Labor > Firing cost > Weeks of wages: Countries Compared
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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 | Zimbabwe | 446.3 weeks of wages | 2006 | ||
2 | Sierra Leone | 328.7 weeks of wages | 2006 | ||
3 | Egypt | 186.3 weeks of wages | 2006 | ||
=4 | Sri Lanka | 177.7 weeks of wages | 2006 | ||
=4 | Zambia | 177.7 weeks of wages | 2006 | ||
=4 | Ghana | 177.7 weeks of wages | 2006 | ||
7 | Mozambique | 142.9 weeks of wages | 2006 | ||
8 | Argentina | 138.7 weeks of wages | 2006 | ||
9 | Ecuador | 135.4 weeks of wages | 2006 | ||
10 | Equatorial Guinea | 132.9 weeks of wages | 2006 | ||
11 | Sudan | 118.1 weeks of wages | 2006 | ||
12 | Paraguay | 112.9 weeks of wages | 2006 | ||
13 | Indonesia | 108.3 weeks of wages | 2006 | ||
14 | Guatemala | 101.1 weeks of wages | 2006 | ||
15 | Comoros | 99.7 weeks of wages | 2006 | ||
16 | Bolivia | 99.5 weeks of wages | 2006 | ||
17 | Portugal | 98.7 weeks of wages | 2006 | ||
=18 | Bhutan | 94.7 weeks of wages | 2006 | ||
=18 | Turkey | 94.7 weeks of wages | 2006 | ||
=20 | China | 91 weeks of wages | 2006 | ||
=20 | Cape Verde | 91 weeks of wages | 2006 | ||
=20 | Sao Tome and Principe | 91 weeks of wages | 2006 | ||
=20 | Israel | 91 weeks of wages | 2006 | ||
=20 | Philippines | 91 weeks of wages | 2006 | ||
=20 | South Korea | 91 weeks of wages | 2006 | ||
26 | Iran | 90.7 weeks of wages | 2006 | ||
=27 | Pakistan | 90 weeks of wages | 2006 | ||
=27 | Botswana | 90 weeks of wages | 2006 | ||
=27 | Nepal | 90 weeks of wages | 2006 | ||
30 | Malaysia | 88 weeks of wages | 2006 | ||
31 | Dominican Republic | 87.6 weeks of wages | 2006 | ||
=32 | Guinea-Bissau | 86.7 weeks of wages | 2006 | ||
=32 | Vietnam | 86.7 weeks of wages | 2006 | ||
34 | El Salvador | 85.7 weeks of wages | 2006 | ||
35 | Morocco | 85.1 weeks of wages | 2006 | ||
36 | Malawi | 84.3 weeks of wages | 2006 | ||
37 | United Arab Emirates | 83.6 weeks of wages | 2006 | ||
38 | Saudi Arabia | 80.1 weeks of wages | 2006 | ||
39 | Syria | 79.8 weeks of wages | 2006 | ||
Former British colonies average (profile) | 78.37 weeks of wages | 2006 | |||
Former Spanish colonies average (profile) | 76.14 weeks of wages | 2006 | |||
40 | Mexico | 74.3 weeks of wages | 2006 | ||
failed states average (profile) | 71.83 weeks of wages | 2006 | |||
Sub-Saharan Africa average (profile) | 71.55 weeks of wages | 2006 | |||
=41 | Greece | 69.3 weeks of wages | 2006 | ||
=41 | Germany | 69.3 weeks of wages | 2006 | ||
=41 | Eritrea | 69.3 weeks of wages | 2006 | ||
44 | Trinidad and Tobago | 67.1 weeks of wages | 2006 | ||
Heavily indebted countries average (profile) | 66.74 weeks of wages | 2006 | |||
45 | Albania | 64.3 weeks of wages | 2006 | ||
46 | Hong Kong | 62.1 weeks of wages | 2006 | ||
47 | Jamaica | 60.5 weeks of wages | 2006 | ||
48 | Saint Kitts and Nevis | 60 weeks of wages | 2006 | ||
South Asia average (profile) | 59.18 weeks of wages | 2006 | |||
49 | Colombia | 58.6 weeks of wages | 2006 | ||
50 | Angola | 58.5 weeks of wages | 2006 | ||
51 | Dominica | 57.7 weeks of wages | 2006 | ||
=52 | Vanuatu | 56.3 weeks of wages | 2006 | ||
=52 | Spain | 56.3 weeks of wages | 2006 | ||
=52 | Austria | 56.3 weeks of wages | 2006 | ||
=52 | Djibouti | 56.3 weeks of wages | 2006 | ||
=52 | Guyana | 56.3 weeks of wages | 2006 | ||
57 | Saint Lucia | 56 weeks of wages | 2006 | ||
58 | India | 55.9 weeks of wages | 2006 | ||
Muslim countries average (profile) | 55.69 weeks of wages | 2006 | |||
Middle Eastern and North Africa average (profile) | 54.72 weeks of wages | 2006 | |||
59 | Thailand | 54.3 weeks of wages | 2006 | ||
South and Central Asia average (profile) | 54.19 weeks of wages | 2006 | |||
60 | Saint Vincent and the Grenadines | 54 weeks of wages | 2006 | ||
61 | Swaziland | 53.2 weeks of wages | 2006 | ||
Emerging markets average (profile) | 53.15 weeks of wages | 2006 | |||
OPEC countries average (profile) | 52.63 weeks of wages | 2006 | |||
62 | Antigua and Barbuda | 52.3 weeks of wages | 2006 | ||
=63 | Peru | 52 weeks of wages | 2006 | ||
=63 | Chile | 52 weeks of wages | 2006 | ||
65 | Bangladesh | 51 weeks of wages | 2006 | ||
66 | Nigeria | 49.8 weeks of wages | 2006 | ||
67 | Ireland | 49 weeks of wages | 2006 | ||
68 | Cote d'Ivoire | 48.8 weeks of wages | 2006 | ||
=69 | Venezuela | 47.3 weeks of wages | 2006 | ||
=69 | Kenya | 47.3 weeks of wages | 2006 | ||
=71 | Lesotho | 44.3 weeks of wages | 2006 | ||
=71 | Solomon Islands | 44.3 weeks of wages | 2006 | ||
73 | Panama | 44 weeks of wages | 2006 | ||
Religious countries average (profile) | 43.56 weeks of wages | 2006 | |||
=74 | Gabon | 43.3 weeks of wages | 2006 | ||
=74 | Honduras | 43.3 weeks of wages | 2006 | ||
76 | Kuwait | 42.7 weeks of wages | 2006 | ||
Former French colonies average (profile) | 42.5 weeks of wages | 2006 | |||
Non-religious countries average (profile) | 42.3 weeks of wages | 2006 | |||
77 | Congo, Republic of the | 41.2 weeks of wages | 2006 | ||
78 | Ethiopia | 40.1 weeks of wages | 2006 | ||
Eurozone average (profile) | 39.75 weeks of wages | 2006 | |||
79 | Slovenia | 39.6 weeks of wages | 2006 | ||
=80 | Papua New Guinea | 39 weeks of wages | 2006 | ||
=80 | Cambodia | 39 weeks of wages | 2006 | ||
=80 | Croatia | 39 weeks of wages | 2006 | ||
83 | Seychelles | 38.6 weeks of wages | 2006 | ||
84 | Senegal | 37.9 weeks of wages | 2006 | ||
85 | Brazil | 36.8 weeks of wages | 2006 | ||
=86 | Benin | 35.8 weeks of wages | 2006 | ||
=86 | Togo | 35.8 weeks of wages | 2006 | ||
=86 | Chad | 35.8 weeks of wages | 2006 | ||
89 | Costa Rica | 35.3 weeks of wages | 2006 | ||
High income OECD countries average (profile) | 35.19 weeks of wages | 2006 | |||
=90 | Mauritius | 34.7 weeks of wages | 2006 | ||
=90 | Estonia | 34.7 weeks of wages | 2006 | ||
=92 | East Timor | 34.5 weeks of wages | 2006 | ||
=92 | Hungary | 34.5 weeks of wages | 2006 | ||
94 | Burkina Faso | 33.6 weeks of wages | 2006 | ||
95 | Bosnia and Herzegovina | 33.2 weeks of wages | 2006 | ||
NATO countries average (profile) | 33.09 weeks of wages | 2006 | |||
96 | Cameroon | 32.5 weeks of wages | 2006 | ||
European Union average (profile) | 32.18 weeks of wages | 2006 | |||
97 | Tanzania | 32 weeks of wages | 2006 | ||
98 | France | 31.8 weeks of wages | 2006 | ||
=99 | Mauritania | 31.4 weeks of wages | 2006 | ||
=99 | Mali | 31.4 weeks of wages | 2006 | ||
=99 | Niger | 31.4 weeks of wages | 2006 | ||
102 | Uruguay | 31.2 weeks of wages | 2006 | ||
103 | Democratic Republic of the Congo | 30.8 weeks of wages | 2006 | ||
=104 | Madagascar | 30.3 weeks of wages | 2006 | ||
=104 | Uzbekistan | 30.3 weeks of wages | 2006 | ||
=104 | Lithuania | 30.3 weeks of wages | 2006 | ||
107 | Moldova | 28.8 weeks of wages | 2006 | ||
108 | Grenada | 28.7 weeks of wages | 2006 | ||
=109 | Canada | 28 weeks of wages | 2006 | ||
=109 | Fiji | 28 weeks of wages | 2006 | ||
Group of 7 countries (G7) average (profile) | 26.92 weeks of wages | 2006 | |||
=111 | Finland | 26 weeks of wages | 2006 | ||
=111 | Guinea | 26 weeks of wages | 2006 | ||
=111 | Rwanda | 26 weeks of wages | 2006 | ||
=111 | Suriname | 26 weeks of wages | 2006 | ||
=111 | Sweden | 26 weeks of wages | 2006 | ||
=111 | Haiti | 26 weeks of wages | 2006 | ||
=111 | Burundi | 26 weeks of wages | 2006 | ||
118 | Namibia | 24.3 weeks of wages | 2006 | ||
=119 | Belize | 24 weeks of wages | 2006 | ||
=119 | South Africa | 24 weeks of wages | 2006 | ||
121 | Nicaragua | 23.8 weeks of wages | 2006 | ||
Eastern Europe average (profile) | 22.93 weeks of wages | 2006 | |||
122 | United Kingdom | 22.1 weeks of wages | 2006 | ||
=123 | Tajikistan | 21.7 weeks of wages | 2006 | ||
=123 | Central African Republic | 21.7 weeks of wages | 2006 | ||
=123 | Azerbaijan | 21.7 weeks of wages | 2006 | ||
=123 | Czech Republic | 21.7 weeks of wages | 2006 | ||
=123 | Belarus | 21.7 weeks of wages | 2006 | ||
Former Soviet republics average (profile) | 20.01 weeks of wages | 2006 | |||
128 | Laos | 19.4 weeks of wages | 2006 | ||
=129 | Netherlands | 17.3 weeks of wages | 2006 | ||
=129 | Lebanon | 17.3 weeks of wages | 2006 | ||
=129 | Yemen | 17.3 weeks of wages | 2006 | ||
=129 | Russia | 17.3 weeks of wages | 2006 | ||
=129 | Latvia | 17.3 weeks of wages | 2006 | ||
=129 | Kyrgyzstan | 17.3 weeks of wages | 2006 | ||
=129 | Tunisia | 17.3 weeks of wages | 2006 | ||
136 | Algeria | 17 weeks of wages | 2006 | ||
137 | Belgium | 16 weeks of wages | 2006 | ||
=138 | Slovakia | 13 weeks of wages | 2006 | ||
=138 | Norway | 13 weeks of wages | 2006 | ||
=138 | Armenia | 13 weeks of wages | 2006 | ||
=138 | Ukraine | 13 weeks of wages | 2006 | ||
=138 | Uganda | 13 weeks of wages | 2006 | ||
=138 | Switzerland | 13 weeks of wages | 2006 | ||
=138 | Iceland | 13 weeks of wages | 2006 | ||
=138 | Poland | 13 weeks of wages | 2006 | ||
146 | Denmark | 10 weeks of wages | 2006 | ||
=147 | Maldives | 8.7 weeks of wages | 2006 | ||
=147 | The Gambia | 8.7 weeks of wages | 2006 | ||
=147 | Samoa | 8.7 weeks of wages | 2006 | ||
=147 | Mongolia | 8.7 weeks of wages | 2006 | ||
=147 | Bulgaria | 8.7 weeks of wages | 2006 | ||
=147 | Kazakhstan | 8.7 weeks of wages | 2006 | ||
153 | Japan | 8.6 weeks of wages | 2006 | ||
=154 | Afghanistan | 4.3 weeks of wages | 2006 | ||
=154 | Georgia | 4.3 weeks of wages | 2006 | ||
=154 | Jordan | 4.3 weeks of wages | 2006 | ||
=154 | Oman | 4.3 weeks of wages | 2006 | ||
=154 | Kiribati | 4.3 weeks of wages | 2006 | ||
=159 | Australia | 4 weeks of wages | 2006 | ||
=159 | Iraq | 4 weeks of wages | 2006 | ||
=159 | Singapore | 4 weeks of wages | 2006 | ||
162 | Romania | 3 weeks of wages | 2006 | ||
163 | Italy | 1.7 weeks of wages | 2006 |
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.