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South Asia: 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 SOUTH ASIAN TOTAL SOUTH ASIAN AVERAGE DATES
Weeks of wages 59.18 weeks of wages
11% more than average
2006

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