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There appears to be some doubt about the future direction of both the theory and the practice of employment relations. This article therefore speculates about the prospects of the “new” European social model becoming the orthodoxy in the field. This model, which has strong similarities with the UK’s “partnership” agreements, stands up very well to many of the criticisms levelled at the “HRM” paradigm that was the most recent contender. The plausibility of the “new” model is in doubt, however, given the prevailing economic and political context in the UK and other EU countries. Even so, if people are looking for a dominant focus for analysis and policy, this “new” model has much to recommend. In particular, it is especially relevant to handling the implications of the restructuring likely to be the main concern for the foreseeable future.

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