Currency: Euro (Rate)
Public Holidays: 12 public holidays (see here)
Employer Taxes: ~30% of gross salary
Official Language: Italian
Payroll frequency: Monthly
13th / 14th Salary: 13th (June) & 14th (December) for certain roles (managers / executives)
All employees are entitled to a minimum of four weeks paid annual holiday.
Sick pay and time off is defined in individual contracts & collective bargaining agreements.
Some sick pay is provided by the Italian state and some by the employer, the amounts depend on the length of service & business sector
There is no minimum wage but there are often minimum salaries set for certain sectors in Collective Bargaining Agreements.
At the end of any employment contract, even for just cause, and resignations, the employer must pay the “Trattamento di Fine Rapporto" which is a severance pay of all-time received salary divided by 13.5. It is an extra cost to the employer of ~7% per month.
An employer can terminate an employee based on two reasons: 1) Objective reason such as redundancy due to economic reasons or 2) Subjective reason such as a breach of their contractural duties.
If an employee believes they have been unfairly dismissed then they can go to an employment tribunal where paid damages for a typical case are between 3 to 6 months of salary.
There is no statutory notice period in Italy, but an agreed upon notice period must be included in employment and Collective Bargaining Agreements.
Overtime can not exceed 250 hours per year. Overtime must be compensated with increased salary.