Firing Costs (Weeks of Wages) reached 91.0 weeks in 2009 in Philippines. This is the same as in the previous year.
Historically, Firing Costs (Weeks of Wages) in Philippines reached an all time high of 91.0 weeks in 2003 and an all time low of 91.0 weeks in 2003. When compared to Philippines's main peers, Firing Costs (Weeks of Wages) in China amounted to 91.0 weeks, 108 weeks in Indonesia and 87.0 weeks in Vietnam in 2009.
Philippines has been ranked 8th within the group of 76 countries we follow in terms of Firing Costs (Weeks of Wages).
Firing cost is the cost of advanced notice requirements, severance payments, and penalties due when terminating a redundant worker, expressed in weekly wages.