Diversity and inclusion

We want to value diversity and focus on inclusion to foster a correct and fair work environment.

The behaviour of all Group staff must be utterly correct and fair. We undertake to ensure that the management and heads of the individual organisational units behave fairly toward their collaborators, guaranteeing professional growth and fostering a working climate inspired by principles of transparency and loyalty.

It is possible to report any conduct contrary to these principles, with the guarantee that the personal data of the complainant and the alleged offender will remain confidential, through the Whistleblowing mechanism, which is available to employees as well as collaborators and independent contractors working with the Group.

“The Banca Ifis Group guarantees that all employees (and collaborators, including external) are treated with no direct or indirect distinction or preference, based on age, gender, sexual orientation, marital status, religion, language, ethnic or national origins, physical or mental disabilities, state of pregnancy, maternity or paternity, including through adoption, personal beliefs, political opinions, affiliation or trade union activities.”

Code of Ethics

Key figures

41
years old

is the average age of employees

54
%

of employees are women

50
%

of top managers are women

25
%

women in executive positions

30
%

women in top-level management position

41
%

members of the Board of Directors are women

We promote the culture of diversity

We took part in the nationwide program “4 Weeks 4 Inclusion“,

created together with another 26 major companies of the Italian production ecosystem, which for the first time have come together in a common bid to increase employees’ awareness of matters of inclusion and the promotion of diversity.

The calendar of appointments – relative to the topics of disability, the intergenerational comparison, the optimisation of the female contributions, sexual orientation and gender identity and religion – has been addressed to all employees of the partner companies. The training initiatives planned include Banca Ifis having organised a webinar on the neurobiology of diversity: a training intervention that aimed to clarify how to understand the new neuro-biological knowledge and transform it into competences in support of diversity.

Gender diversity

The presence of women in our Group not only stands at 54% (compared to a sector average of 48%), but is distinguished by the qualitative presence of women among the top management: one in two, equal to 50% of the executives reporting to the Chief Executive Officer, compared to the rest of the banking sector where only 20% of women reach top positions.

In Banca Ifis, women now account for 25% of executives, 30% of first level managers, 44% of middle managers and 61% of office workers. In the executive category, the growth of female figures in the last two years, as an absolute value, was +28%.

In 2020, considering the ratio of the basic salary and remuneration of women to men, there is substantial equality within the Clerical Staff and Senior Managers and a limited difference for Middle Managers.

Breakdown of personnel

2020

2019

2018

By gender

Men

No.
%

794
(46%)

807
(46%)

746
(46%)

Women

No.
%

933
(54%)

946
(54%)

892
(54%)

By age group

Less than 30 years old

No.
%

91
(5%)

211
(12%)

193
(12%)

Less than 30 years old

No.
%

1,307
(76%)

1,253
(71%)

1.180
(72%)

More than 50 years old

No.
%

329
19%

289
16%

265
16%

Total

No.

1,727*

1,753

1,638

*Consistently with that reported in the methodological note, the total employees exclude the 31 employees of Farbanca.

Total number of employees by category and gender

2020

2019

2018

Men

No.
%

60
(77%)

57
(77%)

47
(77%)

Women

No.
%

18
(23%)

17
(23%)

14
(23%)

Total Senior Managers

No.

78

74

61

Men

No.
%

285
(56%)

287
(56%)

282
(58%)

Women

No.
%

222
(44%)

224
(44%)

204
(42%)

Total Middle Managers

No.

507

511

486

Men

No.
%

449
(39%)

463
(40%)

417
(38%)

Women

No.
%

693
(61%)

705
(60%)

674
(62%)

Total clerical workers

No.

1,142

1,168

1,091

Total

No.

1,727

1,753

1,638

Individuals from minority or vulnerable groups

2020

2019

2018

Total

84

84

72

Total employees hired

2020

2019

2018

By gender

Men

No.
%

60
(8%)

139
(17%)

145
(19%)

Women

No.
%

54
(6%)

148
(16%)

173
(19%)

By age group

Less than 30 years old

No.
%

27
(30%)

92
(44%)

124
(64%)

Between 30 and 50 years old

No.
%

78
(6%)

172
(14%)

153
(13%)

More than 50 years old

No
%

9
(3%)

23
8%

42
(16%)

Total

No
%

114
(7%)

287
(16%)

318
19%

Total employees

2020

2019

2018

Men

No.
%

770
(46%)

769
(46%)

708
(46%)

Women

No.
%

901
(54%)

913
(54%)

841
(54%)

On permanent contracts (total)

No.

1,727

1,753

1,638

Men

No.
%

24
(43%)

38
(54%)

38
(43%)

Women

No.
%

32
(57%)

33
(46%)

51
(57%)

Fixed terms (total)

No.

56

71

89

Total

N.

1,727

1,753

1,638

Ratio of basic salary of women to men by employee category

2020

2019

2018

Senior managers

102%

91%

79%

Middle managers

93%

90%

93%

Clerical staff

99%

97%

99%