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Job Security, Financial Security and Worker Well-being: New Evidence on the Effects of Flexible Employment

Research output: Contribution to journalJournal article

Published
<mark>Journal publication date</mark>05/2013
<mark>Journal</mark>Scottish Journal of Political Economy
Issue number2
Volume60
Number of pages18
Pages (from-to)121-138
Publication statusPublished
Original languageEnglish

Abstract

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