Publication: Trends in Recent World Bank Support for Severance Pay
Date
2005-03
ISSN
Published
2005-03
Author(s)
Mukherjee, Ranjana
Abstract
This note summarizes the operational
perspective and design of severance packages supported by
Bank loans and credits. The analysis focuses on
severance-funding investment projects approved between
fiscal 2000 and 2004, during which time revised expenditure
eligibility guidelines were issued (in April 2004; see World
Bank 2004). Adjustment projects that supported severance
were not analyzed because project documents do not separate
severance costs from others. The analysis also did not
include investment projects that paid consultants to design
organizational restructuring or severance packages but that
did not fund actual payments to retrenched workers.
Citation
“Mukherjee, Ranjana. 2005. Trends in Recent World Bank Support for Severance Pay. PREM Notes; No. 96. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/385eb9a7-df00-5194-8057-85d0b71a19de License: CC BY 3.0 IGO.”