Study: Staff dismissal cheaper in Slovakia than in Western Europe

Study: Staff dismissal cheaper in Slovakia than in Western Europe

The cost of laying off an experienced employee for organisational reasons in Slovakia is still lower than in western European countries, according to a latest study done by Deloitte Legal, a consultancy firm covering 31 European countries. In Slovakia it costs about €35,000, while comparatively the process is the most expensive in Italy, Sweden, Belgium and Luxembourg; with costs reaching up to €60,000. Slovakia was among the countries with relatively higher dismissal costs only when the affected person had medium to long-term experience and at the same time the dismissal concerned the termination of their work contract due to organisational changes.


Anca Dragu, Photo: pixabay.com/tpsdave

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