Purpose

Employability has been suggested as an alternative to job security in response to more flexible work arrangements, arguing that the important question for employees is no longer the security of their current job, but their employment security in the labour market. The purpose of this paper is to test two core assumptions of this argument: first, is employability associated with a lower preference for job security? And second, are individuals with lower job security in fact compensated with higher employability? Both assumptions have received criticism in recent literature. The focus is on employees’ perceived basic and aspiring employability. The former refers to employees’ expectations of remaining in employment and the latter to expectations of upward mobility.