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08.092016

Towards 3-4 thousand euros performance bonuses

The government is currently considering the possibility to expand, in 2017, the performance bonus from the current 2,000 euros (2,500 in the case of equal involvement of the company’s employees in the work) to 3-4 thousand euros, applicable also to middle management and a portion of non-senior management, with widening of the income bracket to benefit from reduced taxation from 50 thousand euros, currently in force, to 70-80 thousand euros gross, per year. This implementation would be accompanied by a review of the matters part of the corporate welfare agreement, which now benefit from full tax exemption, to essentially reduce application to health, social security and education.

(Il Sole 24 Ore, 3 September 2016)