Minimum wage, what it is and how it works

Minimum wage, open debate in Italy with the measure that has become the workhorse of the M5S and its leader, Giuseppe Conte, who still talks about it today, defining it as “necessary and necessary” for the country. But what is it and how does it work? Read also The minimum wage is, as the name suggests, a minimum total wage protected by law, which would thus set a basic salary threshold with an amount below which employers could not pay the worker. At the moment, however, there is no uniform legislation on the matter within the European Union. However, 21 out of 27 states have passed laws on the subject, while the remaining 6 countries (Austria, Cyprus, Denmark, Finland, Italy and Sweden) entrust the identification of the basic pay to the various collective agreements of the different categories. Italy in particular, the minimum wage returned to the spotlight of the Senate Labor Commission on 10 May. After months of stand-by, the parliamentary process of the bill resumed, signed by the former Minister of Labor Nunzia Catalfo, the basic text at the center of the discussion for the recognition, in contracts, of a total remuneration of not less than 9 euros. ‘now gross of social security and social security contributions. This is a theme pushed forward not only by the pressing of the 5 Stars, but also by the political and economic debate on the need for more wages to allow workers to cope with an increase in the cost of living linked to inflation. in strong growth.