- Global economic uncertainty and the impact of the Pandemic have forced many Companies to make operational adjustments in order to survive. The options often taken by Companies are reducing the number of employees or terminating (PHK) a number of employees.
- Data from the Ministry of Manpower (Kemenaker) shows a significant increase in the number of workers who are laid off. In 2022, the number of layoffs reached 25,114. This number increased sharply in 2023, reaching 63,806. There was an increase of more than twofold. The latest data in March 2024 also showed an increasing trend (7.7%) compared to the previous month, February 2024.
- This study uses a survey method to explore the portrait of employee welfare after being laid off (PHK) and a descriptive survey design with a quantitative approach. The main objective is to measure and describe the level of employee welfare after being laid off and to identify the factors that influence this condition.
- This study shows that the decrease in income experienced by the majority of respondents (97.35%) after being laid off has a significant economic impact. The majority of respondents, 80.85%, are considering or starting an independent business.
- Meanwhile, the use of online loans as an emergency solution by 37.5% of respondents reflects the urgent need to obtain additional funds. Although offering convenience and accessibility, online loans also come with high risks related to interest and additional fees, which can worsen long-term financial conditions.
- The results of this study highlight the importance of social protection, financial education, and supportive policies to help individuals affected by layoffs manage financial risks and improve well-being.
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Survey of Employee Welfare Portraits Affected by Layoffs |
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