Employees prioritising job security ahead of pay: survey
Having job security is top of mind for Australian employees this year amid a high level of apprehension about redundancies, according to a new report.
Findings from Robert Half revealed that 39% of employees are prioritising job security ahead of pay. This is higher than the 21% who are putting a premium on salary over job security, but just slightly below the 40% who value both equally.
This greater prioritisation of job security comes as 68% of employees said they are concerned about redundancies occurring at their company this year.
"It's clear that there is a significant level of apprehension among workers about potential redundancies in the coming year," said Andrew Brushfield, director at Robert Half, in a statement.
"That job security surpasses pay in worker priorities signals a climate of market uncertainty and a shift towards valuing stability and long-term career prospects."
By industry, tech workers are most concerned about their jobs, with 78% of them worried about redundancies occurring at their companies this year.
More than half of employees in finance and accounting (69%), as well as administration and customer service (56%), also expressed concerns about redundancies in 2025.
By location, employees in New South Wales are the most worried about redundancies in Australia (75%). Other regions also recorded the following:
The findings come in the wake of major firms across the world laying off employees, including in Australia. Among the firms announcing job cuts this year are:
Meanwhile, organisations including EY Australia and Nine Entertainment Company have also been reported to lay off employees this year, according to various reports.
These reports of layoffs across Australian organisations validate employees' fears of redundanciesv potentially happening in their workplace.
To address these fears, Robert Half's report found that nearly half of workers (49%) are pursuing training or certifications to improve their marketability. Another 45% said they are passively looking for a new job.
"Workers are on the front foot, preparing for employment changes by taking ownership of their career development and seeking to future-proof their skills, before their role may be impacted by restructures within their company," Brushfield said.
"This is part of a shift we're seeing towards proactive career management. Workers are upskilling, networking and exploring side hustles, not just to enhance their pay package but to strengthen their long-term career prospects."
Justworks, a technology company, advised leaders to be proactive to ease layoff anxiety in workplaces.
In a blog post, it underscored that layoff anxiety can stress employees out, reduce their productivity, and lower their morale. To address these fears, it recommended the following strategies: