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Cameroon has one of the highest amounts of severance pay in the world - 1.1 weeks of salary for a 1-year tenure

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Cameroon has one of the highest amounts of severance pay in the world - 1.1 weeks of salary for a 1-year tenure

New research carried out by Lensa, reveals how fairly workers are treated in different countries when it comes to being laid off.

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Looking at notice periods for redundancy and unemployment rates, as well as redundancy pay and rules over the world, to find out where in the world is the fairest place to be laid off.



Top 10 countries for severance pay after 1-year tenure




 

 


































































 

 

Severance pay for redundancy dismissal (weeks of salary)

Rank

Location

1-year tenure

1

Belarus

13

1

Tajikistan

13

3

Moldova

12.9

4

Sierra Leone

8.4

5

Egypt

4.3

5

Zimbabwe

4.3

5

Honduras

4.3

8

Paraguay

2.1

9

Cameroon

1.1

10

Kuwait

2.1

 

 



Belarus and Tajikistan tie for the first place when it comes to severance pay after having the job for one year, with residents receiving 13 weeks worth of salary in the event of a layoff.



Moldova is not far behind, with 12.9 weeks' worth of salary to fall back on after being laid off.



The study found that the amount of severance pay also differs enormously depending on the length of service:


 




































 

 

Severance pay for redundancy dismissal (weeks of salary)

Rank

Location

5 years tenure

10-years tenure

1

Sierra Leone

47

132

2

Egypt

21.7

54.2

2

Honduras

21.7

43.3

 



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