Flexicure Job Model Of Denmark

10 Aug 2012

The term flexicurity is attached to the labor model of Denmark. This model tackles both the challenges of globalization and at the same time securing the economic growth and employment.

Flexicurity allows the Danes to get adapted to employees and enterprises. Danish take globalization affirmatively and are not secured about job losses or unemployment.

Flexicurity comes from the word flexibility and security. An interesting third element - active labour market policy zests up the Denmark labour market.

Flexibility: Denmark has very flexible guidelines for hiring and terminating. Companies and enterprises can easily dismiss employees during crisis and recruit new staff once things improve. This is the reason for the 25% of job changes by the private sector employees each year.

Security: Government of Denmark offers and guarantees legally specified unemployment benefits. These benefits can go as high as 90% for low paid workers.  Denmark is preferred by workers from all over the world for the guaranteed unemployment benefits.

Labour Market Policy: Denmark has one of the best labour policies in the world. Unemployed can take the benefit by taking guidance from the labour committee and also acquire additional job or education during times of unemployment.  Policy gets around 1.5% of total GDP of Denmark.

Flexicurity model offers benefits for both employees and employers. Employers can enjoy flexible working hours while the employees enjoy the unemployment benefit system and an active labour market policy.

The Danish Confederation of Trade Unions (LO) and The Confederation of Danish Employers (DA) support the labour model of Denmark.

Move and settle in Denmark to enjoy the flexicure model of labour market. Denmark offers Danish/Denmark Green Card to allow foreign workers to move and settle in Denmark.

Denmark Green Card is issued taking into consideration your age, educational qualifications, relevant work experience, and adaptability.

A Danish Green Card holder will be granted a first -time temporary residence permit for 3 years which is extendable for up to 4 years.  Permit can be extended if you have worked for 12 months with a minimum of 10 hours/week.

Denmark is the perfect destination for people considering to move abroad. With the ample opportunities and the high number of social security benefits, this is the most preferred country for skilled labors to migrate.