Key Facts: Italy vs Turks and Caicos Islands Wages
- Italy Minimum Wage
- No statutory minimum wage
- Turks and Caicos Islands Minimum Wage
- $8/hr
- Italy Avg. Gross Monthly Salary
- €2,600 /mo ($3,027.83 USD)
- Data Sources
- Ministry of Labour and Social Policies (Ministero del Lavoro e delle Politiche Sociali) (2026-02-24), TC Weekly News — Minimum Wage Increase (2026-05-04)
Italy
Turks and Caicos Islands
Updated 2026-05-04
Minimum Wage
$8 /hr
Italy has no statutory minimum wage, while Turks and Caicos Islands sets a floor of $8/hr.
Detailed Comparison
| Metric | Italy | Turks and Caicos Islands |
|---|---|---|
| Minimum wage /hr | None | $8 |
| Minimum wage /mo | None | $1,386.67 |
| Minimum wage /yr | None | $16,640 |
| Avg. gross salary /mo | €2,600 /mo $3,027.83 | N/A/mo |
| Avg. net salary /mo | €1,850 /mo $2,154.42 | N/A/mo |
| Median individual income /yr | €22,500 /yr $26,202.40 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Italy is higher.
Work Week
- 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.
- Turks and Caicos Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Employment Ordinance.
See this comparison from Turks and Caicos Islands's perspective: Turks and Caicos Islands vs Italy
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Frequently Asked Questions
Is the minimum wage higher in Italy or Turks and Caicos Islands?
In Italy, the minimum wage is no statutory minimum wage. In Turks and Caicos Islands, it is $8/hr.
How do work hours compare between Italy and Turks and Caicos Islands?
Both Italy and Turks and Caicos Islands 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.