Eurozone 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 | Estonia | 34.7 weeks of wages | 2006 | ||
9 | France | 31.8 weeks of wages | 2006 | ||
10 | Finland | 26 weeks of wages | 2006 | ||
=11 | Netherlands | 17.3 weeks of wages | 2006 | ||
=11 | Latvia | 17.3 weeks of wages | 2006 | ||
13 | Belgium | 16 weeks of wages | 2006 | ||
14 | Slovakia | 13 weeks of wages | 2006 | ||
15 | Italy | 1.7 weeks of wages | 2006 |