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Career Information and Resources for Italy by Going Global, Inc.

By Going Global, Inc.

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It CONSOB is the national commission for financial companies and stock exchanges. It is the public authority that enforces securities laws, and controls and guarantees the transparency of the market. it © 2001 Going Global, Inc. 30 Going Global, Inc. it AIAF was established in 1971 as a non-profit organization. It promotes the work of financial analysts and strives to improve work environments. The organization improves vocational training and the recognition of financial analysts' roles. It also conducts research on the financial market.

Collective labor agreements establish that employing entities must pay workmen and clerks a Christmas and a year-end bonus respectively. A year-end bonus is proportioned to ordinary remuneration and seniority. Housing For expatriates looking for housing, a real estate agent (agenzie immobiliari) may be very useful. Agents who specialize in housing for expatriates usually charge a fee between 10% and 20% of the first year's rent. While it can be expensive to purchase property in a large city, housing can be found in the country for a fairly reasonable price.

Presents Career Information and Resources for Italy FINANCIAL CONSIDERATIONS Salary Salaries in Italy are based upon the category the worker falls into and are established by the state. The salary rates are published in rate books called the tabelle professionali. Most first time employees earn minimum wage. Salaries are usually paid monthly. Employers must pay all social security benefits, as well as annual bonuses and other benefits. This represents 40-45% on top of the actual salary. In addition, Italians usually receive paid sick days, free health care, and job protection by labor laws.

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