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.