In the country that has the largest number of sites included in the UNESCO world heritage list, we could soon find ourselves faced with another potential masterpiece (perhaps): the introduction of the minimum wage. A "great work" in every sense, considering the ups and downs, the tensions and the implementation challenges.
Yes, because the recent bill on the minimum wage has put the spotlight on an issue that divides and unites at the same time: some see it as a step forward towards economic justice (and collect signatures), others fear it could be a sour note in an already complex economy. Can an expert's opinion be useful to us?
The European context and Italy: an evolving exception
Europe has always had a history of integration and collaboration, but when it comes to the minimum wage, in the chorus of Friedrich von Schiller's Ode to Joy, Italy is one of those who stick. In fact, among the 27 countries of the European Union, only six (including Italy) have not yet adopted a minimum wage.
Alessandro Raguseo, CEO and Co-Founder of Reverse*, a leading company in the human resources sector, offers us a balanced overview of the situation. Which starts from a clear position, but with consequences that are not yet defined. "The introduction of the minimum wage in Italy is inevitable," he says, "but there are many nuances to consider." And he's right.
Minimum salary, pros and cons
The proposal of a minimum wage of 9 euros per hour might seem attractive, but Italy has a tradition of monthly rather than hourly wages. This discrepancy could lead to confusion and complications.
And then there is the question of national collective agreements. With over 900 different contracts, Italy is lost in a veritable labyrinth of rules and regulations. "Each contract has its own peculiarities, from holidays to permits, through to monthly payments", explains Raguseo. This diversity makes it difficult to establish a uniform minimum wage. And let's not forget the different forms of corporate welfare. How would you balance these benefits with a minimum wage?
An ending to be written
Introducing the minimum wage prematurely could lead to a range of challenges, from reducing labor market flexibility to increasing costs for businesses. But Raguseo points out that there are also opportunities. "We need to start discussing this issue, raise awareness among the population and reflect on how to make this proposal a reality," he says.
As in every great work not yet finished, the conclusion remains open. The introduction of the minimum wage in Italy is an issue that requires reflection, discussion and action. What do you think about it? Don't forget to let us know on all Futuro Prossimo social channels.
Founded in 2017 by Alessandro Raguseo e Daniele Bacchi, Reverse today it has 120 employees and offices in Italy, France, Germany and Spain. With a combination of scientific approach and human touch, the company has become a leader in Human Resources in a very short time achieving numerous recognitions, including certification Great Place to Work and the prize Great Place to Work for Women.