Over the Christmas period Intesa Sanpaolo, Italy's largest bank, penned with trade unions a deal to renew the first part of the company agreement, covering work-life balance, inclusion, parenthood and welfare. Significant innovations are planned, particularly for parents of children under the age of three and employees under the age of 35.
Intesa Sanpaolo and the FABI, First-Cisl, Fisac-Cgil, Uilca and Unisin trade unions signed four agreements on 24 December, including an agreement on work-life balance and an agreement on parenthood. They cover the Italian lender’s 70,000-strong workforce and are valid until the end of 2029.
Significant reduction in working hours for young parents
Under the agreement, parents of children under the age of three will be able to benefit from reduced working hours on a trial basis for 24 months in 202
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