“job quality, labour market performance and well-being”_meyermans
TRANSCRIPT
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The future of work in Europe: Job quality and work organisation for smart, sustainable and inclusive growth
Joint EC/OECD Seminar Brussels
28 November 2014
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Caveat
The information and views set out in this presentation are those of the author and do not necessarily reflect the official opinion of the European Commission.
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Outline
A multi-dimensional concept …
... affecting LM participation, motivation, performance,
Past developments
Drivers: Globalisation, technological progress, demographic change, etc. conditioned by LM institutions
New opportunities and challenges
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Job Quality
• Multi-dimensional (EMCO)
o Socio-economic security o Adequate earnings
o Job/ career security
o Education and training
o Working conditions o Health & safety at work
o Work intesity and work autonomy
o Collective interest representation
o Work-life & gender balance
• JQ labour market participation,performance,…
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Earnings & productivity
Earnings level (above market rate): Motivation: threat to lose wage higher than market wage
Commitment: reduced turnover costs, no loss of firm- specific human capital
Earnings dispersion: upward wage mobility: stronger effort to succeed, …
uncooperative behaviour
access to credit : human capital formation declines, ..
redistribution via income taxes: incentives
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Am I well paid for the work I do?
6 Source: Eurofound, EWCS 2010
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On-the-job training
7
0%
10%
20%
30%
40%
50%
60%
EL IT BG
RO PT ES LT FR MT
CY
HU PL
LV LU CZ
EE
EU27
BE
DE IE AT
NL
UK SI DK SE SK FI HR
Source: Eurofound, EWCS 2010
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Job autonomy
Source: Eurofound
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No access to childcare
Source: Eurostat
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Job quality and labour market participation: multiple transmission channels
Note: standarized deviations from EU average
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Future challenges Technological progress
• ICT and KETs innovations New job and career opportunities, higher productivity & earnings …
KETs: new health and safety risks at work, … ICT: work-life balance, …
• ICT and workplace innovation - more autonomy and responsibility for workers - stronger innovation capacity and productivity - better physical and mental health
- disables, older workers, family responsibilities
- polarization
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Future challenges Globalisation
• FTA & FDI productivity (earnings, …), new job opportunities, …
social dumping, job insecurity, ploarisation, …
• Expanding global value chains - Higher Productivity (earnings, …)
- more international experience, new markets - multi-cultural environment
- global restructuring of value chains
- virtual collaboration across time-zones
- absence of multi-layered social dialogue
- polarisation
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Future challenges Demographic change
• Ageing workforce Longer working lives, higher standard of living, …
- psychosocial and physical strain (loss of control, …)
- older workers’ employability (skill erosion, ...)
- poor career prospects
- age discrimination (stereotyping, …)
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Thank you for your attention