Unlike the majority of European countries, Italy does not have a set minimum wage. While some sectors do have strong collective bargaining, the lack of a minimum wage leaves some workers in large parts of the economy exposed to potential abuse, especially considering the impact that Italy’s high unemployment rate has on wage growth.
The establishment of a contractual minimum would benefit those workers, as well as those currently not covered by collective bargaining. At the same time, raising wages could lead to higher labour costs for companies, likely to be passed on to the final consumer. It could further result in the exclusion of low-skilled workers from the legal labour market, potentially leading to companies struggling to hire manpower, among other effects.
This is all on the balance as a new legislative proposal on a minimum wage was introduced in parliament. Set for further deliberations today, 17 October 2023, this proposal has stimulated divergent views among both opposition and coalition parties over the potential implications for businesses and employees.
Bill C. 1275 on the provisions for the Establishment of the Minimum Wage, was introduced in the lower house of parliament on 4 July 2023. Since its introduction, Italy’s political attention has been focused on the proposal, which would institute a minimum gross wage of 9 euros per hour in the country. This threshold value would have to be revised annually by a...
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