South Africa
Since the end of apartheid in the early 1990s, South Africa has attracted many foreign investments with social and political reforms conducive to business from different industries.
South Africa
Italy
ITALY
Employer of Record
EMPLOYER OF RECORD
Employ is a trusted provider of Employer of Record (EOR) solutions for businesses looking to expand in the Asia Pacific, Africa, Europe, and America, covering end-to-end employment services for the remote workforce. We specialize in Outsourced Payroll Services, Remote Staffing, and Visa Services. In addition, we bring a centralized approach to HR management, Payroll & Benefits, and Legal Compliance wherever your staff may be.
60.3 MILLION
total population in 2021
2380 BILLION USD
expected GDP in 2023
The country has a heritage of economic success and rich cultural traditions. Its GDP is projected to trend around 2000 USD Billion in 2022, and it belongs to the top 10 economies of the world. Moreover, major cities like Milan, Lombardia, Veneto, Campania, and Tuscany are highly urbanized and populated. As a result, Italy boasts top-quality consumer goods and services associated with sophistication, grandeur, and fashion.
PUBLIC HOLIDAYS: 12
- New Year’s Day – January 1
- Epiphany – varies
- Easter Sunday – varies
- Easter Monday – varies
- Liberation Day – April 25
- Labor Day – May 1
- Republic Day – June 2
- Assumption of Mary – August 15
- All Saint’s Day – November 1
- Immaculate Conception – December 8
- Christmas – December 25
- St. Stephen’s Day – December 26
SOCIAL SECURITY AND TAXATION
Employer Contributions:
Social Security: 29.00% – 32.00%
Injuries at Work Insurance (INAIL): 0.40%
Income Tax: 23% – 43%
MINIMUM WAGE
Italy does not have a minimum wage. It depends on the collective agreement between employers and employees.
WORK HOURS
40 hours per week
OVERTIME RATE
No statutory requirements (based on collective agreements)
PROBATIONARY PERIOD
6 months
ANNUAL LEAVE CREDITS
8 days per year
MATERNITY LEAVE
5 months (paid)
PATERNITY LEAVE
10 days paid within 5 months of the child’s birth.
SICK LEAVE
3 days (paid) (exceeding days are paid by the employer and the government by percentage)
BONUSES
Required 13th-month pay (“tredicesima”) paid on December
*Info is not binding, may vary, and is provided only as an indication.
Your Global Team Starts Here With Us
Ask our team to design a solution that works directly with your current setup.
Other Countries to Explore
Your Global Team Starts Here With Us
Ask our team to design a solution that works directly with your current setup.