European Union Compared by Labor > Firing cost > Weeks of wages
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DEFINITION:
Firing cost is the cost of advance notice requirements, severance payments, and penalties due when terminating a redundant worker, expressed in weekly wages. One month is recorded as 4 1/3 weeks.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Portugal | 98.7 weeks of wages | 2006 | ||
=2 | Greece | 69.3 weeks of wages | 2006 | ||
=2 | Germany | 69.3 weeks of wages | 2006 | ||
=4 | Spain | 56.3 weeks of wages | 2006 | ||
=4 | Austria | 56.3 weeks of wages | 2006 | ||
6 | Ireland | 49 weeks of wages | 2006 | ||
7 | Slovenia | 39.6 weeks of wages | 2006 | ||
8 | Croatia | 39 weeks of wages | 2006 | ||
9 | Estonia | 34.7 weeks of wages | 2006 | ||
10 | Hungary | 34.5 weeks of wages | 2006 | ||
11 | France | 31.8 weeks of wages | 2006 | ||
12 | Lithuania | 30.3 weeks of wages | 2006 | ||
=13 | Finland | 26 weeks of wages | 2006 | ||
=13 | Sweden | 26 weeks of wages | 2006 | ||
15 | United Kingdom | 22.1 weeks of wages | 2006 | ||
16 | Czech Republic | 21.7 weeks of wages | 2006 | ||
=17 | Netherlands | 17.3 weeks of wages | 2006 | ||
=17 | Latvia | 17.3 weeks of wages | 2006 | ||
19 | Belgium | 16 weeks of wages | 2006 | ||
=20 | Slovakia | 13 weeks of wages | 2006 | ||
=20 | Poland | 13 weeks of wages | 2006 | ||
22 | Denmark | 10 weeks of wages | 2006 | ||
23 | Bulgaria | 8.7 weeks of wages | 2006 | ||
24 | Romania | 3 weeks of wages | 2006 | ||
25 | Italy | 1.7 weeks of wages | 2006 |
Citation
Interesting observations about Labor > Firing cost > Weeks of wages
- Zimbabwe ranked first for firing cost > weeks of wages amongst Hot countries in 2006.
- Argentina ranked first for firing cost > weeks of wages amongst Emerging markets in 2006.
- Sierra Leone ranked first for firing cost > weeks of wages amongst Muslim countries in 2006.
- Portugal ranked first for firing cost > weeks of wages amongst Europe in 2006.
- Ghana ranked second for firing cost > weeks of wages amongst Christian countries in 2006.
- China ranked second for firing cost > weeks of wages amongst Cold countries in 2006.
- Germany ranked second for firing cost > weeks of wages amongst European Union in 2006.
- Israel ranked second for firing cost > weeks of wages amongst High income OECD countries in 2006.
- Egypt ranked second for firing cost > weeks of wages amongst Heavily indebted countries in 2006.
- Turkey ranked first for firing cost > weeks of wages amongst Non-religious countries in 2006.
- Italy has ranked last for firing cost > weeks of wages since 2003.