esnek güvence

Turkish - English

Definition of esnek güvence in Turkish English dictionary

(Ticaret) flexicurity

A welfare state model with a proactive labour market policy, combining easy hiring and firing (flexibility for employers) and high benefits for the unemployed (security for the employees)

Flexicurity (a portmanteau of and ) is a welfare state model with a pro-active labour market policy. The model is a combination of easy hiring and firing (flexibility for employers) and high benefits for the unemployed (security for the employees). It was first implemented in Denmark by the social democratic Prime Minister Poul Nyrup Rasmussen in the 1990s

Hyphenation

es·nek gü·ven·ce