A joint declaration signed on 21 October by the management and EWC of Italy’s second largest bank, UniCredit, sets out the guidelines, principles and future minimum quality standards for remote work, with the aim of offering this possibility to all employees within the group (on a voluntary basis) and in all countries where it operates. The text defines new ‘ordinary’ working arrangements that are based on alternating remote work with face-to-face work (40% of working time for employees in the Headquarters and central office structures, and 20% for employees across the Group’s Network). The joint declaration takes into account the extraordinary experience gained during the pandemic, as well as positioning remote work within the framework of initiatives promoting a high quality of work life and a better work-life balance.
Experience gained from Covid-19. UniCredit CEO Jean Pierre Mustier commenting on the pandemic stated, “Covid-19 has significantly changed our clients’ mindset and behaviours, encouraging us to accelerate our digital and remote banking transformation.” In the preamble to the joint declaration document the extraordinary experience of the Covid-19 pandemic has contributed to the growth of the management culture, which the document intends to reinforce and concretely integrate into what will be the new ‘ordinary’ basis for working.
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