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This report is based on the fourth edition of the European Company Survey (ECS), which was carried out jointly by Eurofound and Cedefop in 2019. It describes a wide range of practices and strategies implemented by European companies in terms of work organisation, human resource management, skills use and skills development, and employee voice. The report shows how these practices are combined and how the resulting ‘bundles of practices’ are associated with two outcomes beneficial to employees and employers: workplace well-being and establishment performance.
‘High investment, high involvement’ workplaces have the best outcomes for workers and employers. Yet just 20 per cent of EU organisations fall into this category—bundling practices that increase employee autonomy, facilitate employee voice and promote training and learning. These companies, which are managing to boost performance while also improving workers’ job quality, can be found across all types of business, regardless of country, size, sector, or competitiveness strategy, but are most prevalent in Nordic countries, such as Finland and Sweden, and in sectors known to have better working conditions, such as financial services.