Showcasing the Best of Welsh Business

Three Quarters of Furloughed Workers are Worried About Redundancy

SHARE
,

According to a recent survey, the majority of people who are currently on furlough are concerned about being made redundant when the scheme ends.

Global marketplace OnBuy.com surveyed more than 2,500 professionals currently furloughed to discover if they are worried about job security, along with how being furloughed has impacted them.

Two thirds (67%) feel there’s been a lack of communication from their employer. The platform surveyed professionals currently on the government job retention scheme to find out if they are worried about job security, along with how being furloughed has impacted them. The survey revealed that the Hospitality industry is where staff feel the least amount of job security, closely followed by Travel/Tourism and Sales.

The survey also discovered that the majority (75%) of employees who are currently on furlough are concerned about being made redundant.

The results also revealed that two thirds (67%) of employees feel there’s been a lack of communication from their employer during this period, with a further sixth (15%) stating the business they work for has already made other furloughed employees redundant.

In addition to the survey, the platform delved into the findings to discover which job sectors people are most concerned about losing their jobs.

The top 5 industries where staff feel the least amount of job security are:

  • Hospitality – 42%
  • Travel/Tourism – 37%
  • Sales – 31%
  • Health and beauty – 29%
  • Marketing – 28%

The full survey results, along with the top 10 industries that furloughed employees feel the least amount of job security can be found here: https://www.onbuy.com/gb/business-office-and-industrial/blog/three-quarters-of-furloughed-workers-worried-about-redundancy~a228/

When asked further why they are worried about their job security, nearly a third (31%) of professionals stated they don’t feel they are an integral part of the company, with one in ten (11%) respondents selecting the business they work for could close permanently as a result of the pandemic.

According to national statistics, as of June 2020 there are approximately 9.1 million employees, from 1.1 million different employers, furloughed in the UK as part of the government’s job retention scheme.*

As the fastest-growing marketplace in the world, OnBuy offers competitive prices on millions of products supplied by thousands of trusted online retailers. From household names to independent sellers, buyers can shop securely for products from a range of categories, such as electricals, baby and toddler, home and garden, and cars and automotive.

Cas Paton, founder and CEO of OnBuy, said,

“Furlough is a word none of us had ever heard before this year, however it is uncommon to not hear the term daily as businesses across the country tackle the effects of Covid-19. While at OnBuy we're in a fortunate position that we've got no furloughed staff and there's no risk of redundancy, we know that's not the case for many businesses in the UK. The government job retention scheme is a great initiative allowing employers to pause or adjust their business, whilst not making their employees redundant in the meantime.

“As the pandemic continues to affect businesses there is a lot of uncertainty on whether all staff furloughed will return to work as normal once the period is over. It was shocking and saddening to hear that so many professionals are currently worried about the security of their employment, and I hope lots of people start to return to work and receive some reassurance on their situation, as we start to move out of lockdown and back to normality.”