DETERMINANT OF LABOUR MARKET FLEXIBILITY IN INDONESIA

The purpose of the study was to determine the effect of Labour Market Flexibility in Indonesia, in a study of a concept of flexibility the company read environmental changes socioeconomic through a on labor markets. The background of the study identifies some highlights i.e. the determination of wage rates, conditions of employment, level of competition, job location, management planning. Using a sample of banking area and the population sample involved about 80 employees. Using the method proprosed quantitative descriptive by applying multiple regression in order to analyze the influence of the labour market outcomes and outsourcing toward the labour market flexibilty. The study encompassed labour market flexibilty as the dependent variable, the independent variables comprise of the labour market outcomes and outsourcing. The results depicted that the labour market outcomes and outsourcing weighed positive and significant effect on labour market flexibilty in banking in Jakarta. Based on hypothesis testing using a technical regression and significance, it depicted that the two independent variables either jointly or partially impacted positively towards labour market flexibility. It concluded that outsourcing contributed a greater influence on labour market flexibility.