It has been suggested that worries about job security can seriously affect people's mental health. When people are worried about money or job security, they are particularly vulnerable to developing various mental health problems, such as depression. Experiences of debt make things worse.
On the other hand, employee satisfaction and retention have always been important issues for physicians. After all, high levels of absenteeism and staff turnover can affect your bottom line, as temps, recruitment and retraining take their toll. But few practices (in fact, few organisations) have made job satisfaction a top priority, perhaps because they have failed to understand the significant opportunity that lies in front of them. Satisfied employees tend to be more productive, creative and committed to their employers, and recent studies have shown a direct correlation between staff satisfaction and a higher turnover , hence higher wages and / or promotion for the satisfied and devoted employee.
However, I hear more and more people saying : "Thank God I have a job". While this is quite natural considering the current recession that has affected most parts of the world, I am a bit sceptical about the final result. Of course , the ideal is to enjoy both job satisfaction and job security - not an easy goal to achieve nowadays.
If you couldn't have both and you had to choose, what would be most important to you: job security or job satsfaction?