Job security something that every employee desires and is in need of it. Something that is stable is what employees nurture more may it be income or employment, benefits, wages, emotional utility etc. Taking into consideration the characteristics of job it includes the following titles to refer to:
Job name syntax
The unique name of the job profile that exists in the firm is the job name syntax. For an individual it would include my job number my name as well as the job name.
Job Attributes
Describes the attributes of the job like the system, values the hierarchy and other details as well.
Job description
The job description allows you to create a set of job attributes that are saved and available for multiple uses. The job description can be used as the source for some of the job attributes that tell the system how to run a job. The attributes tell the system when to start the job, where to get the job from, and how the job will run.
Job descriptions and security
Every job in the system uses a job description during job initiation. This controls the various attributes of a job.
Call stacks
The call stack is the ordered list of all programs or procedures currently running for a job. The programs and procedures can be started explicitly with the CALL instruction, or implicitly from some other event.
Class object
A class object contains the run attributes that control the run-time environment of a job. IBM-supplied class objects, or classes, meet the needs of both typical interactive and batch applications. The following classes (by name) are supplied with the system:
Job user identity
The job user identity (JUID) is the name of the user profile by which this job is known to other jobs. This name is used for authorization checks when other jobs attempt to operate against this job.
Employees’ Top Five
Rank
HR Professionals’ Top Five
Job security
1
Relationship with supervisor
Benefits
2
Job security
Opportunity to use skills/abilities
3
Communication between employees and senior management
The work itself (TIE)
4
Organization’s financial stability (NEW)
Organization’s financial stability (NEW)
4
---
Compensation/pay
5
Opportunity to use skills/abilities
You can get to see the top preference from both side i.e. employee and employer as to what do they nurture the most.
A survey conducted says, when rating the satisfaction of 20 job-related items, respondents say they are most pleased with family-friendly items and least please with compensation items.
Rank Item[/b][/b]
1 Flexible work schedule
2 Family friendliness
3 Job security
4 Proximity to home
5 Leave (vacation, holidays, etc.)
6 Autonomy
7 Industry
8 Challenge of work
9 Benefits package
10 Access to new technologies
11 Recognition/appreciation of your work
12 Tuition reimbursement
13 Opportunity to telecommute
14 Base salary
15 Overall compensation
16 Professional development & training
17 Advancement potential
18 Annual raises
19 Performance incentives/bonuses
20 Stock options
It is clear from the above table that the ranking of job security has come down to a third level position and the other two factors mentioned above have overtaken its position. This proves people put forward more importance to family friendly environment which is actually very important for mental peace, because the truth says you can be productive in an environment where there are no bitter feelings where there is a win-win. Secondly talking about the flexible timings, there are numerous companies that offer this option/incentive to their employees and is liked by all today. I believe job security gains importance during the downturns, because at that time points that comes to your mind like career stability, financial stability, peace of mind, performance, family commitments etc.
The unemployment rate in India:[/b][/b]
The unemployment rate in India was last reported at 9.4 percent in 2009/10 fiscal year. From 1983 until 2000, India's Unemployment Rate averaged 7.20 percent reaching an historical high of 8.30 percent in December of 1983 and a record low of 5.99 percent in December of 1994. The labour force is defined as the number of people employed plus the number unemployed but seeking work.