By
Social Protection and Labor Markets Division (VPS/SCL/SPL)
The OECD/IDB indicators of employment protection legislation measure the procedures and costs involved in dismissing individuals or groups of workers and the procedures involved in hiring workers on fixed-term or temporary work agency contracts. The indicators have been compiled using IDB and OECD own reading of statutory laws, collective bargaining agreements and case law. The OECD Secretariat and the IDB equally share the responsibility of the interpretation of LAC countries’ statutory laws, collective bargaining agreements and case law. This database constitutes the first systematic approach to review and compare employment protection regulations in LAC, in a way that is also comparable with countries around the world.
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