Italy: luxury group Valentino signs its first company agreement

Celebrated by the sector’s trade unions that view it as an important step in the development of industrial relations in the fashion industry, the first company agreement signed at Valentino (controlled by the Qatari group Mayhoola) concerns around 2,000 employees. Included in it are a 14th month benefit and measures aimed to improve work-life balance. 100% pay for the first month of maternity or parental leave Benefit of a 14th month for all employees Possibility of 10 days of teleworking per month
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Signed on 28 July, the agreement signed by Valentino, four group subsidiaries, and the Filctem-Cgil, Femca-Cisl and Uiltec trade unions will, following approval by the relevant workers assemblies, come into effect in January 2023 and run until 31 December 2025. The agreement establishes the principle that all Italian employees of the group have the same rights, regardless of location and employment contract. The agreement represents a step forward in the luxury sector, which has been significan

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