Balance of Flexibility and Stability– Evidence from a Company Survey
German Economic Institute (IW)
According to the IW-Survey on the Balance between Flexibility and Stability most companies cultivate a management style that simultaneously aims to flexibilise and stabilise employment relations as well as work processes. Thus, flexibility and stability are rather complements than substitutes. This resulting management style can be characterised as the existence of trust in the responsibility of employees, the ambition that workers are to act likewise entrepreneurs, the implementation of annual consultations between the manager and the individual worker and the commitment of managers to promoting job satisfaction and motivation. The survey also shows that the likelihood of pursuing a combined flexibility- and stability-orientated approach is significantly higher in innovative and very successful companies. This holds also for specific personnel and organisational policies.
Download | PDF
Balance of Flexibility and Stability– Evidence from a Company Survey
German Economic Institute (IW)
More on the topic
IW labor market forecast 2027: Immigration can compensate for ageing
This study is the annual update of the IW labor market extrapolation with data up to 2022. The methodology is described in detail by Burstedde (2023). The update shows how employment and skilled labor shortages could develop during the next five years if the ...
IW
Securing skilled workers through immigration to universities
Against the backdrop of demographic change, Germany is increasingly dependent on skilled labour from abroad to secure growth and prosperity.
IW