Labour market policies

Flexicurity is a strategy intended to enhance both flexibility and security in the labour market and has been on the agenda of public and policy discussions across Europe since the 1990s. In light of the recent economic crisis, the question has arisen whether flexicurity, which was developed in

The financial global crisis, the deepest the world has experienced since the 1930s, originated in the US mortgage market and led to a liquidity shortfall in the US banking system, the full effect of which started to be felt in August 2007. One of the first victims was the UK bank Northern Rock

In the last ten years, flexicurity has been adopted by the European Commission as a European labour market strategy through a set of common policy components and guidelines. The aim is to tackle the challenges of globalisation, ageing populations and relatively low employment rates, especially for

Vienna General Hospital sees the importance of the tackling the issue of ageing in terms of organisational strategy, organisational culture, personal development, organisation of work, and individual health of employees. The human resource department at Vienna General Hospital is responsible for the

There is a clearly defined age management policy in place in Proniks Ltd. Older staff are considered to be a valuable asset. In other jobs and sectors, older employees may be considered less suitable for employment for a number of reasons (e.g. lack of up-to-date skills), this is not the case in

Cambridgeshire County Council’s 2006–2010 people strategy sets priorities and limits on age management of employees. It commits the council to encouraging and maintaining diversity in recruitment and promotion, letting of contracts, training, and in publicity for and access to services. To support

MOL faces a number of challenges related to an ageing workforce. As a formerly state-owned company, there is a tradition of lifelong careers that makes MOL attractive for employees. HR policies currently continue to support lifelong employment. The company’s approach is to seek to employ workers as

The HR department at Ford works in accordance with the Ford Collective Agreement agreed directly at the company level. The Collective Agreement has some specific policies aimed at older workers and these are implemented fully at Ford. The following elements of the Agreement directly affect this age