A bone resection device for use in resection of bone during joint replacement surgery includes a handle, an elongate shaft rotatably mounted to the handle, a cutting tool housing attached to the shaft at or towards the distal end of the shaft, at least one cutting tool fastened to the housing, and a pivot control member configured to be at least partially disposed about the elongate shaft, the pivot control member being attached at or toward the distal end of the pivot control member to the at least one cutting tool, the distal end of the pivot control member and the distal end of the shaft being configured to be axially displaceable with respect to one another a predetermined distance, during operation of the device.