Labor Redundancy, Retraining, and Outplacement during Privatization : The Experience of Brazil's Federal Railway

One of the most complex challenges of infrastructure privatization is its impact on employment. Often (but not always) private operators' main approach to cost-cutting is labor reduction. Private operators cannot afford the low levels of labor productivity typical in public companies if they ar...

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Bibliographic Details
Main Authors:	Estache, Antonio, Schmitt de Azevedo, Jose Antonio, Sydenstricker, Evelyn
Format:	Publications & Research
Language:	en_US
Published:	World Bank, Washington, DC 2015
Subjects:	Labor redundancy Retraining Outplacement Privatization Railway sector Reduction in force Training programs Infrastructure privatization Labor productivity Early retirement accidents accounting assets auctions balance sheet debt decision making discussions employment employment contracts employment opportunities employment policy fixed costs government intervention housing intervention job search assistance jobs labor law labor market labor markets Layoff layoffs legislation Managers new entrants outplacement outplacement assistance penalties private concessionaires private sector privatization Professional training public enterprises recruitment Reduction In Force redundant workers reorganization retirement savings savings accounts social needs Social Security staff staff productivity staff retrenchment termination training courses Transport turnover unemployment unions wages
Online Access:	http://hdl.handle.net/10986/21296

Internet

http://hdl.handle.net/10986/21296

Labor Redundancy, Retraining, and Outplacement during Privatization : The Experience of Brazil's Federal Railway

Internet

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