Artikel

Compensating displaced workers

Job displacement poses a serious earnings threat to long-tenured workers through unemployment spells and lower re-employment wages. The prevailing method of insuring job displacement losses involves an uncoordinated combination of unemployment insurance and severance pay. Less developed countries often rely exclusively on public mandating of employer severance pay due to the administrative complexity of unemployment insurance systems. If both options are operational, systematic integration of the two is important, although perhaps not possible if severance pay is voluntarily provided.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2018 ; Bonn: Institute of Labor Economics (IZA)

Klassifikation
Wirtschaft
Unemployment Insurance; Severance Pay; Plant Closings
Labor Contracts
Compensation Packages; Payment Methods
Labor Economics Policies
Thema
job displacement
unemployment insurance
wage insurance
severance pay

Ereignis
Geistige Schöpfung
(wer)
Parsons, Donald O.
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2018

DOI
doi:10.15185/izawol.444
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Parsons, Donald O.
  • Institute of Labor Economics (IZA)

Entstanden

  • 2018

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