According to my opinion job security is more important because now-a-days finding the job is a big deal due to the heavy competition. And more important is that the price of all commodities are raising like anything so to have a secure job is important to reduce the stress upon the person. Many of them are attempting suicide because they are not able to complete the requirements and need of their family.
Yes of course pay is also important but job security is more than that. Because according to me instead of living with empty hand it is better to have something in your hand, which provides you confident to move on and some day you will get the what you desire. Hope should not be lost.

According to me I think job security is more important. However, pay is also important. But, if we compare both of them then I think job security is more important. Today, where jobs are not there and even the educated people are unemployed shows that job security is much important. If you are secured at the job, then it is sure that you will get the pay. But, when it is not secured and you know that you are going to be terminated then finding a new job is very difficult. We should look at the current scenario and think accordingly. Because of rising prices, recession you will hardly see people employing new people. Job security keeps you tension free and you are also satisfied with the job. You will work without tension and you can concentrate more on your work.

In my opinion both are important at different levels -

If you are fresher or less experienced then your preference should be job security. For a fresher it is necessary to achieve a good experience and good knowledge of work so that he could find job anywhere after getting out from the current company.

But if you are having a good experience and a good knowledge then you should look forward for a good salary. In today's market there are many companies who are giving an attractive salary for those who have a good knowledge & experience..

To put it simple - In today scenario both are important . However if we talk about sales function it is job security which is more important because if you are good in sales then security is not an issue but if not good than security is major issue.. Actually at the start of the career pay looks to be important but with 5-7 years exp security becomes important. So if with less years of exp look out for pay and with more years of exp look out for security

The uncertain economic environment has made job security a top priority rather than pay and benefits for employees across the globe, most of whom are willing to work internationally. But still then arguments are there whether one should run behind money or security.

Everyday new people are entering into the job market & they are in a dilemma; what they should go for? Pay & Security are important for any one & it depneds how one prefers & what percentage of risks he/she is ready to take .

So, what is important Pay Or job Security??