The name is absent

TYPES OF FLEXIBILITY

TYPES OF SECURITY

external numerical

flexibility:

possibility to vary the
amount of labour in
response to even short-term

changes in demand

•   fixed-term

employment
contracts,
temporary agency
work

• subcontracting

• outsourcing

• easy hiring & firing
procedures (low
EPL index)

job security:

expectation of a high

job tenure with the same

employer

(objective and subjective
job insecurity)

•   indefinite duration

contracts (workers
in public sector or
large companies)

• high EPL index

• reduced working
hours

• early retirement

internal numerical
flexibility:

possibility to change the
number of hours worked
and to determine the
working time schedules

•   part-time work

•   overtime work

•   night and shift

work

•  weekend working

•   compressed

working week

employment security:
degree of certainty to get
a new job if loosing the
current one, even with a
different employer
(employability=
marketability of
individual cumulative
skills)

• active labour
market policies

• education, training,
LLL

functional flexibility:
possibility to quickly
redeploy employees to other
tasks and activities

• task rotation

• multitasking

• job enrichment

•   flexible organisation

of work

• training

• team autonomy

income security:

protection of income in case
of sickness, unemployment
or maternity

(vulnerability)

• UB, social benefits

• minimum wage

• supplementary
benefit for working
fewer hours

financial flexibility:

possibility to alter
standardised pay structures

•   wage flexibility

• performance

related pay

• local adjustments in
labour costs

• reductions in SS

payments

• bonus, fringe
benefits

combination security:
possibility to combine paid
work with private life and
social responsibilities

• different types of
leave schemes

• voluntary working
time arrangements

• early retirement