Final answer:
Job security refers to the stability and assurance of having a job for an extended period of time, based on factors such as a company's financial health, low employee turnover, and the availability of employee benefits like health insurance.
Step-by-step explanation:
Job security refers to the stability and assurance of having a job for an extended period of time, without the risk of being laid off or terminated without cause. It is based on factors such as the company's financial health, low employee turnover, and the availability of employee benefits like health insurance.
For example, if a company is financially stable and has a low employee turnover rate, it indicates a higher level of job security for its employees. Additionally, the availability of health insurance coverage also contributes to job security, as it ensures that employees can receive necessary medical care without incurring high costs.
Having job security can alleviate stress and provide individuals with a sense of stability, allowing them to plan for the future and invest in their personal and professional development. It is an important factor to consider when evaluating potential employment opportunities.
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