New research reveals that longer #NoticePeriods help workers find better jobs and reduce #unemployment spells. Thus long-term production gains outweigh short-term #Productivity losses. In contrast, larger severance delays job finding and has no impact on wages. #LaborMarket #LaborEconomics
https://academic.oup.com/qje/advance-article/doi/10.1093/qje/qjae029/7810272
Mandatory Notice of Layoff, Job Search, and Efficiency*
Abstract. In all OECD countries, Mandatory Notice (MN) policies require firms to inform workers in advance of a layoff. In our theoretical framework, MN he
🔔 Confused about notice periods? Should you give a 30-day notice or a full calendar month? Our article explains it all! 📅📑
Make informed decisions. Read more here:
https://kontak.co.za/notice-periods-30-days-or-calendar-month/#NoticePeriods #CareerAdvice #JobTransition #KontakRecruitment30 Day Notice Period or a calendar month - what does it mean?
Notice period: What is a notice period? How much notice do I need to give my employer when I resign? 30-day notice period calendar month.
Santi Garcia
Kontak Recruitment