"Employees Perception Towards Coping Mechanism During Economic Uncertainty Effecting Their Job Security "

Abstract

The study aims to examine the relationship between awareness level among individual employees towards inflation effecting their job security and the coping strategies they are willing to adopt or implement during inflation in order to avoid job insecurity. Data were collected from respondents across various demographic profiles, including age, gender, type of sector, monthly income, and work experience. The data collected was analysed using SPSS and AMOS using various statistical test like One-Sample T-Test, Independent Sample T-test, One -way Anova and Spearman’s Rank correlation. The moderation effect was captured using AMOS to know if age and work experience moderates the relationship between awareness about inflation effecting job security and coping strategies used during inflation to overcome job insecurity. The findings of the study reveals that there is a significant difference in the awareness level about inflation effecting job security among-st the respondents, Further the results revealed that although the awareness level about inflation effecting job security differs between male and female employees but implementation of coping strategies does not reveal significant gender differences. It was observed that awareness level about inflation effecting job security did not vary significantly among various age group but the implementation of coping strategies was found to duffer significantly. The relationship between awareness level and coping strategies seems to be significant, positive and moderate. Age negatively moderated the relationship between awareness and coping strategies but work-experience positively moderated this relationship. Hence the inference from moderation analysis is people who are aged may be less likely to switch to a new job patterns due to lack of willingness and ability to skill, up-skill and re-skill. Due which they are less inclined to use adaptive measures as they will have lower opportunities and the urge to up-skill. On the other hand, as the work-experience positively impacted coping strategies and this could be due to long term work experience may lead to better financial preparedness in terms of savings and investments. Hence such individuals may be more prepared and less worried about job security during inflation period. The findings provide valuable insights for policymakers, employers, and career counsellors in designing targeted awareness programs and resilience training during inflationary periods.