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Young Italian workers are among worst paid in Europe
Italy: no country for entry-level workers. Photo: Kailash Gyawali/Flickr

Young Italian workers are among worst paid in Europe

The Local · 17 Feb 2016, 12:13

Published: 17 Feb 2016 12:13 GMT+01:00

At least that's according to a report by the UK-based business adviser, Willis Towers Watson.

The 2016 Global 50 Remuneration Planning Report ranked the average salaries paid for full-time, entry-level jobs - those usually aimed at recent graduates or people who have recently finished specific training courses.

Among the 15 western European nations ranked, Italy came last – paying an average gross salary of €27,400 a year.

The figure marks a stark contrast with Switzerland, which ranked in first place, paying an average pre-tax salary of a whopping €83,600.

Italy's closest counterparts were Spain, where entry-level workers can expect to take home €30,700, and France, where average earnings were slightly better at €33,400.

After the Swiss, the Danes were the next most handsomely paid – taking home an average of €51,400 a year. Germany and Norway came fourth and fifth, respectively, with average salaries of €45,800 and €45,800 a year.

Italy's inability to pay its young workers competitive wages is one of the key factors driving the 'brain-drain'.

Story continues below…

Every year thousands of skilled Italians leave the country, enticed by the higher wages and better opportunities on offer abroad.

But it's not all doom and gloom. Those who stay – and manage to find a job - see their earnings increase considerably as their career progresses, according to the report.

In terms of net salaries paid to workers in middle-management positions, Italy was ranked a more respectable 11th place out of the 15 countries – with average gross salaries of €70,900 per year.

That's higher than wages paid for similar roles in northern European powerhouses Sweden (€68,300) and Finland (€64,100).
 

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