Gammel Kongevej 1
1610 Copenhagen V
Denmark
Tel: +45 33 22 02 22
Fax: +45 33 22 02 11
info@copcap.com
Office hours
Monday - Friday
8.30 AM - 5.00 PM EAT
Local time: 8:26 PM
A UNIQUE, SECURE AND FLEXIBLE LABOUR MARKET
In few other places it is so easy to establish a business, interact with government services and adjust the work force. Regulation is kept to a minimum and is based on trust and self-regulation rather than strict regulatory controls.
Flexicurity
The labour market supports the growing need for companies to be able to quickly adapt to market changes. At the same time it embraces a social security system that safeguards and supports employees and promotes mobility in the labour market.
Flexicurity allows business leaders to take care of business without compromising the needs of employees. Hiring and firing is made easier, and the government takes care of social security in case of unemployment.
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Source: The World Bank, Doing Business in 2006
Flexicurity gives a competitive edge
“…many economists fulsomely praise “flexicurity” – a peculiarly Danish blend of a flexible labour market, generous social security and an active labour market policy with rights and obligations for the unemployed. Hiring and firing can happen from one day to the next, which gives Danish companies a decidedly competitive edge over rivals in Sweden and Germany.” The Economist, September 7th 2006