults, conducted May 14-17, also found that in spite of absorbing pay cuts, suspended bonuses and reduced benefits, half of the respondents remained loyal to their current employer.
In fact, 50 percent of those polled said they wouldn’t quit their job even if they won the lottery.
That is all the more impressive as the survey showed that 44 percent of those polled said they had received some kind of cut in pay or benefits.
When asked what the most important reason was for staying in the current job, 39 percent of respondents said for the income, 33 percent said because they enjoyed the work, 7 percent said because they had a good boss, 11 percent for the health benefits, 5 percent for other benefits such as retirement and 5 percent “other.”
Filed by Jeff Benjamin of Investment News, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.
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