JOB INSECURITY IN STOCKBROKERS: EFFECTS ON SATISFACTION AND HEALTH

This investigation examined the consequences of several threats to job security in an organisation under siege. Data were collected from 73 stockbrokers in a financial institution about four months after Black Monday. Five threats to job security were considered: stock market volatility, merger threat, retrenchment and cutbacks, job loss threat, and job future ambiguity. In general, stockbrokers reporting greater threats to job security also reported less satisfaction and poorer emotional wellbeing.