Flexicurity

Denmark / Flexicurity Adjustment: Max UI benefits period cut to two years from four years

The Danish model of mixing flexibility for employers, who can hire and fire personnel easily, with social security for workers, was credited with virtually eradicating unemployment in the Nordic nation, before the financial crisis hit.. The system differs markedly from those in neighbouring Sweden and Germany, where terminating an employee is often expensive and cumbersome. … Continue reading →