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ARTICLE · 01 MARCH 2024

What We Mean By 'Pay'?

Notwithstanding the ‘love' cited by Raymond Carver in his masterpiece, one of the main reasons why people work is the pay.

European UnionEmployment and HR

Notwithstanding the 'love' cited by Raymond Carver in his masterpiece, one of the main reasons why people work is the pay.

You might even say that people love pay. Even if the younger generations do not base their employment decisions merely on pay (as shown by the 'Great Resignation' phenomenon), the latest human resources survey reports that increased salary is the primary motivation that drives Italians to look for a new job, even eclipsing the opportunity for professional growth or a more advanced role in line with their education. In fact, 81% of Italian employees would change employer if they could earn more (against a global average of 75% and a European average of 70%). Therefore, given the passion that most of us have regarding compensation, it helpful to recall what the law and the current legislation defines as pay.

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