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Employment protection

Employment protection

The centrality of the Group's people, also attested by in the 2022-2025 Business Plan, entails the full protection of workers' rights, with regard to the development of labour relations and the protection of employment levels.

For Intesa Sanpaolo, which has always been committed to supporting the growth of the real economy in Italy, the protection of employment is a priority issue to guarantee economic solidity in the medium-long term and one of the key features  of the 2022-2025 Business Plan .

The programs adopted, also thanks to the numerous agreements signed with the trade unions, aim to avoid potential negative impacts on the professional and personal dignity of the Group's people. Over time, they have enabled effective protection of employment levels, both through professional re-skilling for high added value activities related to the priority initiatives of the Business Plan, and through a generational turnover and outplacement plan without social impacts, in response of 9,200 exits on an exclusively voluntary basis for retirement or for access to the sector solidarity fund by 31 March 2025.

UN SDG SUPPORTED


Hiring


2022-2025

4.600 new hires expected
including 500 in 2021

2021-2023

3,000 new hires of professionals
(1,650 in 2023)

Reassignments/Reskillings


2022-2025

8,000 people to be reassigned/reskilled to priority and strategic initiatives

2022-2023

3,850 people retrained for priority and strategic initiatives
1,873 people in 2023

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