Job Insecurity and its Influence on Burnout: Mediating Role of Financial Well-being in the Peruvian Population

Abstract

Job insecurity is the feeling of uncertainty that a worker experiences regarding the stability and continuity of their job. With this sentiment influencing burnout and generating a negative impact on an individual's well-being. Faced with this scenario, the crucial question arises: How can the negative influence of job insecurity be attenuated on the development of burnout?" To explain this relationship, this study aims to determine the role that financial well-being assumes in the influence of job insecurity on burnout. To achieve this objective, a non-experimental explanatory research approach was employed, in a structural equation modeling with the study of 538 Peruvian workers. The results establish that financial well-being plays a mediating role in the influence of job insecurity and burnout in Peruvian workers; therefore, strengthening financial well-being is identified as an effective strategy to mediate the negative impact of job insecurity on burnout.