Key Facts: Cayman Islands vs Italy Wages
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Italy Minimum Wage
- No statutory minimum wage
- Italy Avg. Gross Monthly Salary
- €2,600 /mo ($3,027.83 USD)
- Data Sources
- Cayman Islands Government — Department of Labour and Pensions (2026-05-04), Ministry of Labour and Social Policies (Ministero del Lavoro e delle Politiche Sociali) (2026-02-24)
Cayman Islands
Italy
Updated 2026-05-04
Minimum Wage
$8.75 /hr
$10.50 USD
Unlike Italy, which has no statutory minimum wage, the Cayman Islands mandates a wage floor of $11/hr.
Detailed Comparison
| Metric | Cayman Islands | Italy |
|---|---|---|
| Minimum wage /hr | $8.75 $10.50 | None |
| Minimum wage /mo | $1,516.67 $1,820.08 | None |
| Minimum wage /yr | $18,200 $21,840.87 | None |
| Avg. gross salary /mo | N/A/mo | €2,600 /mo $3,027.83 |
| Avg. net salary /mo | N/A/mo | €1,850 /mo $2,154.42 |
| Median individual income /yr | N/A/yr | €22,500 /yr $26,202.40 |
Percentage differences are based on USD equivalent values. Positive means Cayman Islands is higher.
Work Week
- Cayman Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Labour Act.
- Italy
-
40 hrs/wk standard
Max 48 hrs/wk
Standard workweek is 40 hours (Legislative Decree 66/2003). Maximum average weekly hours including overtime is 48 hours over a 4-month reference period, per EU Working Time Directive. Overtime compensation is regulated by collective agreements, typically 15-30% surcharge depending on hours and sector.
See this comparison from Italy's perspective: Italy vs Cayman Islands
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Frequently Asked Questions
Is the minimum wage higher in Cayman Islands or Italy?
In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Italy, it is no statutory minimum wage.
How do work hours compare between Cayman Islands and Italy?
Both Cayman Islands and Italy mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.