A new poll reveals that Americans are feeling more confident about their job futures, but not without lurking concerns.
Americans feel more confident that they will receive better benefits while on the job according to the Harris Poll Jobs and Security Index for the month of May. The index, which measures the aggregated concerns of the American worker, has remained steady for the last three months coming in at 57 percent in May, equal to the index in April and up 1 percent from March.
Mixed Opinions About Job Security
While many Americans feel that they will begin to receive better benefits in the coming months, others have concerns about their job security. Optimism surrounding employee healthcare benefits over the next three months is up to 20 percent while 32 percent believe that they will receive a raise over the same time period.
Despite the growing optimism about job benefits, 56 percent of workers are concerned that they will need to do more work for the same pay, while 18 percent feel that their jobs will be replaced by lower cost employees.
The Temp Concern
Cheaper employment alternatives are fueling these concerns, with 11 percent of workers believing that temporary employees will take over their job responsibilities (a figure that grows to 17 percent when it comes to workers 18-34).
Harris Interactive President and Chief Executive Officer Al Angrisani offered some insight into the poll's findings, explaining that there was a "mounting concern" that workers' jobs "will be displaced by lower cost options." This concern would ultimately result in frustrated workers - a factor that "could dramatically impact company productivity overall."
Growing Presence of Contract Labor
Contract labor is a growing source of employment for many American workers. According to the United States Department of Labor, over 26,000 people are contract employees. Many companies are turning to alternative forms of staffing such as performance-based labor to quell concerns about employee morale while still bringing on more useful manpower.