Fear about potential redundancies this year has made job security a paramount concern for workers, who now prioritise maintaining their employment over higher pay, research by recruiter Robert Half finds.
The company says the majority (81%) of workers are concerned redundancies will occur at their company in 2025 and 94% are taking steps to increase their employability if they do need to find a new role.
It also notes that more than a third (37%) of workers are prioritising job security ahead of pay this year, as they recognise the tough economic conditions their employers are juggling and are uncertain as to whether they will find a better position at another company.
This compares to 16% who prioritise salary over job security, and 47% who value both equally.
Ronil Singh, director at Robert Half, says in a statement that it’s evident that many workers are feeling a sense of uncertainty and concern about the possibility of redundancies in the coming year.
“The fact that job security now ranks higher than pay in worker priorities reflects a climate of market uncertainty and a growing emphasis on stability and long-term career prospects.”
How workers are tackling their concerns
The research finds that most workers are making sure they are prepared for a redundancy if, and when, it may occur regardless of whether they are concerned about their job security this year.
Robert Half says 94% are taking one or more steps to prepare for a potential redundancy. For some, that entails looking for another job to move into before a redundancy can occur. For others, their preparations involve being informed about their company’s plans and increasing their employability.
Courtesy of Robert Half.
Singh says that workers are taking a proactive approach to their careers, anticipating potential employment changes by actively investing in their development.
“Rather than waiting for restructures to affect their roles, they are future-proofing their skills, embracing upskilling and networking. This shift toward intentional career management isn’t just about boosting income—it’s about building resilience and securing long-term opportunities in an evolving job market.
“If redundancies do eventuate, having this kind of positive and proactive attitude will stand workers in good stead to secure their next role,” he says.
The firm says the study is developed by Robert Half and was conducted online in November 2024 by an independent research company among 500 full-time office workers in finance, accounting, and IT and technology. Respondents are drawn from a sample of SMEs as well as large private, publicly-listed and public sector organisations across New Zealand.
