Work in the New Economy: Flexible Labor Markets in Silicon Valley

Work in the New Economy: Flexible Labor Markets in Silicon Valley
ISBN: 978-0-470-69541-8 April 2008 Wiley-Blackwell 312 Pages
$49.99
Description
This book contributes to our understanding of the transformation of work in the information economy, through a detailed examination of labor markets in Silicon Valley. It provides an original and insightful analysis of flexible labor including growing volatility in work demands and increasingly tenuous employment relations.
- Contributes to our understanding of the transformation of work in the information economy, through a detailed examination of labor markets in Silicon Valley.
- Provides an original and insightful analysis of flexible labor including growing volatility in work demands and increasingly tenuous employment relations.
- Examines the increasingly important role of labor market intermediaries.
- Shows that some workers clearly thrive in this vibrant context, but many face high levels of insecurity admist growing inquality.
List of Figures vii
List of Tables viii
Series Editor’s Preface x
Acknowledgments xiv
Introduction 1
Flexibility 3
Intermediaries 5
Careers 7
Research Data 9
PART I FLEXIBILITY AND THE TRANSFORMATION OF WORK AND EMPLOYMENT 11
1 Understanding Flexibility 13
Labor Markets in the Information Economy 15
Flexible Work and Flexible Employment 21
2 Silicon Valley: Changing Industry Structure and Employment Practices 37
Flexible Work and Employment Practices 39
Economic Change and Flexibility 49
Conclusion: Flexibility and Volatility 76
Appendix 2.1: Industry Cluster Analysis 77
PART II FLEXIBILITY AND INTERMEDIARIES 81
3 Flexibility and Intermediation 83
Labor Market Intermediaries 86
Intermediation and Markets 89
Intermediation and Flexible Labor Markets 92
Conclusion: Increasing Intermediation 97
4 Labor Market Intermediaries – Private Sector 99
Temporary Help Agencies 102
Consultant Brokerage Firms 110
Web-based Intermediaries 117
Employer of Record 123
Professional Employer Organizations 125
Conclusion: The Labor Market as Business Opportunity 128
5 Labor Market Intermediaries – Membership based 130
Blurring Boundaries 132
Silicon Valley Membership-based Intermediaries 138
Conclusion: Building Community-based Careers 175
6 Labor Market Intermediaries – Public Sector 177
Workforce Development System 179
Education-based Intermediaries 187
Non profit/Community-based Initiatives 197
Conclusion: Workforce Development Challenges 198
PART III FLEXIBILITY AND CAREERS 201
7 Careers in Silicon Valley 203
Growing Inequality 206
Factors Contributing to Inequality 216
Flexibility and Labor Market Outcomes 220
Intermediaries and Labor Market Outcomes 226
Conclusion: Significant Problems Exist 231
Appendix 7.1: Silicon Valley Wage Data 232
8 Flexibility and Security 234
New Concepts for Labor Markets in the Information Economy 238
Intermediaries and Labor Market Policy 247
Labor Flexibility and a New Employment Contract 250
A Final Word 261
References 262
Index 281
“Benner’s work on the Silicon Valley’s labor markets provides valuable insights for policymakers and activists as well as scholars who care about the future of work and workers in the new economy.” ProfessorAnnaLee Saxenian, UC Berkeley
"Chris Benner, in his ground-breaking study of Work in the New Economy has done us an immense favour by offering an alternative way to conceptualize labour markets, a way which not only allows us to capture the dynamics within them, but also helps us move dialectically between structuralist approaches and those rooted in notions of individual agency." International Review of Social History
- Contributes to our understanding of the transformation of work in the information economy, through a detailed examination of labor markets in Silicon Valley.
- Provides an original and insightful analysis of flexible labor including growing volatility in work demands and increasingly tenuous employment relations.
- Examines the increasingly important role of labor market intermediaries.
- Shows that some workers clearly thrive in this vibrant context, but many face high levels of insecurity admist growing inquality.