Those figures should be taken as general guidelines. Your email address will not be published. [+Average Salaries2023]. What Is the Salary of a Mechanical Engineer in Germany? You need at least a Starter Account to use this feature. How satisfied do you think employees are with their salary? Utilizziamo i cookie per migliorare i servizi di questo sito. In general, in Italy, men earn 12.4% more than women. Lets take a look specifically atpersonal income taxes. In the same year, the annual gross salary of female top managers amounted to approximately 97 . If you live permanently in Italy, and your residence is considered to be your fiscal domicile, you must pay taxes to the Italian government on your worldwide income. Lead developer Information Technology, 11. Italy has world-class universities and good schools. Then you can access your favorite statistics via the star in the header. Read this guide. I worked similar role in the wine industry in NZ and the States and the pay this Italian winery offered shocked me. The base salary in Italy ranges from 2,360 EUR to 4,960 EUR. statistic alerts) please log in with your personal account. Something you should also consider are living expenses in Italy for international students. 967. Is it enough to have 2,000 euros per month of salary in Europe? - Quora Salaries range from 1,540 EUR (lowest) to 5,330 EUR (highest). Accessed July 05, 2023. https://www.statista.com/statistics/708972/average-annual-nominal-wages-of-employees-italy-by-region/, JobPricing. Get quick analyses with our professional research service. Its no surprise that plenty of expats have made the leap, and moved to Italy for the long term in search of a great life. A minimum wage bill was put forward in parliament in 2019, looking to set a national minimum of around 9/hour, but this has yet to succeed. If you are American, read this article about living in Italy before you accept the job offer. A one-way ticket on a local bus line would cost around 1.50 EUR. A person working in Italy typically earns around 3,650 EUR. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Is 2000 euro a good salary? - Sage-Qa Italy is one of the cheapest countries to live in. For those who areself-employed workersthe rate of INPS varies between 25% and 29%. Only 11.5% of Italian companies are majority female-led. Unfortunately, your browser doesnt support those technologies. Minimum wage and average salaries in Italy, Salaries and wages for international workers in Italy. Regarding net incomes, OECD data shows that the average Italian household has $29,431 (27,399) disposable income per year after taxes and living expenses. However, studying at university level is usually more expensive if youre from outside the EU. Fabric Cutter Textile, Leather, Apparel Industry, 13. Salaries range from 2,690 EUR (lowest) to 7,910 EUR (highest). Listed above are the average annual increase rates for each industry in Italy for the year 2022. However, bear in mind that this can be an expensive process if you lose. Reddit, Inc. 2023. Explore how your salary compares to the average earnings in your country, then see where your wage sits globally. One bedroom apartment, city centre. It might also be enough to pay for childrens education in a small family, medical expenses, dining out, the occasional vacation, and savings for the future. Getting married in Italy is relatively straightforward. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year. 9. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. Available: https://www.statista.com/statistics/416213/average-annual-wages-italy-y-on-y-in-euros/, Average annual wage in Italy from 2000 to 2021, Immediate access to statistics, forecasts & reports, Gross salary of employees in Italy 2020, by company size, Purchasing power parity (PPP) in Italy 2008-2020, Share of low-wage workers in Italy 2020, by macro-region, Gross salary of employees with a university degree in Italy 2020, by level, Annual gross salary in Italy 2020, by grading and gender, Gender pay gap in Italy 2015-2020, by grading, Gross annual wage in Italy 2020, by sector, Average wage of recent master graduates in Italy 2020, by field, Average wage of recent bachelor graduates in Italy 2020, by field, Gross wages index in industry and services in Italy 2017-2021, Gross wages index in market services in Italy 2019-2021, Income reduction due to COVID-19 in Italy 2021, by type of employment, Change in income due to COVID-19 in Italy 2021, by educational level, Change in income due to COVID-19 in Italy 2021, by income level, Change in income due to COVID-19 in Italy 2021, by macro region, COVID-19 impact on households budget in Italy 2021, by type of employment, Degree of satisfaction with own salary in Italy 2021, Most important aspects considered by Italians when choosing a workplace 2021, Most important aspects considered by Italians to change workplace 2021, Job satisfaction in Italy 2020, by region, Opinions on transparency on wages in Italy 2021, by gender, Average annual wages in Austria 2000-2021, Average annual wages in Slovenia 2000-2021, Average annual wages in Germany 2000-2021, Average annual wages in Ireland 2000-2021, Average annual wages in Luxembourg 2000-2022, Average annual wages in Portugal 2000-2021, Average annual wages in Slovakia 2000-2021, Average annual wages in Estonia 2000-2021, Median earnings in the UK publishing industry from 2011 to 2018, Median earnings in the UK digital sector from 2011 to 2018, by employment status, Median earnings in the UK software publishing industry 2011-2018, Median earnings in the UK digital sector from 2011 to 2018, Average daily earnings of rural casual laborer in India 2018-22, by gender, Alberta average hourly earnings for employees 2001-2020, by industry, Average annual wage in Italy from 2000 to 2021 (in euros), Find your information in our database containing over 20,000 reports. Although the country does not set a legal minimum wage, collective agreements protect employees earnings in many industries. IT tester - automated tests Information Technology, 20. Salaries start out fairly low in entry-level positions and increase as workers gain more knowledge and experience. Average Monthly Salary 3,650 EUR ( 43,800 EUR yearly) LOW 920 EUR AVERAGE 3,650 EUR HIGH 16,300 EUR All salary figures displayed here are per month except when noted otherwise. Is 1500 euros enough in Germany? This doesnt cover all sectors, and not all of these agreements include salaries. But probably slightly better off than in Italy, . A person working as Buyer in Italy typically earns around 5,170 EUR per month. The most important key figures provide you with a compact summary of the topic of "Earnings and wages in Italy" and take you straight to the corresponding statistics. Italy: average annual gross salary by region 2020 | Statista Is 2000 euro a good salary in Germany?In Germany, the net monthly salary between 2,500 EUR and 3,000 EUR is good, and over 3,500 EUR is very good. Trends in wages decreased by -100.0 percent in Q1 2023. What Is A Good Salary In Italy? - the expatrist 11. Most people get 13 or even 14 salaries a year. But these areas also have a significantly higher cost of living than smaller cities. You'll wanna read this. The current minimum for most sectors is four weeks per year. Bradley Cooper told a bit of a lie to land his role on 'Sex and the At current prices, expect to pay around 2.14 EUR per liter all over the country. That depends on many factors and one of them is your location. Salaries in Italy vary between job sectors as well as within industries. Everyone knowsthatpaying taxesin Italy is notoriously complicated. . 12. This translates to an after-tax income of 1,949 EUR per month. If you have kids, like to eat out a lot or have a taste for the high fashion that the major Italian cities are known for, you would need 40,000 EUR to 50,000 EUR or more to live comfortably. Average and Minimum Salary in Rome, Italy - Check in Price 2000 after tax in Portugal will get you a lot further than 2000 wil in NL, Germany or even France, and most people live on that figure or less in those "economically well developed" countries. Registered Business and Corporate Secretarial, Derivatives and Complex Financial Calculations, in Italy is notoriously complicated. Of course, salaries arent the only factors to consider when determining the feasibility of moving to a particular country. This also includesSocial Securitypensions, which are generally subject to the U.S.withholding tax.Check our video abouthow to read double tax agreements. Please. The other method is themodello Redditi. Then you can access your favorite statistics via the star in the header. Italy: annual salary by grading and gender 2020 | Statista 2000 EUR net is considered a good salary in Belgium, but it can vary depending on the location and cost of living. Their expertise is usually different from that of the core business operations. The ultimate guide to average salaries in Italy (2022-2023) If you are only interested in viewing statistics and salaries in a specific career field, then choose one from below, or continue scrolling down for more interesting facts about salaries and income in Italy. However property prices in city center (1 to 11 districts) are above 13,000 EUR according to the notary monthly report of September 2020 and not 12,000 EUR as I can see now. Salaries range from 920 EUR (lowest average) to 16,300 EUR (highest average, actual maximum salary is higher). It is not intended to amount to advice on which you should rely. The official currency in Italy is the Euro - EUR or on currency exchanges. However, the gender pay gap in Italy is lower than the EU average of 13%. Country Manager/Director Top Management, 5. Currently, you are using a shared account. As in most countries, you can expect to earn much more in managerial positions than in entry-level roles. Households where the primary income earner has university qualifications earn nearly twice as much as those where the main earner has either school or no qualifications. Is a 2000 Euros net salary sufficient to live a comfortable - Quora Compare your salary with others to see more detailed information. 36). Learn about the average salaries, gender pay gap, and wages for internationals. Thistax returncan be filed by any taxpayer. A brand-new Volkswagen Golf 1.4 or similar model would probably set you back around 23,350 EUR. Calculate Your Take-Home Pay Salary Calculator Results In Italy, if your gross annual salary is 29,440 , or 2,453 per month, the total amount of taxes and contributions that will be deducted from your salary is 9,324 . and our Tax returnscan be filed in September and November and there are two methods of making your return. The public system also completely covers legal foreign residents., Primary care, screenings and inpatient care are in most cases free. These figures tend to change frequently. Earnings and wages in Italy - statistics & facts | Statista than is expected if we take into consideration the high cost of health insurance and the various additional forms of taxes that are paid on goods in the U.S. that are not paid in Italy. Average Wages in Italy increased to 2627 EUR/ Month (2865.433 USD/Month) in 2022. Please create an employee account to be able to mark statistics as favorites. Social security(INPS) is mandatory but contributions to it are deducted from your gross income before calculating taxes. Chart. Most important aspects considered by Italians when choosing a workplace 2021, Most important aspects considered by Italians when choosing a workplace in 2021, Most important aspects considered by Italians to change workplace 2021, Most important aspects considered by Italians to change workplace in Italy in 2021, Job satisfaction in Italy 2020, by region, Average job satisfaction level among Italian employees in 2020, by region, Opinions on transparency on wages in Italy 2021, by gender. For rent as 40\% of income you need 45000 euro net, which is 65000 gross salary needed to justify living alone. If you are interested in salaries for a specific position, participate in the survey. All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Lifeguard, Swimming Instructor Tourism, Gastronomy, Hotel Business, 14. Heres a look at the average annual salaries of professionals in specific fields: Average monthly salary for some of the most popular jobs in Italy: Italy is one of the few countries that doesnt have a regulated minimum wage. For more information, please see our One major difference between salaried employees and hourly paid employees is overtime eligibility. To view accurate figures, choose a specific job title. Salary reviews are typically conducted after completing the program and obtaining the degree.Many individuals pursue advanced education as a means of transitioning to higher-paying positions, and the statistics indicate that this is an effective strategy. A regular cappuccino would cost about 1.45 EUR in most coffee shops. Hourly jobs pay per worked hour. Lets get down to actual numbers and how much you need to live. So how much does it cost to live in Italy? Is 2500 euro a good salary in Amsterdam? A kilo of oranges will set you back around 1.82 EUR, and tomatoes, 2.35 EUR. 21 High Paying Jobs That Don't Require a College Degree! So yes, 2000 after tax is a pretty good salary for Portugal. Depending on your employment status, you might be able to get public coverage or will need to sign up for private insurance. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. For a young and single person, upwards of 35,000 EUR per year would be considered a good salary by most people in Italy. This is the total monthly salary including bonuses. Our extensive research shows that salaries are generally higher here than in some European countries and that you can live quite comfortably even on an average income. Corporate insurance sometimes covers the employees family as well., Travelling by car in the cities in Italy is often fairly slow, making public transportation a smart choice. Secondary with school-leaving examination, Have you updated your browser and still have a problem? Minimum wage and average salaries in Italy | Expatica Davos 2017 Global wage calculator. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy. Example:A graphic designer in the marketing department of a hospital. Calculating Italian Salaries: how to get to your real compensation If you would prefer to purchase an apartment outright, expect properties near the city center to cost about 4,110 EUR per square meter. Sample Salary Salary Comparison; Executive Management & Change: $77,000 Benchmark Your Job: Financial Services: $72,000 Benchmark Your Job . For expats, we recommend Cigna Global. Learn more about how Statista can support your business. Average salary should be 1500 and again, it's anyway low. Getting married in Italy: A complete guide, How to obtain Italian citizenship: What you need to know. Please create an employee account to be able to mark statistics as favorites. Those from low income households, along with pregnant women and some other categories, receive these things for free., Having private health insurance can mean you get access to services quicker than through the public system. Buyer salaries vary drastically based on experience, skills, gender, or location. 7,910. facts. Average salary and range in Italy by age in EUR. facts. JobPricing. Your email address will not be published. Wise is the trading name of TransferWise, which is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money. You can also calculate your net pay in Italy the amount you take home from your gross salary after tax and other deductions on a salary checker website such as iCalculator. Premium Statistic Average annual gross salary in Italy 2020, by region . Required fields are marked *. EUR per hour. Pros and cons of living in Italy? With fantastic cuisine, a mellow climate and reasonable costs of living, theres plenty to recommend wherever you end up. These numbers, unfortunately, will vary slightly from year to year. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Other high salary industries include Engineering (38,831 EUR), Oil/gas (38,198 EUR), Telecommunication (36,960 EUR), Insurance (36,560 EUR), and IT (35,857 EUR). is 2000 euros a good salary in Portugal? : r/eupersonalfinance - Reddit This corresponds to an annual gross salary of above 45,000 EUR. What is considered good salary in Europe? - EasyRelocated The average salary in Italy is about 28,500 EUR to 30,000 EUR per year, which works out to about 2,375 EUR to 2,500 EUR per month or 1,624 EUR to 1,707 EUR net. Because of this, its advisable to seek sound legal advice from an employment law specialist in Italy. Your guide to the cost of living in Italy - HousingAnywhere privately owned companies, wages in financial services were at 45,295 EUR on average as of 2021. 1997-2023 Profesia. Economy & Politics Economy Premium Premium statistics Industry-specific and extensively researched technical data (partially from exclusive partnerships). Italy has so much to offer, its hard to really get a sense of it all in just a vacation or two. As of 2020 the average salary in Italy is just over30,000with an average hourly rate of 14. The median represents the middle salary value. In addition, the employer may have to pay a fine, damages, and/or legal costs. Its important not to be scared away by all the numbers and to remember that when they are explained, like the monster under the bed, the fear goes away. Minimums set at 2015 agreement rates range from 7.70/hour (agriculture and mining) to 12.95/hour (finance and insurance). The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency. Regarding the INPS amount, employers also contribute an additional 28-30%. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. People in top positions can easily get double or triple bonus rates than employees down the pyramid. With one of the biggest European economies, Italy is a popular country for internationals seeking employment. These types of bonuses are given without a reason and usually resemble an appreciation token. Professionals in these fields can earn an average gross income of about 44,059 EUR per year. This puts us in the bracket between 28,001 and 55,000 with a 38% tax rate. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Average annual gross salary in Italy 2020, by region, Average annual wages in 26 countries in Europe 2021, Average annual wages for selected European countries in 2021 (in U.S. dollars), Average annual wage in Italy from 2000 to 2021 (in euros), Average annual gross salary in Italy in 2020, by region, Gross salary of employees in Italy 2020, by company size, Average annual gross salary of employees in Italy in 2019, by company size (in euros), Wage growth rate in Italy from August 2019 to June 2021, Purchasing power parity (PPP) in Italy 2008-2020, Purchasing power parity (PPP) in Italy from 2008 to 2020 (NCU per U.S. dollar), Poverty line for households in Italy 2021, Poverty line for households in Italy in 2021, by number of members (in euros), Share of low-wage workers in Italy 2020, by macro-region, Distribution of low-wage employees in Italy as of 2020, by macro-region, Gross salary of employees with a university degree in Italy 2020, by level, Average annual gross salary of employees with a university degree in Italy in 2020, by level (in euros), Annual gross salary in Italy 2020, by grading and gender, Annual gross salary in Italy in 2020, by grading and gender (in euros), Gender pay gap in Italy 2015-2020, by grading, Percentage of gender salary gap in Italy from 2015 to 2020, by grading, Gross annual wage in Italy 2020, by sector, Gross annual salaries in Italy in 2020, by sector (in euros), Average wage of recent master graduates in Italy 2020, by field, Average monthly net wage of recent master graduates (postgraduate) in Italy as of 2020, by occupational field (in euros), Average wage of recent bachelor graduates in Italy 2020, by field, Average monthly net wage of recent bachelor graduates (undergraduate) in Italy as of 2020, by occupational field (in euros), Number of employed individuals in Italy from the 3rd quarter of 2019 to the 4th quarter of 2020, by type of employment (in 1,000s), Gross wages index in industry and services in Italy 2017-2021, Gross wages index in industry and services in Italy from the 1st quarter of 2017 to the 1st quarter of 2021, Gross wages index in market services in Italy 2019-2021, Gross wages index in market services in Italy from the 2nd quarter 2019 to the 2nd quarter of 2021, Income reduction due to COVID-19 in Italy 2021, by type of employment, Income reduction due to COVID-19 in Italy in 2021, by type of employment, Change in income due to COVID-19 in Italy 2021, by educational level, Change in income due to COVID-19 in Italy in 2021, by educational level, Change in income due to COVID-19 in Italy 2021, by income level, Change in income due to COVID-19 in Italy in 2021, by income level, Change in income due to COVID-19 in Italy 2021, by macro region, Change in income due to COVID-19 in Italy in 2021, by macro region, COVID-19 impact on households budget in Italy 2021, by type of employment, COVID-19 impact on households budget in Italy in 2021, by type of employment, Degree of satisfaction with own salary in Italy 2021. Lastly, the larger the company, the higher the salaries: you can expect to earn from 26,000 EUR (in companies with less than 10 employees) and up to 36,800 EUR in companies with over 1,000 employees. Example:A graphics designer working for a graphics designing company. This makes Paylab.com faster and easier to use. Dont forget to account for gas! Italy has a health system which is often rated as one of the best in the world. Care is usually free at the point of need, and residents can either use the public system or turn to private facilities if they prefer. 15. Salaries can vary significantly within individual job positions. If you choose to commute by bus or train, its good to know that costs are low and the network is generally pretty strong.. Something went wrong. and over 1Mio. Economic/Financial Manager Top Management, 10. The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?We conducted a study in Italy comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job. This is higher than average salaries across the country. Heres a quick guide. Every sector has a national contract that establish the minimum wage. However, on average, employees work more hours on in industrial jobs than in the service sector. Nonetheless, have at least 100 EUR per month within your budget for health insurance. Average Salary in Italy: Gender, Region and Cities' Differences The maximum rate of average wage for employees was 2502 EUR/ Month and minimum was 1176 EUR/ Month. Cobbler Textile, Leather, Apparel Industry, 15. This is the average monthly salary including housing, transport, and other benefits. Show publisher information Living or earning income outside the U.S. does not absolve U.S. citizens of thenecessityof filing tax returns. Annual gross salary of insurance industry employees in Italy 2020, by gender, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022. Whether you pay U.S. orItaliantaxeson yourworldwide incomedepends on which country you make your fiscal residence. Cost of Living in Milan. Jul 2023. Prices in Milan - Numbeo A good compensation in Italy would range anywhere between 3,270 EUR and 4,960 EUR. Salaries in Italy - Paylab.com This equates to a gender pay gap of 6.2%. Apples cost about 1.87 EUR per kilo, while bananas cost 1.63 EUR. Due to varying update cycles, statistics can display more up-to-date . You can also open a Wise multi-currency account. This text provides general information. Assistant Teacher Education, Science & Research, 5. These attitudes are more prevalent in the south of the country. Average annual gross salary in Italy in 2020, by region [Graph]. Check our comprehensive guide on how to get an Italian citizenship and all the benefits it offers. Here are some useful tips to find a job, Find out how womens rights are protected in Italy, Discover which work visas you need for Italy, National Agency for Active Labor Policies (, Salaried employment for high-skilled employees, The Italian Confederation of Trade Unions (. Let's cut this salary pizza. Their field of expertise usually matches the type of business. According to the most recent figures by the Italian National Institute of Statistics (Istituto Nazionale di Statistica Istat), the average gross salary for employees in Italy was 41,081 in 2020. Profit from the additional features of your individual account.

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