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This paper aims to define and present a model and some of the key attributes of a new employment relationship with a view to measuring and monitoring the extent to which modern organisations have evolved from the old employment paradigm to embrace the merging of the workers' and organisations' needs and interests. The model covers eight core attributes of a new employment relationship: flexible employment; customer focus; focus on performance; project-based work; human spirit and work; loyalty and commitment; learning and development; and open information. In the section on learning and development the question is asked: should learning and development activities in organisations focus on developing the individual or be concerned with achieving organisational outcomes? It is argued that, in human resources development terms, a holistic approach should be adopted, encompassing both activities.