The article describes the main assumptions and constituents of the Danish model of flexicurity. In particular, it provides a description of basic labour flexibility features and their typology, and addresses the problem of security from both, employer’s and employee’s perspective. The article emphasises the complexity of socioeconomic conditions that need to be fulfilled so that the labour market can enjoy both flexibility and security. Attention is also paid to uneven risk distribution regarding the practical implementation of the model. Determinant factors of the flexicurity model for Polish labour market have been indicated. The article is based on secondary research and statistical analysis of Eurostat data.