Arbeitspapier
The Role of Works Councils for Severance Payments
Using representative German employee data, we analyse the role of works councils for the incidence of severance payments subsequent to dismissals. While there is a positive relation with severance payments after those dismissals which stem from plant closings, the incidence of a works council is negatively associated with severance pay subsequent to individual layoffs. In both cases, we find a negative moderating effect of individuals' higher reemployment chances. We also explore gender differences and differences between the types of previously held jobs.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 10750
- Classification
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Wirtschaft
Labor-Management Relations; Industrial Jurisprudence
Labor Turnover; Vacancies; Layoffs
Unemployment Insurance; Severance Pay; Plant Closings
- Subject
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dismissals
layoffs
plant closings
severance pay
works councils
- Event
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Geistige Schöpfung
- (who)
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Grund, Christian
Martin, Johannes
- Event
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Veröffentlichung
- (who)
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Institute of Labor Economics (IZA)
- (where)
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Bonn
- (when)
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2017
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Grund, Christian
- Martin, Johannes
- Institute of Labor Economics (IZA)
Time of origin
- 2017