Severance pay programs around the world: history, rationale, status, and reforms

"The paper examines severance pay programs around the world by providing the first ever overview of existing programs, examining their historic development, assessing their economic rationale and describing current reform attempts. While a significant part of the paper is devoted to a comprehen...

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Main Authors: Holzmann, Robert, Pouget, Yann, Vodopivec, Milan, Weber, Michael
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2011
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19177600124919958829-Severance-pay-programs-around-.htm
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author Holzmann, Robert
Pouget, Yann
Vodopivec, Milan
Weber, Michael
author_facet Holzmann, Robert
Pouget, Yann
Vodopivec, Milan
Weber, Michael
collection Library items
description "The paper examines severance pay programs around the world by providing the first ever overview of existing programs, examining their historic development, assessing their economic rationale and describing current reform attempts. While a significant part of the paper is devoted to a comprehensive 183 cross country review of existing severance arrangements and their characteristics, the paper goes beyond a mere description. It develops and empirically tests three hypotheses about the economic rationale of the program, namely severance pay being: (i) a primitive income protection program, (ii) an efficiency enhancing human resource instrument, and (iii) a job protection instrument. The paper also reviews the recent reforms of Austria, Chile, Italy and Korea. "
format TEXT
id 19177600124919958829_c0e028f18f6c493284c0dae3feb2bf3a
institution ETUI-European Trade Union Institute
is_hierarchy_id 19177600124919958829_c0e028f18f6c493284c0dae3feb2bf3a
is_hierarchy_title Severance pay programs around the world: history, rationale, status, and reforms
language English
physical 77 p.
Digital
publishDate 2011
publisher Bonn
IZA
spellingShingle Holzmann, Robert
Pouget, Yann
Vodopivec, Milan
Weber, Michael
comparison
human resources management
international
seniority benefit
severance pay
statistics
termination of employment
Severance pay programs around the world: history, rationale, status, and reforms
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=114564693274
title Severance pay programs around the world: history, rationale, status, and reforms
topic comparison
human resources management
international
seniority benefit
severance pay
statistics
termination of employment
url https://www.labourline.org/KENTIKA-19177600124919958829-Severance-pay-programs-around-.htm