Published on 6th December 2018
“The growing mismatch between the world of work and our social systems puts Europe at risk of missing out on talents, losing competitiveness and weakening social integration”, says Bettina Schaller, President of the World Employment Confederation-Europe. “Despite the positive trends of employment and social indicators recently observed in Europe, labour markets still do not truly benefit all European citizens and countries in the same way.”
With the 2019 European elections and the taking office of a new European Commission, the EU has the opportunity to make such a shift happening during the next five years. “By 2024, Europe should offer a framework for labour markets that allows companies to contract their workforce under diverse and legally secured arrangements and to easily source and hire the right talents with the right skills. Further structural reforms to build new safety nets reconciling the growing needs for both flexibility and security are urgently required,” Schaller adds.
In the new world of work, jobs are much less likely to last for life, to start at nine or to end at five; multiple generations coincide at work; far more households cannot make it with one stream of income, etc. Within the EU, permanent, full-time contracts only account for 58 percent of the total workforce. Labour laws, welfare systems and tax regimes have however lagged be
hind those changes. Our social protection systems are still built on the traditional male breadwinner model based on the full-time, permanent worker paying contributions.
The World Employment Confederation-Europe believes that social innovation is the right approach to enable this vision and lead to new ways of working, learning and ensuring social protection. “The private employment industry has started implementing this concept for some years now,” explains Denis Pennel, Managing Director of the World Employment Confederation-Europe. “Our Vision Paper sets out concrete policy recommendations in five areas to capitalize on this experience and enable open, inclusive and sustainable labour markets in Europe.”