Although they’re still “limited” compared with other service industries, temporary contracts are now the main way to access banking employment. This is what comes out of the first Italian survey on precarious workers in the banking industry, recently published by the Fabi*’s “Pietro Desiderato” research center. Carried out among 248,000 employees in banks affiliated with the Abi employers’ organization (Association of Italian Banks) and 33,000 employees in co-operative banks, the results speak for themselves: only 29% of the people surveyed signed a permanent contract in 2009. The others signed fixed-term (31%), apprenticeship (13%), interim (11%), integration (9%), internship (6%) and ‘project’ contracts (1%).
Banks) and 33,000 employees in co-operative banks, the results speak for themselves: only 29% of the people surveyed signed a permanent contract in 2009. The others signed fixed-term (31%), apprenticeship (13%), interim (11%), integration (9%), internship (6%) and ‘project’ contracts (1%).
Labor costs cut by half. According to the researchers, between 2005 and 2008, permanent recruitments dropped by 12.7%, going from 41.5% in 2005 down to 28.8% in 2008. In the meantime, temporary recruitments
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