Also as of 2021, there are ongoing talks to implement an official minimum salary for all categories in Italy. The highest paid professions in Italy are doctors and management companies (top managers). 1,920 to 2,710 EUR Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range Salary Range, Minimum Wage, and Starting Salary Translator salaries in Italy range from 1,620 EUR per month (starting salary) to 5,160 EUR per month (maximum salary). For press queries, please contact our Media Support. It might be a good option if you going for a long travel. Iceland Krona to Euro Member Countries", "Salary after Tax Calculator - Ireland (IE)", "Kazakhstan - Online salary calculator (The authorities do not display the net salary)", "DSV010m. Dating Guide: this dating guide will help you not only to find love but to understand the social customs of each country. Italy does not have a government-regulated minimum wage, as opposed to most other European countries. Minimum wages were first utilized to address the exploitation of workers in sweatshops and then came to be seen as a way to prevent exploitation and help lower-income families everywhere. Exclusive news, data and analytics for financial market professionals, Additional reporting by Emilio Parodi in Milan; Editing by Catherine Evans, China's on the move again, economic outlook brightens, Japan's biggest banks to raise housing loan rates after BOJ's policy tweak, Japan's tourism restart stirs hope of service-sector recovery -PMI, South Korea's Sept inflation slows but tightening bias seen intact, Rio Tinto sets up battery testing plant in Melbourne, Qantas names Rob Macrolina new CFO in latest management overhaul, United Airlines CEO blames FAA as storms trigger more flight cancellations, Britain loses status as global climate leader, advisers say, One in seven Britons faced hunger in 2022, says food bank charity. The government publishes a salary rate book (tabelle professionali) for each category of employee, including operatives (operai), staff employees (impiegati) and managers (dirigenti). The common goal of the many living wage campaigns currently taking place all over the world is to lift Minimum Wages levels to those of the Living Wages. More information in this post (in Italian). With Revolut, you don't have to choose! Italy is the 9th largest economy and the 8th largest exporter in the world. As of January 2023, a new rate for 2023 is still being negotiated and not yet in effect in Spain. The average monthly net salary in Italy is around 1,376, while the average hourly wage is 21/hour. [2] Check below the average and minimum salary in Rome, the capital of Italy and one of the most visited cities in the world. But I've heard it can happen for young graduates in weak sectors to end up in 6-months unpaid internships with 500 per month of "reimbursement of expenses" with "possibility to . Most of EU countries minimum wages are fixed at a monthly rate, but there are some countries where minimum wage is fixed at an hourly rate or a weekly rate. The OECD figures have triggered an anguished debate on "la questione salariale" (the salary issue) - or why Italy is unable to generate stable, well-paid jobs. . Yeah, Italy doesn't have 'minimum wage' in the actual sense. Senior and middle managers often receive extra bonuses (premi e gratificazioni), perhaps linked to profits, equal to around 10 to 20 percent of their annual salary. You could abviously do research and look for what is the average minimum wage, if you're interested. You may also want to check our website guides: Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world. Monthly minimum wages vary widely across the Member States, from 399 in Bulgaria to 2 387 in Luxembourg (see Figure 1). per month, or If this sounds high, it's because this number includes various benefits, such as housing stipends, travel expenses, vacation allowance, etc. In general, according to local statistical agencies, the average salary in Italy in 2023 is about 2,415 euros per month. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Severance pay in Italy. However, in 2020 there was a decrease to . 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List of European Union member states by minimum wage, List of European countries by minimum wage, List of European Union member states by average wage, List of European Union member states by unemployment rate, List of European countries by average wage, List of European countries by budget revenues per capita, List of European countries by GNI (nominal) per capita, "The Minimum Wage in Bulgaria becomes 780 Leva from 1st January 2023", "Uredba o visini minimalne plae za 2023. godinu", "Cyprus Minimum Wage set at 940 Euros per Month", "Jureka increases the minimum wage by 1100 crowns", "Estonia, it is agreed to increase the minimum wage to 725 euros per month", "le Smic mensuel net va augmenter de 24 euros au 1er janvier 2023", "German Parliament Approves Increase in Minimum Wage to 12 per Hour, Effective October 1, 2022", https://www.kathimerini.gr/economy/local/562326589/mitsotakis-sta-780-eyro-o-katotatos-misthos/, "Hungary government, employers agree on 16% minimum wage hike for 2023", "Minimum Wages Set to Increase in Baltic States in 2023", "Lithuanian government endorses 2023 budget bill", "Vyriausybje pristatytas 2023 m. biudeto projektas", "Social minimum wage and indexation of salaries", "Budget 2023: Workers to receive an extra cost of 9.90 per week cost of living adjustment", "Netherland:Minimum Wage will Increase by 10% from January 1, 2023", "Poland minimum wage to be increased more than previously announced", "Romania to raise gross minimum wage to 3,000 lei (609 euro) as of January 1, 2023", "Trade union and employers clinch agreement to boost minimum wage", "The minimum wage is hundreds of thousands higher", "Spanish government to increase minimum wage", "Minimum Wage with effect from 1 January 2022 Spain", International Authority for the Ruhr (19491951), European Coal and Steel Community (19512002), European Monetary Cooperation Fund (19731994), European Financial Stability Facility (2010, European Financial Stability Mechanism (2010, Agencies, decentralised independent bodies, corporate bodies and joint undertakings, European Judicial Network in civil and commercial matters, Mechanism for Cooperation and Verification, Cities with more than 100,000 inhabitants, Largest cities by population within city limits, https://en.wikipedia.org/w/index.php?title=List_of_European_Union_member_states_by_minimum_wage&oldid=1155057580, Short description is different from Wikidata, Pages using image label with a wide image, Creative Commons Attribution-ShareAlike License 4.0, 885.00 (basic) / 940.00 (skilled employees), 725.00 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously), 1709.28 (minimum wage is fixed at an hourly rate), 2,080.00 (minimum wage is fixed at an hourly rate), 1909.70 (minimum wage is fixed at an hourly rate), 2387.40 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously), 835.16 (minimum wage is fixed at a weekly rate), 700.00 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously), This page was last edited on 16 May 2023, at 11:15. Statutory minimum wages, 2023 | Eurofound By eliminating price differences, minimum wages ranged from 604 PPS per month in Bulgaria to1 707 PPS in Luxembourg, meaning that the highest minimum wage was almost 3 times higher than the lowest. Imprint. Question about wages in Italy - Reddit - Dive into anything WageIndicator.org is connected to the WageIndicator Network, Typical family (two parents + 1.4 children, 1.5 working), Standard family (two parents + 2 children, 1.8 working), Two parents and two children, 1.5 working, Two parents and three children, 1.5 working, Two parents and four children, 1.5 working. Instead, minimum wages are set through national collective bargaining agreements (NCBAs). Under Italian law there is not a statutory minimum wage.Yet most workers are actually covered by a minimum wage agreement, established through collective bargaining (see no. All candidate and potential candidate countries with a national minimum wage belong to group 2, with minimum wage levels ranging from PPS 401 in Albania to PPS 888 in Montenegro. Half of Italy's agribusiness depends on (illegal) immigrants picking tomatoes for 2/hour. for more details. ROME, June 16 (Reuters) - Diana Parini left her waitressing job at an Italian Alpine resort last month because she was fed up with the pay and conditions: eight euros per hour, of which six were paid cash-in-hand with no welfare or pension contributions. The highest incomes are recorded in the Lombardy region, and the lowest in Calabria. Work Abroad Guide: Learn how to find a job and employment requirements in different countries. Italy is included in the list of 10 European countries where the minimum wage is not set at the state level. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. European Foundation for the Improvement of Living and Working Conditions, The tripartite EU agency providing knowledge to assist in the development of better social, employment and work-related policies, The ultimate guide to average salaries in Italy (2022-2023) Thus, the median figures provided further below might be more representative than averages. The average monthly gross salary in Italy is around 2,453 (source Eurostat), or 29,440 per year. The large increase in Bulgaria is explained by the fact that the new rate for 2022 (LEV 710 or 363) came into effect only in April 2022 (so the growth rate between January 2022 and January 2023 is taking into account both the 2022 and 2023 upgrades). Wages in Italy averaged 2013.64 EUR/Month from 1990 until 2022, reaching an all time high of 2627.00 EUR/Month in 2022 and a record low of 1176.00 EUR/Month in 1990. Even if is a quite high salary for Italian standards (and considering its low performance economy), it is important to consider that the cost of living is quite high in Rome. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Below are some resources that might be useful for you around the web: World Nomads: this company provides travel insurance in most countries around the world. Middle East Eye on Instagram: "The Turkish government has announced an Salaries in job contracts are normally stated gross (lordo), that is, before all deductions and withholdings for benefits, taxes and social security. Standard family Living Wage is estimated for a family composed of two adults and two children (referred to as family 2+2). If you are traveling to Italy anytime soon, check our post on the best places to stay in Rome. An Overview, Closing the Gaps between Minimum and Living Wages in the Cut Flowers Supply Chains, Collective Bargaining, AI and AM in the services sectors, Covid-19: Living and Working in Coronavirus Times, Trabajo - Vida en Tiempos de Coronavirus - Espaol, Covid- 19: Effect of pandemic on Garment and Flower Industry, Gross/Net Check plus employers labour costs, Makin Terang - Improving Work and Worker Representation in Indonesia, Monitoring the impact of the WageIndicator sites and activities, Mywage.org/Ethiopia for living wages in the garment sector, Mywage.org/Ethiopia for living wages in the flowers and garment sector, Wages in Context in the Garment Industry in Asia, Pandemic - WageIndicator Team & Flame Interns, Data from Salary Check and Salary Survey over the years, Web Traffic National WageIndicator Websites - 2012 - 2019, Global WageIndicator Minimum Wage database, Reporting form for safeguarding allegations and concerns. As mentioned above, across the board there is no minimum wage in Italy. Simply enter your annual or monthly income into the salary calculator above to find out how taxes in Italy affect your income. The Minimum Wage is a national legally binding obligation on employers which often make no reference to a living standard. Russia RUB to Euro", "Republic of Bulgaria, National Statistical Institute", " ", " ", "Ukraine - Individual - Taxes on personal income", Wages (statutory minimum, average monthly gross, net) and labour cost (2005) CE Europe, Wages and Taxes for the Average Joe in the EU 27 2009, Database Central Europe: wages in Central and Eastern Europe, https://en.wikipedia.org/w/index.php?title=List_of_European_countries_by_average_wage&oldid=1162169896, This page was last edited on 27 June 2023, at 12:04. Reported monthly earnings of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web survey on work and wages. Italy is located in the southern part of Europe. Employee education (preparazione) and training (formazione) isn't taken as seriously as in many other EU countries, and Italian employers aren't obliged to provide employee training programmes, such as seminars, conferences, technical courses or language lessons. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Living Wages are presented in context with other wage indicators including prevailing wages of workers over recent years. Average annual wage in Italy 2000-2021. "Has this government of national unity passed reforms that can allow us to grow significantly? As of 1 January 2022, 21 out of the 27 EU Member States have national minimum wages, making Denmark, Italy, Cyprus, Austria, Finland and Sweden the exceptions. For this figure, our calculator projects a salary of 1,676 per month after taxes. Current job openings: 2022 Data - 2023 Forecast - 1990-2021 Historical, Italy Industry Morale Lowest since January 2021, Italy Consumer Confidence Rises to 16-Month High, Italian Construction Shrinks the Most in 3 Years, Italy Industrial Production Contracts for 4th Month, Italian Retail Sales Rise Less than Expected, Italian Construction Activity Contracts for 6th Month, South Korea Consumer Sentiment at 13-Month High, US Crude Oil Inventories Fall More than Estimates: API. Note: Table shows the lowest monthly Minimum Wage in a country, when available. After the payment of taxes and other deductions, about 1,800 euros remains at the disposal of the Italian employee. List of European Union member states by minimum wage On average, the minimum wage in Italy in 2023 is about 7 euros per hour. We have a plan for your needs. Monthly minimum wages below 1 000 in 13 EU countries, above 1 500 in 6. Living wage is calculated under different assumptions about working hours. 20202023 WageCentre.com. Italy has a population of about 60.2 million people. The current Italian wage rates, protected by collective bargaining, are adjusted annually according to inflation and are usually renegotiated every few years. Monthly report on italian economy No. This group includes: Cyprus, Portugal, Malta, Lithuania, Greece . Phone: (00) 353 1 2043100 777 Then I googled and found there is no minimum wage in Italy and so many people works for free. The article presents a handful of findings from the more detailedStatistics Explained article. Azerbaijan New Manat to Euro", " 2023", "Convert BYR/EUR. However, the disparities are considerably smaller once price level differences are taken into account. Our mission is to help you plan your finances effectively. Between 2000 and 2019, the average wage in Italy experienced an increase, reaching almost 29,900 euros in 2019. While group 2 includes Romania, Portugal, Malta, Croatia, Greece, Hungary, Czechia, Estonia, Slovakia, Latvia and Bulgaria. According to the Human Development Index, Italy has the world's 8th highest quality of life. 1,676 or Minimum wage. Minimum wages are reviewed every few years and there's also a wage increase for inflation every two years. A large shadow economy is part of the picture. Most of these unions have a minimum salary of around 7 euros per hour, in each of their economic sectors. 9,324. Florence is one of the most expensive cities in Italy, so depending on where you live, your Florence experience can cost you somewhere between 1000$ - 1100$ if you want to live comfortably and travel around. In the near term, Mario Draghi's government is studying measures to reduce the so-called tax wedge, the difference between the salary an employer pays and what a worker takes home, officials have told Reuters. . Are you considering investing, or moving to Rome to take employment? The United States (PPS 920) belong to group 2. The Lombardy region boasts the highest average salary in the country, followed by South Tyrol (Bolzano), while the lowest wages are It will also help you to avoid dating scams around the internet and find people really interested in honest relationships. Individual Living Wage represents an acceptable standard of living for a single individual working full-time. . That is especially the case when it comes to rent. This basic wage may, however, be adjusted downwards for apprentices. Thank you for the information. Belarus Ruble to Euro s", "An overview of Belgian wages and salaries | Statbel", "Average monthly paid off net earnings of persons in employment March 2023", "Average monthly gross earnings of persons in employment March 2023", "Convert BAM/EUR. So generally, the north is more expensive than southern Italy. One adult is working full-time and the working hours of second adult are approximated by national employment rate. You can check the details of existing agreements here (in Italian). Interested in implementing WageIndicator's Living Wages in your organisation, using data that is updated every quarter? 387 Extended family Living Wage includes family with three or four children. In every case the total income earned by two adults paid living wage is sufficient to reach adequate living standard. Smaller gaps in minimum wages once price level differences are eliminated. You'll then get a breakdown of your total tax liability and take-home pay. //-->. 32% Average and Minimum Salary in Tashkent, Uzbekistan. Some employees, such as those in the petroleum and banking industries, receive 15th and even 16th months' salary. Boeri says Italy's priority should be reforms to increase service sector competition and improve the civil justice system and state bureaucracy, but he sees little progress. The Trading Economics Application Programming Interface (API) provides direct access to our data. our salary calculator. Extra months' salary are guaranteed bonuses and aren't pegged to the company's performance. Next, let's find out what salary in Italy in 2023. List of European countries by minimum wage - Wikipedia It has internal borders with the Vatican and San Marino. The state has been a part of the European Union since its founding (March 25, 1957), and also uses the euro as the national currency since 1999. Boeri criticised the union stance as "a question of power", saying with millions of Italians excluded from collective bargaining, "the current system isn't working". And it has deep roots. In some countries, social security, contributions for pensions, public schools, and health are included in these taxes. Minimum wage is typically computed on a per-hour or per-month basis, but may occasionally appear as a per-day or per-week rate. On average, the minimum wage in Italy in 2022 is about 7 euros per hour. There is not a single answer to what is the adequate cost of living. Speaking Italian is mostly necessary for most positions available in Italy, however, there are exceptions. Cost of Living in Florence, Italy - Check in Price - Travel Economics The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours),[1] Belgium (38 hours),[2] Ireland (39 hours),[1] and Germany (39.1 hours).[1]. Foracademic use,data on Living Wages and the cost of living can be acquired for free. The country is also known for its rich art, cuisine, history, fashion, and its beautiful surroundings. Privacy Policy Note: Table shows the lowest monthly Minimum Wage in a country, when available. The chart below reflects the average (mean) wage as reported by various data providers. Among all sectors in Italy that have a minimum salary, this is the lowest. In some sectors, there are standard contracts negotiated by trade unions that will include a minimum hourly pay, but those are not in force because of a law of the State, it's just an agreement between unions and the specific industry at . "To respond to globalisation we tried to compete with emerging markets by lowering costs instead of following the German example of investing in higher quality production. The premise is simple: in Italy there is no minimum wage. This would have translated to an annual gross salary of 18,720 (1,560 . Italy Minimum Wage - World Minimum Wage Rates 2023 Do you want to read more? The gross salary range for people working in Italy is typically from 1,338 EUR (minimum salary) to 4,977 EUR (highest average, actual maximum salary is higher). Countries marked on the map in dark red do not have a minimum wage. Cost of Living in Italy. (2023 Updated) - Travel Safe - Abroad: Find Rates are fixed in collective agreements between employers and trade unions in individual sectors. Turkey Lira to Euro", " 2022 14577 ", "XE: Convert UAH/EUR. The average salary in Rome, Italy is currently around 1450 euros per month. Find out how much of your salary actually makes it to your pocket with our user-friendly calculators. Prices in Turkey. Moreover, national data provide agood overview, but the use of regional data is recommended for Living Wage implementation. The average salary in Italy depends largely on the profession, level of qualification, education, economic sector, gender and age of the employee, as well as the specific region. The government has been steadily increasing the minimum monthly wage over the past decades. White label accounts can distribute our data. The Italian labor market is highly competitive, especially among labor migrants from third countries. THE MINIMUM WAGE IN ITALY: A COMPLETE GUIDE - Accounting Bolla Istat.it Labour and wages Based on their levels in euro, those 21 Member States can be divided into three main groups. As of 2021, the minimum salary for agriculture workers in Italy is of 874,65 per month. In January 2022, 13 Member States, located in the east and the south of the EU, had minimum wages* below 1 000 per month: Bulgaria (332), Latvia (500), Romania (515), Hungary (542), Croatia (624), Slovakia (646), Czechia (652), Estonia (654), Poland (655), Lithuania (730), Greece (774), Malta (792) and Portugal (823). Group 1 includes Luxembourg, Germany, the Netherlands, Belgium, France, Ireland, Slovenia, Spain, Poland and Lithuania. Some Italians, especially in the poor south, top up regular jobs with casual work which does not show up in official wage statistics, and is usually even more badly paid. Find out all the details in this article The premise is simple: in Italy there is no minimum wage.