13th and 14th salary payments are a form of additional compensation, accrued throughout the year, then traditionally paid out in two instalments throughout the year, one in June which is the 14th payment and one in December which is the 13th payment.
Calculation Examples
A. Internal Employees :
Gross 13th/14th Salary = (Annual Salary / 14 )/12 * Number Of Months Worked
Example of 13th and 14th salary calculation
An employee who worked for 4 months from July 2021 to October 2021 in Italy and earns 115,999 EUR annually:
Calculate monthly salary: 115,999 EUR / 14 = 8,285.64 EUR.
Calculate monthly instalment: 8,285.64 EUR / 12 = 690.47 EUR.
Now, calculate 14th salary: 690.47 EUR x 4 = 2,761.88 EUR
External Employees :
External talents are paid hourly as per our CBA. This CBA states that the average working hours per month is 173.33 rounded to 173 ( Monthly hourly divisor)
Art. 30 - par. A - Thirteenth instalments and any other additional monthly payments. For each of the paid hours (in a year - for 13th salary the year goes from January to December, for 14th salary it goes from July to the following June), an amount will be paid in thirteenth installments equal to 8.33% of the ordinary hourly salary due, as determined in the previous paragraph 2 and calculated as follows: De facto global gross salary ( Basic gross salary ) / Monthly Hourly Divisor * 0.0833
Gross Salary / Month = 3000 EUR
Hourly Rate = 3000/173 = 17.31 EUR/HOUR
13th pay rate = Hourly Rate x 8.33% ( 17.341 x 8.33% ) = 1.442
So, if someone has worked or has totaled 2080 hours in a year, for example (40h/week, for ALL weeks in a year, meaning there was no unpaid absence OR any absence that won't count for the calculation of 13th/14th month and other components like TFR, PTO etc like e.g. the 30% pay parental leave = congedo parentale), they would get the following gross figure for their 13th salary:
1.4445 * 2080 = 2999 EUR gross
Notes:
Paid out twice per year, in June and December.
Payments are subject to normal lawful deductions.