Asked by Madasen Freeman on Sep 23, 2024

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Which country has the lowest direct monetary costs of layoffs in terms of weeks of wages?

A) Brazil
B) China
C) Germany
D) India
E) United States

Direct Monetary Costs

Expenses that can be directly quantified in financial terms, such as materials, labor, and overhead costs.

Layoffs

The act of temporarily or permanently reducing a company's workforce due to business needs, economic downturns, or other financial pressures, often leading to job loss for affected employees.

Weeks Of Wages

A measure of compensation or benefits based on the amount an employee would earn over a specified number of weeks.

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Verified Answer

1A
17028 Ava Arsen2 days ago
Final Answer :
E
Explanation :
The United States has the lowest direct monetary costs of layoffs, as it generally offers less in terms of severance and notice periods compared to countries like Brazil, China, Germany, and India, where labor laws are more stringent in terms of worker protections.