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If you’re curious about the average salaries in Italy, various data sources can provide insights.
However, understanding these figures requires careful interpretation.
For instance, while the average annual salary of €30,284 for private sector employees is highlighted, it doesn’t offer a complete picture.
Are these figures net or gross of taxes? What is the education level of those earning this salary, and how do wages differ by sector, region, or employee’s age?
In response, Money.it has created a detailed guide addressing everything essential regarding the average salaries in Italy for 2024.
According to JobPricing’s “Salary Outlook 2023,” updated figures reflect the average salary trends in Italy, though data for 2024 remains speculative.
The report uses RAL (Retribuzione Annua Lorda) as an indicator, which refers to the gross annual salary before taxes and social security contributions.
The average gross annual salary in the private sector is €30,284, translating to approximately €24,000 net after the necessary deductions.
Here’s a breakdown by job category:
Monthly salaries vary based on collective contracts, typically providing either 13 or 14 monthly payments.
The average gross salary in the Public Administration sector is €34,153, based on contributions received during the year.
Salary variations are notable by sector; certain industries pay significantly above average to attract talent.
The finance, engineering, and pharmaceutical sectors typically see superior average salaries compared to other fields.
Regional disparities remain evident, with Northern regions often offering higher salaries than those in the South.
For example, Lombardy boasts an average salary of €33,452, while Sicily sees figures around €27,289.
In major cities, Milan leads with an average gross salary of €36,952, while Ragusa lags behind with €24,129.
Salaries increase with age.
For instance, individuals aged 55-64 earn about €34,057 gross annually compared to just €24,588 for those aged 15-24.
Italy’s average gross salary stands at €44,546, significantly higher than some EU counterparts.
Looking ahead, sectors related to technology and renewable energy are expected to drive salary growth, influenced by ongoing digital transformation and ecological transitions.
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