Is job insecurity compensated for by employment and income security?

Tomas Berglund, Bengt Furåker and Patrik Vulkan

Economic and Industrial Democracy, 2014, vol. 35, issue 1, 165-184

Abstract: The so-called flexicurity approach suggests that security for employees can be successfully combined with flexibility for organizations and companies. This article studies if affective job insecurity (worry about losing one’s job) is compensated for by perceptions of employment security (possibilities of finding an equal or better job) and income security. Data derive from a survey carried out in 2010 among employees in Sweden. The main findings are that cognitive job insecurity (the perceived risk of job loss) increases affective job insecurity, whereas both employment and income security have the opposite effect. Moreover, cognitive job insecurity and employment security interact, implying that the effect of cognitive job insecurity on affective job insecurity is reduced in the presence of employment security but is reinforced in the absence of it. These results are discussed in relation to the flexicurity approach, concluding that flexicurity may be a risky venture for employees.

Keywords: Employability; flexicurity; job insecurity (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecoind:v:35:y:2014:i:1:p:165-184

DOI: 10.1177/0143831X12468904

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