Trends in Recent World Bank Support for Severance Pay
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 ex...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/03/6049441/trends-recent-world-bank-support-severance-pay http://hdl.handle.net/10986/11231 |
| Summary: | 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. |
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