Italian salaries up 1.3% in 2013, OECD says

Tax wedge on single-income households with 2 kids down 0.5%

(ANSA) - Rome, April 11 - The average annual Italian salary increased 1.3% in 2013 on the previous year, from 29,315 to 29,704 euros, a report from the Paris-based Organization for Economic Cooperation and Development said on Friday.

The OECD's 'Taxing Wages' report on income tax paid by workers and social security contributions, found that wage growth lagged behind inflation at 1.4% in the same period. The organization also said the tax wedge - which is the difference between what a firm pays each worker and the worker's take-home salary - on single-income households with two children had dropped 0.5% to 38.2% in Italy.

Italy thus dropped one position to rank fifth in the 30-nation group from the previous year, behind Greece (44.5%), France (41.6%), Belgium (41.0%) and Austria (41%). However Italy continued to rank sixth in 2013 for the tax wedge on single, child-less households, estimated at 47.8%, after Belgium (55.8%), Germany (49.3%), Austria (49.1%), Hungary (49%) and France (48.9%). Both estimates were over the OECD average of 35.9% for singles without children and 26.4% for single-income families with two children.