Firing cost (weeks of wages)

Definition: Firing cost is the cost of advanced 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.

Description: The map below shows how Firing cost (weeks of wages) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Zimbabwe, with a value of 446.00. The country with the lowest value in the world is Austria, with a value of 2.00.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also: Country ranking, Time series comparison

More maps: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |