Next Avenue: Envision your ideal future—and other ways to cope with job insecurity and workplace anxiety

by | Nov 10, 2023 | Stock Market

This article is reprinted by permission from Many of us know friends and family who were recently laid off, denied their bonus, or had their raise postponed. You may have already survived a round of layoffs at work.

The entire workforce, which shifted away from the office during the COVID pandemic, has now been ordered back to company cubicles in whiplash style. Continued slow economic growth, rising interest rates and concerns about a looming recession may have spiked your work worries. And that’s just some of what’s going on at work.Many touched by layoffs It’s no wonder that workers report growing anxiety, stress and feelings of job insecurity. A 2023 Workforce Panel at Perceptyx, an HR consulting firm, found that 4 in 10 employees saw people laid off at their companies, 18% were laid off personally, and 1 in 4 lost a supervisor to a workforce reduction. Employees reported that layoff news prompted them to look for a new job, and 50% of those with “layoff anxiety” indicated they would not be with their company at the same time next year. So, how do employees like you cope when facing job insecurity and workplace anxiety? Here’s what the experts say.What experts recommend To increase your pay or desirability, start with a vision for your future, advises Amie Devero, founder and president of Beyond Better Strategy and Coaching, which counsels executives on employee state of mind and …

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