Former Spanish colonies 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 | Ecuador | 135.4 weeks of wages | 2006 | ||
3 | Equatorial Guinea | 132.9 weeks of wages | 2006 | ||
4 | Paraguay | 112.9 weeks of wages | 2006 | ||
5 | Guatemala | 101.1 weeks of wages | 2006 | ||
6 | Bolivia | 99.5 weeks of wages | 2006 | ||
7 | Philippines | 91 weeks of wages | 2006 | ||
8 | Dominican Republic | 87.6 weeks of wages | 2006 | ||
9 | El Salvador | 85.7 weeks of wages | 2006 | ||
10 | Mexico | 74.3 weeks of wages | 2006 | ||
11 | Colombia | 58.6 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 | Panama | 44 weeks of wages | 2006 | ||
16 | Honduras | 43.3 weeks of wages | 2006 | ||
17 | Costa Rica | 35.3 weeks of wages | 2006 | ||
18 | Uruguay | 31.2 weeks of wages | 2006 | ||
19 | Nicaragua | 23.8 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.