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Flexibility and security: an asymmetrical relationship?

Diagram 5: Key components of the EU flexicurity strategy

Policy components

Aims

Policy tools

flexible and reliable contractual
arrangements (from the
perspective of both employers
and employees, “insiders” and
“outsiders”)_____________________

• to fight against labour
market segmentation

• modernization of labour
law, relaxation of EPL

• collective agreements

• modernize work

_____organization________________

comprehensive and responsive
lifelong learning strategies

• to keep the skills of
workers (especially the
more vulnerable ones) up

_____to date_____________________

• high quality initial
education, broad key
competences

• continuous training_________

effective active labour market
policies

• help reintegrate people
into employment

• help people cope with
rapid change

• support safe transitions

• job placement services

• training programs

• job creation schemes

• work incentives

modern social security systems

• provide people with
income security and
support (disability, long-
term care)

• facilitate transitions to
new jobs, through efficient
job search assistance and
finan-cial incentives (balan-
ce between rights and
obligations)

• enhance work / life

_____balance___________________

• adequate unemployment
benefits

•   healthcare benefits

• pensions

• childcare

Source: Adapted by author from Eurofound, 2008, “Employment security and employability: a contribution to the flexicurity
debate” and European Commission, 2007b, “Towards Common Principles of Flexicurity”

The specific combinations and sequences of policies will of course depend on the particular
socio-economic and cultural circumstances prevailing in each country. The degree, to which the
outcome of these policy configurations could be identified as a flexicurity policy needs, however, to
be put into question. Moreover, although the key policy components of the EU flexicurity strategy
and its stated aims are hardly contested by anyone, it is the specific content and mix of the policy
measures that arouse the most controversy.

Page • 31



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