Flop of severance pay in payroll. Asks for less than 0.1% of employees – America Today

31/05/2015

Rome . The operation severance pay in payroll to flesh wages and increasing consumption is likely to result in a flop in the first month of starting the extent provided by the law of stability in 2015, according to the calculations of the Foundation studies of career counselors on employees of large companies, less than 0.1% of people have applied for the employment benefit advance.

Of the approximately one million payroll processed in May, say the consultants, only 567 people have asked the Qu.ir (share of the supplementary remuneration, the name of the share accruing severance pay in advance), a percentage of just the 0.0567 mainly from the lack of convenience for tax purposes. Monetization of severance pay, in fact, is taxed at the ordinary way and thus remains less favorable than expected at the end of a separate career for the old settlement.

The request Qu.ir can only be useful for those people who have tax deductions that exceed the gross tax and thus can not use them (would be fished out with the tax increase Qu.ir ) or for those who do not take the bonus of 80 euro because they are in no tax area (with Qu.ir would come out but the tax would be canceled).

For other people the measure is neutral to a salary of around 15,000 euro but becomes disadvantageous just pay rises. Access to the measure is very large with only requirement for a seniority of at least 6 months (for all employees excluding the public, the agricultural and domestic ones) but ” the egg today ” instead of ” hen tomorrow ” did not convince the people have grown accustomed for years to ” treasure ” on retirement typically used for property purchases (you can also ask for their advance up to 70% of the amount).

In addition, the measure did not convince those who had already designed the severance pay to pension funds. Only 10% of the already scarce audience who signed for Qu.ir did it by moving the share accruing to severance pay funds. Or maybe he did not like the irrevocability of the choice, once made, until June 2018.

Overall The severance pay for employees is worth about 20 billion a year for the workers concerned to measure.

In the technical report of the stability law the government had speculated that when fully implemented, the rule would affect about 40-50% of the workers targeted operation. “The career counselors after the approval of the” severance pay in payroll “- said the president of the National Council of Advisors, Marina Calderone – they quoted a poor adhesion. Today we have confirmation is not surprising given . This failure is yet another demonstration that politics has often perception of the needs of the labor market but not in close contact with those who speak every day with workers and businesses.

The goodness of the measure is appreciable, but not its technical structure as the taxation applied to this measure has determined his failure to date ”.