ABSTRACT
This chapter shows that Human Resource Management (HRM) policies at the firm level have changed significantly. Eighty-one per cent of the surveyed employees reported significant changes in the HRM policies at the workplace with a clear majority of employees reporting high to medium levels of flexible work practices. Lack of management cooperation limits the ability to seek confirmation and clarifications from the managers for instance regarding their HRM practices and union participation. Confirming global and national trends, insecurity was found to be higher among the younger employees. Public policy interventions are clearly needed to forestall the trap by expanding and improving basic schooling. The debate on policy often compares the active measures with the passive measures such as legislative barriers to severance, insurance, and social transfers that mitigate the financial needs of the unemployed. The chapter also presents some closing thoughts on the key concepts discussed in the preceding chapters of this book.
