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Italy state railway adds 300-euro bonus to help staff with cost of living

Economic Indicators Nov 25, 2022 20:55
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© Reuters. FILE PHOTO: An Italian railway group Ferrovie dello Stato (FS) logo is seen at the Bologna Central Station, in Bologna, Italy February 2, 2018. REUTERS/Alessandro Bianchi

MILAN (Reuters) - Italy's state railways company Ferrovie dello Stato said on Friday it will grant its staff a 300 euro additional bonus this year under a scheme approved by the government to help soften the impact of the rising cost of living.

Ferrovie said under an agreement with unions it will give its staff the additional credit to pay expenses such as energy bills, public transport and gasoline. Ferrovie employs some 82,000 workers in Italy.

Earlier this month the government approved legislation to forego taxation on so-called fringe benefits paid to employees this year for up to 3,000 euros per worker as part of a 9 billion euro aid package to help firms and households with decades-high inflation rates and increased energy prices.

Italy state railway adds 300-euro bonus to help staff with cost of living
 

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