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Cyprus: The 13th-month salary is not written in the law, but it is a common practise, and employers cannot change their habits of offering it. It is received before Christmas. Slovakia: 27% of all employees receive a Christmas bonus, and 17% receive a 13th-month salary. Telecommunication, banking, and finance employees may be paid more than the ...
Italy does not have a national unified labor code.Labor legislation is wide-ranging, with laws, regulations and statutes that bear on labor relations. The Constitution of Italy (articles 35–47) contains declarations of principle relating to fair payment, maximum working hours, vacation, protection of women and minors, social insurance, illness, disability, industrial diseases and accidents ...
An interesting feature worthy to be discussed is that the Italian system takes in consideration also the economic situation of the employers, and aims as well at relieving them from the costs of crisis. In general, the unemployment insurance system in Italy can be seen as weak; even if differentiated, it does not cover all the needy subjects.
These are the three rules to remember if you’ve come into some bonus cash, a wealth advisor reveals, and it’s the same principle for billionaires as it is for everyone else Orianna Rosa Royle ...
(Bloomberg) -- Far-right leader Giorgia Meloni, who is riding high in opinion polls ahead of Italy’s September election, plans to stick to European Union budget rules if she leads the next ...
PARIS (Reuters) -Stellantis said on Tuesday it would provide financial support worth up to 1,400 euros ($1,350) to most of its employees in France to help them cope with surging inflation and ...
Bonus days off are given to people who take a part of their annual leave outside summer (3 days grant 1 bonus day off, 6 days grant 2 bonus days off). Combining all these rules, in a few public offices and in a few companies like Orange, the resulting total, for certain employees, might be of 9.5 paid vacation weeks (5 weeks of vacation + 4 ...
[45] plus an obligatory Christmas bonus equal to one month's pay, prorated for the amount of time the worker has worked in their present position. Plus a second Christmas Bonus if the government decries the economy grew enough, plus an extra month paid in May if the company made a profit for the previous year. [46] [47] 4,703: 9,448. 48 1.88: 3 ...