Under such circumstances, higher labour standards and risk-mitigation schemes could be both efficient (inducing an economy towards a “high productivity, high wage equilibrium”) and equitable (enabling vulnerable workers to better deal with labour market risks). As a result, employment has become increasingly precarious (Rodgers and Rodgers, 1989, Standing, 2011). Part-time employment, self-employment, fixed-term work, temporary work and other non-standard forms of employment have grown.