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Former Soviet republics: Labor > Firing cost stats

Definitions

  • Weeks of wages: 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.
STAT FORMER SOVIET TOTAL FORMER SOVIET AVERAGE DATES
Weeks of wages 20.01 weeks of wages
3 times less than average
2006

Citation

"Former Soviet Firing cost Profile", NationMaster. Retrieved from http://www.nationmaster.com/country-info/groups/Former-Soviet-republics/Labor/Firing-cost