Published on 09/10/2012
A new survey shows that employees are increasingly going to work despite being ill because of fears about their job security. ActiveQuote suggests that many of these people could benefit from unemployment insurance.
According to the Daily Mail, one in two bosses admits to using their worker’s employee absence record when deciding who in the company to make redundant.
Perhaps as a result of this, a new study shows that the level of absence in the public and private sector has fallen from 7.7 pays per employee last year to 6.8 days per employee this year.
The report by the Chartered Institute of Personnel and Development suggests that this fall in sick days- or ‘presenteeism’- is due to lack of job security.
Presenteeism is a new phenomenon when employees struggle to work whilst feeling ill to demonstrate their commitment if they feel their job security is at risk.
In fact, 30% of the 668 employers polled saw an increase in the number of people going to work despite being ill. Dr Jill Miller, a research adviser at the CIPD, said:
“Continuing economic uncertainty and fears over job security appears to be taking its toll on employees. We are seeing employees struggling into work to demonstrate their commitment, suggesting presenteeism can be a sign of anxiety.”
For peace of mind during the economic downturn, ActiveQuote suggests investing in unemployment insurance. Unemployment insurance is a type of income protection that is designed to replace part of your income for up to 12 months if you are made involuntarily redundant.
© ActiveQuote Ltd. 2012Categories: Income Protection