Workers worrying more, survey finds

Income, benefits security and the ability to find employment are causing workers to worry more, according to the Harris Poll Jobs and Benefits Security Index.

The survey also finds that 53 percent of respondents anticipate taking on more work without coinciding compensation in the next three months, marking an uptick from 50 percent in March.

In that same time frame, 24 percent of respondents expect to see a reduction in either salary or hours, up from 20 percent in March.

When it comes to finding new employment, 55 percent of respondents believe they could do so, down from 61 percent in March. Fewer respondents say they expect to get raises at 29 percent, a drop from 35 percent in March. Another 13 percent of respondents say they are anticipating receiving improved retirement benefits, representing a decline from 18 percent in March.

Respondents earning an annual household income of $50,000-$74,999 are becoming increasingly concerned at 62 percent over 58 percent in March. Concern among respondents making $75,000 or more is also on the rise as it jumped to 59 percent from 56 percent in March. For respondents over age 55, they also express greater concern at 6 percent, up from 60 percent in March.

"The Harris Poll Jobs and Benefits Security Index points to a rise in worker insecurity about their income, benefits and employability this past month,” said Al Angrisani, president and CEO of Harris Interactive.

“Specifically, workers are more pessimistic about the likelihood of finding a job if they need to look for one as well as the likelihood of seeing a benefits improvement."

 

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