failed states Compared by Labor > Firing cost > Weeks of wages
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
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.