Support for parenting

Intesa Sanpaolo's corporate welfare offers various services and types of permits that integrate what is already provided for at the regulatory level. For example, as support for parenting, we note: paid leave for attending childbirth preparation courses, for the placement of children in the nursery or kindergarten, to take them to the emergency room, and extra days of unpaid leave to care for underage children for separated or divorced parents, the exclusive guardians of children, as well as in the cases of widowhood and single-parent families.additional permissions / welfare initiatives to support parenting and caregiving.

To promote the participation of fathers in the care of their children, 6 optional days of paid leave on the occasion of the birth have been provided, additional to the provisions of the law, a company integration of 10%, in addition to the salary provided by INPS for parental leave for new fathers; and finally the 10-day extension of their parental leave beyond the legal limit.

2022 saw the continuation of the process for the extension of the second-level bargaining agreement measures with the signing of two trade union agreements that strengthen inclusion and equal opportunities, extending parenting protection provisions to same-sex civil unions, de facto relationships. A specific paid extraordinary leave was introduced on the occasion of the child’s birth and an optional extraordinary leave for childcare needs in relation to the children of the spouse, civil partner or cohabitant. Similarly to parental leave for fathers, these leaves can be used by the child’s twelfth birthday with a remuneration equal to 40% of the salary paid by the Group.

A further initiative was launched on the subject of paternity and, more generally, parenting, consisting of an awareness-raising process aimed at more than 50 fathers, who shared their experiences, needs and expectations related to being parents in the company. The path is now being extended to further groups of fathers within Intesa Sanpaolo.

With the renewal of the Second-Level Collective Bargaining Agreement, as of 2023 a new welfare contribution was introduced for each dependent child up to the age of twenty-four by way of a payment to the supplementary pension scheme position in the name of the same child, also providing for the possibility of using the amount by way of reimbursement through the “Conto Sociale” account. The same contribution will also be paid to families with foster children. In terms of parenting support, the possibility of requesting financial aid was also extended to family members with serious disabilities, as well as to foster children, including for the children of the spouse/civil partner or de facto cohabitant. Among the company welfare programmes, the so-called “Youth package” was recently introduced, which includes an increase in the employer’s contribution to the supplementary pension scheme for the first 5 years after hiring, a “primary residence bonus” and a “child birth bonus” payable within the first 10 years after hiring.

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