What does flexicurity mean?
Definitions for flexicurity
flex·i·cu·ri·ty
This dictionary definitions page includes all the possible meanings, example usage and translations of the word flexicurity.
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Wiktionary
flexicuritynoun
A welfare state model with a proactive labour market policy, combining easy hiring and firing (flexibility for employers) and high benefits for the unemployed (security for the employees).
Etymology: coined by Danish prime minister Poul Nyrup Rasmussen in the 1990s.
Wikidata
Flexicurity
Flexicurity is a welfare state model with a pro-active labour market policy. The term was first coined by the social democratic Prime Minister of Denmark Poul Nyrup Rasmussen in the 1990s. The term refers to the combination of labour market flexibility in a dynamic economy and security for workers. The Government of Denmark views flexicurity as entailing a “golden triangle” with a “three-sided mix of flexibility in the labour market combined with social security and an active labour market policy with rights and obligations for the unemployed”. The European Commission considers flexicurity as an integrated strategy to simultaneously enhance flexibility and security in the labour market. Flexicurity is designed and implemented across four policy components: 1 flexible and reliable contractual arrangements; 2 comprehensive lifelong learning strategies; 3 effective active labour market policies; and 4 modern social security systems providing adequate income support during employment transitions. All this is done in a context of high minimum wage and high average wage, besides clear progressive taxation.
Numerology
Chaldean Numerology
The numerical value of flexicurity in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of flexicurity in Pythagorean Numerology is: 8
Translations for flexicurity
From our Multilingual Translation Dictionary
- joustoturvaFinnish
- flexicurityIndonesian
- flexicurityLatin
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"flexicurity." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/flexicurity>.
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