Flexicurity

Flexicurity - (noun)

Definition

According to the European Commission, ‘flexicurity' is ‘an integrated strategy for enhancing, at the same time, flexibility and security in the labour market. It attempts to reconcile employers’ need for a flexible workforce with workers’ need for security’.

Extra

Source: Adapted from ec.europa.eu
Example of Use: The Danish ‘flexicurity model’ combines high mobility between jobs with a comprehensive income safety net for those out of work and an active labour market policy.