Glossary entry

Italian term or phrase:

cassa integrazione

English translation:

wages guarantee fund

Added to glossary by AeC2009
Mar 22, 2009 14:27
15 yrs ago
4 viewers *
Italian term

Casse integrazioni

Italian to English Bus/Financial Economics
It is taken from an article on the current economic crisis.
Change log

Mar 30, 2009 13:10: AeC2009 Created KOG entry

Discussion

Kate Chaffer Mar 22, 2009:
Search for 'cassa integrazione' in the glossaries. It's been asked 7 times!

Proposed translations

+3
20 mins
Selected

Wages guarantee funds

Peer comment(s):

agree Barbara Toffolon (X) : Agree. If I'm not mistaken this is a guarantee fund that is typical of Italy. In other countries there are unemployment benefits though its not quite the same.
40 mins
Thanks BT..., :-))
agree virginia1 : Exactly! Unemployment benefits are 'sussidi di disoccupazione'.
5 hrs
Thanks..., :-))
agree Peter Cox
12 hrs
Thanks..., :-))
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4 KudoZ points awarded for this answer.
2 hrs

c. integrazione salari: dole and welfare benefits; unemployment benefits; earnings equalization fund

Unfortunately some time ago this affected me directly therefore I have some experience
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+1
5 hrs

Temporary redundancy fund

These funds are funded by industry with a contribution from the government. Companies pay into the fund on a regular basis (percentage of salary/wage). The funds are used for "temporary" redundancies (as currently, where auto assembly plants are being closed for periods of weeks...the fund pays a % of salary/wage to workers who are "sent home" during that period)
Peer comment(s):

agree Kevin Pendergast : Even if "Wages Guarantee Funds" is a decent translation used by Eurofound, this is more precise (wih a very helpful explanation, I might add)
12 hrs
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6 hrs

temporary severance pay/ lay-off payment

or short-time pay. IATE have a number of possible translations including 'earnings supplement fund' - which would work if your context refers to top-up payments for those working reduced hours.

It depends whether the people concerned have been laid off completely or are working reduced hours.

See also: http://iate.europa.eu/iatediff/SearchByQuery.do
Example sentence:

THREE-QUARTERS of staff [...] have been laid off. Staff will not be paid, other than an initial lay-off payment.

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