The law project/El Khomri and the golden triangle in Denmark

The ‘El Khomri’ law, which aroused wide social protests in France, is now being examined by the Senate. It will be debated in a plenary on 13th of June 2016.

One of the aspects of the El Khomri law concerns the ability for a French company to go through a redundancy program more easily. Before this law, many European countries were inspired by the Danish model of flexicurity. This model is also called the ‘Golden Triangle’. “Flexicurity” allows greater ease of dismissal for Danish companies and compensation for dismissed employees. It is based on three components:

  • a flexible labor market, both from the point of view of employers and employees
  • security for workers with large unemployment benefits
  • a policy of active employment, that is to offer jobs to all jobseekers, with personalized advice and training opportunities; Danish workers are thus formed throughout their careers.

In Denmark, job changes are in order, as 1/3 of all employees change jobs every year. The social elevator is very fast towards higher wages. Furthermore, the 91 Danish jobcenters are required to work with companies to hire job applicants for their training / upgrading and maintenance in the use of sick employees. For those who have visited Denmark we feel the tranquility everywhere, in a context where the unemployment rate is around 5%. Workers feel safe because it is easier to find a new job when the unemployment rate is low and the turnover rapid and where they feel no fear for their household and family. We find this Nordic model not only in Denmark, Finland and Sweden but also in the Netherlands and in Austria.