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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 has no set amount for minimum wage, but an employee's salary must be reflective of the quantity and quality of the work that they present. The salary must provide the employee and family with a living wage. The wage must relate to the average wage of those in the same industry. [3] Italy also has a wage guarantee fund.
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.
Massachusetts' top court on Friday ruled that a would-be bride must return a $70,000 engagement ring from Tiffany & Co to her former fiancé in a decision that ended 65 years of courts in the New ...
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 ...
“The first mistake that people make is they’ll buy a huge home and spend money on luxurious things,” a wealth advisor warns. “Just because you can, it doesn't mean that you should.”
Related: 16 Games Like Wordle To Give You Your Word Game Fix More Than Once Every 24 Hours We'll have the answer below this friendly reminder of how to play the game .
The economy of Italy is a highly developed social market economy. [30] It is the third-largest national economy in the European Union , the second-largest manufacturing industry in Europe (7th-largest in the world), [ 31 ] the 8th-largest economy in the world by nominal GDP , and the 11th-largest by PPP-adjusted GDP .