Besides the level of income, the stability of an employment is of great importance. Only in this way the financing of the living can be guaranteed in a longer term and plans for future, which are often associated with financial liabilities, can be made.
Especially employees with fixed term contracts have little planning security – for example to start a family. Furthermore the loss of the job can be perceived as psychological stress and finding a new job can be difficult and tedious.
With a job loss or the entry into the retirement there is need for a social protection which guarantees the financing of the living in long terms. Here, the access to the unemployment insurance and the statutory pension insurance play an important role. The health care coverage or company pension schemes are considered in dimension "Income and indirect benefits from employment".