Employees’ experiences of the impact of the economic crisis in 2009 and 2010: A German-Dutch comparison

Few studies have researched the impact of the 2008-2009 economic crisis on organisations’ adjustment behaviour in Germany and the Netherlands. Using large-scale data from an employee web-survey running from 2009/08 to 2010/11, this paper investigates the likelihood that German and Dutch employees work for a crisis-hit organisation. The likelihood of labour hoarding or downward adjustments of the permanent or flexible workforce in crisis-hit organisations is studied, as is the likelihood of downward adjustments in basic wages or benefits. The results show that such effects occur in large firms... Mehr ...