Named TRIS (Tutele, Riqualificazione, Innovazione, Sostegno – Protection, Retraining, Innovation, Assistance), this solidarity fund was established during the week of February 12 by the Farmindustria and Federchimica employers’ bodies along with the Filctem-Cgil, Femca-Cisl, and Uiltec-Uil unions. The fund aims to prioritize youth entry to the world of work while also sensibly managing the issue of ageing workers via financing early-retirement, training and career change opportunities. This fund is the first of its kind in Italy.
Chemicals and pharmaceuticals are key business activities in Italy. The sector is undergoing a period of transformation in terms of ‘both significant product and production process innovation’, the social partners explained in the text of the agreement. In order to meet the challenges of scientific and technological change, and in a bid to ‘render business more competitive as well as to boost employment in Italy, it is thus fundamental to “undertake innovation and social responsibility initiatives, not is response to crisis related situations but in order to give companies and workers the tools to put necessary changes into place,” as part of overall occupational skills and competences ‘recognition and development.’
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