The bank becomes the first major company in Italy to adopt this new work organization model.
The Italian bank Intesa Sanpaolo announced on Friday that it wanted to offer its employees the four-day week with an unchanged salary, thus becoming the first major company in Italy to adopt this new model of work organization.
This device, reserved for employees in Italy, “responds to the need to reconcile the balance” between professional and private life and aims to “make the bank even more dynamic”, comments Intesa Sanpaolo in a press release.
From January, bank employees who so wish will be able to work nine hours a day instead of seven and a half hours in exchange for an additional day off during the week.
By adopting this device, the working time is thus reduced to 36 hours per week, once morest 37 and a half hours so far.
At the same time, the first Italian bank is giving its employees the possibility of teleworking up to 120 days a year, another device which will enable the company to reduce its energy costs in particular.
After five months of negotiations, however, the bank failed to convince the unions in the sector of the merits of its new work organization.
The unions, which refused to sign an agreement with management on the subject, criticized in particular the lack of compensation for energy costs and internet connection costs.
Intesa Sanpaolo is Italy’s largest private employer, with 74,000 employees. In total, the bank has 96,000 employees worldwide.