Premium
Job Security, Financial Security and Worker Well‐being: New Evidence on the Effects of Flexible Employment
Author(s) -
Green Colin P.,
Leeves Gareth D.
Publication year - 2013
Publication title -
scottish journal of political economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.4
H-Index - 46
eISSN - 1467-9485
pISSN - 0036-9292
DOI - 10.1111/sjpe.12005
Subject(s) - unemployment , labour economics , job security , economics , flexicurity , wage , survey of income and program participation , panel data , job loss , work (physics) , economic growth , mechanical engineering , engineering , econometrics
This paper uses panel data drawn from the Household, Income and Labour Dynamics in Australia (HILDA) survey to provide new evidence of the links between unemployment, wages, job security, financial security and workers' well‐being for workers in flexible employment. Our findings indicate that workers in flexible employment encounter more unemployment and experience increased job insecurity; unemployment is associated with wage penalties. Lower wages, job insecurity and financial insecurity affect well‐being. However, these negative outcomes are mitigated by longer job tenure. Our results have implications for moves towards a flexicurity model of employment