Employing workers, redundancy (weeks of wages) - Doing business - Development outcomes - African Development Indicators
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The firing cost indicator measures the cost of advance notice requirements, severance payments and penalties due when terminating a redundant worker, expressed in weeks of salary. If the firing cost adds up to 8 or fewer weeks of salary, a score of 0 is assigned for the purposes of calculating the aggregate ease of doing business ranking. If the cost adds up to more than 8 weeks of salary, the score is the number of weeks. One month is recorded as 4 and 1/3 weeks. In Mauritius, for example, an employer is required to give 3 months’ notice before a redundancy termination, and the severance pay for a worker with 20 years of service equals 5 months of wages. No penalty is levied. Altogether, the employer pays the equivalent of 35 weeks of salary to dismiss the worker. For more information, visit http://www.doingbusiness.org/MethodologySurveys/. Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
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