Right now, Italian lawmakers are debating the feasibility of modifying Article 18 to make it such that an employee can be fired if they are paid a severance package of 15 months' salary. This would make it LESS onerous than it currently is - at the moment, any company with >= 15 employees pretty much can't fire anyone. At all. Even if keeping them on staff is causing the company to actually lose money.
How messed up is that? Why would anyone set up a business in Italy at all, with this kind of idiot law in place? I'm not even a big conservative, and even I think that this is just plain stupid.
I've spent a considerable amount of time in Italy. Most of the enterprises hire workers from consulting firms based outside of the country. Contract work is rampant. This is the only way they can keep labor as a variable cost. Unemployment remains high, and the cycle continues.
Fixed.
i hate olive garden!
Adding to this is that demographic bomb affecting all of Europe--the population isn't growing fast enough to support entitlements like this anymore. Something's going to have to give eventually. That whole country desperately needs more flexibility--everywhere.
italian bishes got swag
Hic incidunt nulla tenetur et veritatis dolores suscipit at. Reiciendis quia necessitatibus voluptate eaque. Quia quas sint et quae.
Dolores libero consectetur quisquam pariatur ex ea. Quasi quae aliquid nobis laborum dicta. Et ad vel repudiandae pariatur quidem inventore nesciunt. Blanditiis qui est fugiat voluptatem vitae laudantium. Rerum velit sit voluptatem cum distinctio earum.
Et fuga quo dolorem quisquam fuga. Non magni molestiae esse ut autem maxime. Neque minima fugit nobis qui. In iure optio dolorem consectetur quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...