Table 8 Global Competitiveness Report labour market pillar and changes over time (2004–2008)
From: Composite indicators of labour market regulations in a comparative perspective
Report year | 2004–2005 | 2005–2006, 2006–2007 | 2007–2008, 2008–2009 |
|---|---|---|---|
Number of countries | 104 | 117, 125 | 131, 134 |
LM efficiency | 7th pillar (pilot version) 1. Flexibility • (6.13) Extent and effect of taxation (weight = ½) • (9.18) Hiring and Firing practices • (9.19) Flexibility of Wage Determination • (9.20) Cooperation in labour-employer relations 2. Female participation • (4.13) Maternity laws’ impact on hiring women • (7.08) Private sector employment for women 3. Meritocracy (incentives/effort) • (4.12) Brain Drain • (9.15) Reliance on Professional Management (weight = ½) • (9.21) Pay and Productivity | 6th pillar–LM flexibility and efficiency (part of market efficiency) 1. Flexibility • (8.17; 6.12) Hiring and Firing practices • (8.18; 6.13) Flexibility of Wage Determination • (8.19; 6.14) Cooperation in labour-employer relations 2. Efficiency • (8.14; 6.15) Reliance on Professional Management • (8.20; 6.16) Pay and Productivity • (4.08; 6.17) Brain Drain • (4.09; 6.18) Private sector employment of women | 7th pillar 1. Flexibility—50 % • (7.01) Cooperation in labour-employer relations • (7.02) Flexibility of Wage Determination • (7.03) Nonwage labour costs • (7.04) Rigidity of Employment • (7.05) Hiring and Firing practices • (6.04) Extent and effect of taxation (weight = ½) • (6.05) Total tax rate (weight = ½) • (7.06) Firing Costs 2. Efficient use of talent—50 % • (7.07) Pay and Productivity • (7.08) Reliance on Professional Management (weight = ½) • (7.09) Brain Drain • (7.10) Female participation in labour force |