Emerging markets 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 | Argentina | 138.7 weeks of wages | 2006 | ||
2 | Indonesia | 108.3 weeks of wages | 2006 | ||
3 | Turkey | 94.7 weeks of wages | 2006 | ||
=4 | Philippines | 91 weeks of wages | 2006 | ||
=4 | China | 91 weeks of wages | 2006 | ||
6 | Pakistan | 90 weeks of wages | 2006 | ||
7 | Malaysia | 88 weeks of wages | 2006 | ||
8 | Mexico | 74.3 weeks of wages | 2006 | ||
9 | Colombia | 58.6 weeks of wages | 2006 | ||
10 | India | 55.9 weeks of wages | 2006 | ||
11 | Thailand | 54.3 weeks of wages | 2006 | ||
=12 | Peru | 52 weeks of wages | 2006 | ||
=12 | Chile | 52 weeks of wages | 2006 | ||
14 | Venezuela | 47.3 weeks of wages | 2006 | ||
15 | Brazil | 36.8 weeks of wages | 2006 | ||
16 | Estonia | 34.7 weeks of wages | 2006 | ||
17 | Hungary | 34.5 weeks of wages | 2006 | ||
18 | Lithuania | 30.3 weeks of wages | 2006 | ||
19 | South Africa | 24 weeks of wages | 2006 | ||
=20 | Russia | 17.3 weeks of wages | 2006 | ||
=20 | Latvia | 17.3 weeks of wages | 2006 | ||
=22 | Ukraine | 13 weeks of wages | 2006 | ||
=22 | Poland | 13 weeks of wages | 2006 | ||
24 | Bulgaria | 8.7 weeks of wages | 2006 | ||
25 | Romania | 3 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.