. The composition of the food basket is taken from the national food balance sheets published by the UN Food and Agriculture Organization (FAO). 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. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. "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 United States (PPS 920) belong to group 2. The answer, economists say, lies in a vicious circle of underinvestment, especially in education and technology, low productivity and weak economic expansion. Individual Living Wage represents an acceptable standard of living for a single individual working full-time. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. After the payment of taxes and other deductions, about 1,800 euros remains at the disposal of the Italian employee. Details such as the method of payment of your salary into a bank or post office account and the date of salary payments are usually included in general terms and conditions. Taxes Included in This Italy Salary Calculator. Check our database! Many employees in Italy are entitled to an additional month's remuneration - the so-called 13th month's salary (tredicesima mensilit), usually paid in December before Christmas and referred to as a Christmas bonus (gratifica natalizia) when it applies to factory or manual workers. 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. The highest paid professions in Italy are doctors and management companies (top managers). (September 2022) The map shows the minimum wage in different world subdivisions, as of February 2023. Some 200 billion euros ($208.36 billion) of EU pandemic recovery funds Rome is due to receive through 2026 is a major opportunity, he said, allowing Italy to adopt reforms while increasing spending, rather than reducing it as in the past. What is the minimum wage in Italy? You can check the details of existing agreements here (in Italian). A minimum wage of 9 per hour has been proposed and rejected multiple times. Learning Italian is highly recommendable, as the command of English in the city is lower than most of the comparable European capitals. In Italy they increased just 0.6%. It might be a good option if you going for a long travel. Living Wage describes the adequate living standard. //-->. Its important to know that salaries in Rome are above the average for Italy. The food expenditure is the main component of Living Wage and it is determined by the price of food basket. our salary calculator. Eurostat), or 29,440 per year. While group 2 includes Romania, Portugal, Malta, Croatia, Greece, Hungary, Czechia, Estonia, Slovakia, Latvia and Bulgaria. Simply enter your annual or monthly income into the salary calculator above to find out how taxes in Italy affect your income. Like many hospitality sector jobs, they were all paid at least partly "cash-in-hand". This means that your net income, or salary after tax, will be In conclusion, we note that the unemployment rate in Italy is about 7-8% and the income tax rate in 2023 ranges from 23% (income up to 15,000 euros per year) to 43% (income over 75,000 euros per year). Wages Wage Growth High Skilled Low Skilled Latest data on Wages (EUR/ Month) Chart Historical Chart What is average wage in Italy? REUTERS/Flavio Lo Scalzo. Foracademic use,data on Living Wages and the cost of living can be acquired for free. 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. At the same time, it has been found that compliance with the collectively agreed minima is relatively low, particularly among smaller companies and in southern Italy. Minimum wage. Here are some websites for job hunting in Florence: Italy does not have an official minimum salary, unlike most European countries. However, most jobs will pay above 900 euros per month, while the average net wage in Florence is about 1350 euros per month. Privacy Policy It will also help you to avoid dating scams around the internet and find people really interested in honest relationships. This is the total monthly salary including bonuses. Jetradar: Compare and book flights around the world with our own flight search fare tool. That meant keeping salaries low.". Average Wages in Italy increased to 2627 EUR/ Month (2864.745 USD/Month) in 2022. You are looking at an archive page of WageIndicator Living Wages. Note: Table shows the lowest monthly Minimum Wage in a country, when available. Group 1 includes Luxembourg, Germany, the Netherlands, Belgium, France, Ireland, Slovenia, Spain, Poland and Lithuania. Statutory minimum wages, 2023 20 January 2023 Topics: Minimum wage Notes Gross and nominal statutory minimum wages are expressed in euros and in monthly payments. In every case the total income earned by two adults paid living wage is sufficient to reach adequate living standard. Inexperienced employees may earn the minimum basic wage, although most employees are paid much more, particularly in the north of the country (wages are lower in the south, which has high unemployment). 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). * Before any tax and social security contributions are deducted. How Much Does It Cost to Live In Italy? 4/2023 The monthly report on Italian economy for the month of April 2023 now online Reference period: April 2023 | Date of Issue: 10 May 2023 Continuing vocational training survey Microdata for research purposes available on "Continuing vocational training survey" Reference period: Years 2005, 2020 | The chart below reflects the average (mean) wage as reported by various data providers. In April the number of temporary workers stood above 3.15 million, the highest since 1977. 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. 387 You'll then get a breakdown of your total tax liability and take-home pay. 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. In Slovenia (1 074) and Spain (1 126) minimum wages ranged just over 1 000 per month, while in the remaining six Member States, minimum wages were above 1 500 per month: France (1 603), Germany (1 621), Belgium (1 658), the Netherlands (1 725), Ireland (1 775) and Luxembourg (2 257). Learn about thedatabase options and ratesand thecountries and regions covered. Data for each country are from January 2010 to January 2023, except for Germany and Cyprus (which adopted a statutory minimum wage in January 2015 and January 2023 respectively). Are you really considering to work and live abroad, temporarily or permanently? You could abviously do research and look for what is the average minimum wage, if you're interested. Ukraine Hryvnia to Euro", "Earnings and hours worked, all employees", "XE: Convert GBP/EUR. Extra months' salary are guaranteed bonuses and aren't pegged to the company's performance. It also coversabout remote work and TEFL jobs. Find out all the details in this article The premise is simple: in Italy there is no minimum wage. Are Minimum Wages often updated and up to date? If a bonus is paid, such as a 13th or 14th month's salary, it is stated in the employment contract. Countries marked on the map in dark red do not have a minimum wage. If you're curious about the minimum wage in Italy, be sure to check out our complete guide here. per week. The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Most employers give reasonable consideration to a request to attend a course during working hours, provided it doesn't take too much time. This is the map and list of European countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in euros. The Lombardy region boasts the highest average salary in the country, followed by South Tyrol (Bolzano), while the lowest wages are The chart below reflects the average (mean) wage as reported by various data providers. For a single individual with no dependents, this figure would have amounted to a monthly take-home pay of 1,084, as estimated by 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. [2] Standard users can export data in a easy to use web interface or using an excel add-in. ABOUT US . One adult is working full-time and the working hours of second adult are approximated by national employment rate. Salaries in job contracts are normally stated gross (lordo), that is, before all deductions and withholdings for benefits, taxes and social security. Thank you for the information. Decent Wages Myanmar - 2019 - Data Visual, Minimum Wage - Regional Administrative Units, Living Wages: Available Countries and Regions from April 2023, Living Wages for Workers, small Employers, Trade Unions, How WageIndicator's Living Wage Database Helps Organisations, Gross hourly wage analysis across occupations for the Netherlands - 2017 - 2018 - 2019, 2020 - VIP Salaries - Who earns the most? The Minimum Wage is a national legally binding obligation on employers which often make no reference to a living standard. It might, however, be a good idea to look at the salaries per region as it varies enormously. According to Salary Explorer, the average gross salary for Italy as of March 2023 is around 43,800 per year or 3,650 a month. According to Article 36 of the Constitution, the minimum wage in Italy must be proportional to the quality and quantity of the work done and must be high enough to ensure a minimum living wage for the employee and his family. [CDATA[// >