Yesterday’s report by Citizens’ Advice highlighted the problem of income insecurity. It found, perhaps unsurprisingly, that security of income is as important to people as the amount of money they earn.
Despite all the fashionable motivational stuff about being passionate about work, security might be the key to employee engagement after all.
Citizens’ Advice estimates that there are around 4.5 million workers in insecure work, which it defines as zero hours and variable contracts and temporary/agency work. This figure doesn’t include the self-employed. Although it is difficult to measure the precariousness of self-employment, all the available data suggest that there has been a mind-boggling collapse in self-employment earnings over the past few years. A report by the Department for Business Innovation & Skills in February estimated that self-employed pay had dropped by 25 percent since the recession. I’d be willing to bet that a lot of them are feeling pretty precarious and insecure at…
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Utopia, you are standing in it! 
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