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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 ...
Bonus payments in the UK in 2013. A bonus payment is usually made to employees in addition to their base salary as part of their wages or salary.While the base salary usually is a fixed amount per month, bonus payments more often than not vary depending on known criteria, such as the annual turnover, or the net number of additional customers acquired, or the current value of the stock of a ...
New residents of Italy are subject to a more favourable tax treatment on income taxes, providing they were not a tax resident of Italy in the past 24 months. [4] Any taxpayer is entitled to a 70 percent exemption on the employment or self-employment income received for the first five years of tax residency to Italy; the exemption is increased ...
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.
The United States maintains a unique credit scoring framework. Other countries use different scoring systems, so you need to start fresh if you move internationally. The financial habits that help ...
Employees may (and do) work more than 35 hours a week, yet in this case firms must pay them overtime bonuses. If the bonus is determined through collective negotiations, it cannot be lower than 10%. If no agreement on working time is signed, the legal bonus must be of 25% for the first 8 hours, then goes up to 50% for the rest.
Italy's privacy watchdog said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the generative artificial ...
An eagerly awaited jobs report released on December 6 showed hiring rebounding sharply, strengthening the case for a federal rate cut this month. Employers added 227,000 jobs to payrolls in ...