Severance pay in payroll, flop is: asked by less than 0.1% – The Messenger

The transaction severance pay in payroll at the time so far is a real flop with less than 0.1% of the workers who made the request for the advance: the calculation comes from the Foundation labor consultants.

Of the approximately one million pay only examined 567 employees have asked the company to advance. The rule came into force in April.

Employees as of April 3, have had the opportunity to apply for payment of their severance pay ‘maturing’ payroll until June 2018. The liquidation payroll is allowed to from the month following the submission of the application: ie requests from April to May. The tax on the advance is to ordinary taxation and so it is convenient only for the lower end of income.

Overall, the severance pay of 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. Just this week – explain the consultants – “departed the processing of salaries of May 2015 by the Labour Consultants of 7 million employees and over 1 million companies.

In this first phase were We analyzed the data of large companies (which on average employ more than 500 employees) and in the coming days the analysis will move on micro enterprises. After this first stage of preparation of almost a million salaries result in the liquidation of the severance pay paycheck only about 567 workers, ie around 0.05%. ” Based on the processing of consultants employed applicants are 75% residing in the Centre-North and 25% in the South.

43% work in the service sector and around 27% in industry. 25% have incomes up to € 20,000, 50% up to 30,000 euro while only 6.25% have asked having incomes above € 40,000 per year. Only 10% of those who requested the advance has taken the severance pay to a pension fund. From an interview with a representative sample of those who have decided not to apply for an advance that the decision was dictated primarily by the tax penalty (60% responded that he decided not to ask why the ordinary taxation is too punitive) . 16% considered wrong to take the severance pay from the pension fund while 20% have not yet adequately assessed.

“The career counselors after the approval of the operation ‘severance pay in payroll – says President of the National Council, Marina Calderone – they quoted a poor adhesion. Today we have confirmed is the data is not surprising. 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 commendable, but not its technical structure as the taxation applied to this measure has determined his failure to date. “

The employment consultants – reminds Calderone -” manage about 8 millions of working relationships and are as always available to the Government to study in advance and during construction any measures going to impact on the world of work. ”