Work@BancaIfis

Inclusive, young and people-orientated

What it means to work at Banca Ifis

Development, inclusion, and employee welfare are key elements at Banca Ifis. Our work environment is unique because we built it day by day together with our Ifis People.
Our Leadership Model helps us find the best way to prepare for the many daily challenges and promote the values we believe in.
As described in our Group Code of Ethics, we are committed to guarantee freedom of association and collective bargaining, promote people health and safety, including both mental and physical health, reject every type of harassment, abuse, threatening or intimidatory behaviour, eliminate forced and compulsory labour and promote a job environment free of every form of discrimination.

Diversity, equity and inclusion

Transparency, diversity, inclusion and equal opportunities are values that are also applied at every stage of the Ifis People process. For this reason we are committed to guaranteeing that our Ifis People are treated with no distinction, exclusion or discrimination.

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What is our Breakdown of personnel?

Breakdown of personnel
		2023	2022	2021
By gender:
Men	No. %	901 47%	870 (46%)	856 (46%)
Women	No. %	1,023 53%	1,004 (54%)	993 (54%)
By age group:
Less than 30 years old	No. %	118 6%	128 (7%)	138 (7%)
Between 30 and 50 years old	No. %	1,411 73%	1,380 (74%)	1.380 (75%)
More than 50 years old	No. %	395 21%	366 (20%)	331 (18%)
Total	No.	1,924	1,874	1,849

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Total number of employees by category and gender
		2023	2022	2021
Men	No. %	75 77%	71 (75%)	67 (75%)
Women	No. %	23 23%	24 (25%)	22 (25%)
Total Senior Managers	No.	98	95	89
Men	No. %	337 56%	317 (56%)	309 (57%)
Women	No. %	265 44%	250 (44%)	237 (43%)
Total Middle Managers	No.	602	567	546
Men	No. %	489 40%	482 (40%)	480 (40%)
Women	No. %	735 60%	730 (60%)	734 (60%)
Total clerical staff	No.	1,224	1,212	1,214
Total	No.	1,924	1,874	1,849

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Total employees hired *
		2023	2022	2021
By gender:
Men	No. %	111 12%	132 (15%)	284 (33%)
Women	No. %	86 8%	126 (13%)	331 (33%)
By age group:
Less than 30 years old	No. %	65 55%	59 (46%)	94 (68%)
Between 30 and 50 years old	No. %	128 9%	155 (11%)	486 (35%)
More than 50 years old	No. %	4 1%	44 (12%)	35 (11%)
Total	No.	197 10%	258 (14%)	615 (33%)

* In 2023, Banca Ifis Group incurred a cost for new hires of 2.994.920 Euro (over 5 million Euro in 2022), corresponding to an average cost of 15.762,74 Euro per FTE (31.653,77 Euro in 2022).

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Individuals from minority or vulnerable groups
	2023	2022	2021
Total	90	88	87

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Total employees
		2023	2022	2021
Men	No. %	873 47%	848 (46%)	829 (46%)
Women	No. %	995 53%	977 (54%)	957 (54%)
On permanent contracts (total)	No.	1,868	1,825	1,786
Men	No. %	28 50%	22 (45%)	27 (43%)
Women	No. %	28 50%	27 (55%)	36 (57%)
Fixed terms (total)	No.	56	49	63
Total	No.	1,924	1,874	1,849

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Ratio of basic salary of women to men by employee category*
		2023	2022	2021
Senior managers	%	93%	97%	95%
Middle managers	%	93%	92%	92%
Clerical staff	%	98%	98%	98%

* Additional amounts paid to employees (e.g. those based on years of service, bonuses, overtime, additional allowances for transport, transfers, etc.) are excluded from the calculation.

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“

Banca Ifis is the first Italian bank certified for #genderequality by the Winning Women Institute. This achievement confirms the Bank’s strong focus on an issue as important to us as gender equality. We will continue to invest in this area; men and women must lead a group comprising men and women. This is and will continue to be an important managerial lever for us in the future.

MAURO BARACCHI, Human Resources Director

Growth Paths

It is far from simple to design an optimal growth path, as you need to define your goals and the best strategies to achieve them.

At Banca Ifis, we want people to pursue and realize their professional aspirations and enjoy personal growth in the company, including in technical skills, managerial skills, confidence, independence, and valorisation.

Remuneration and benefits

We consider it essential that employees of Banca Ifis receive tangible and transparent feedback on their commitment to their everyday work.

This is why we apply remuneration and incentive policies following the company’s objectives and values, the long-term strategies and the Group’s prudent risk management policies. We apply an annual reward system that follows the evaluation of individuals and incentive systems that focus on the sales force.

NFS 2022

Develop your potential with training: Ifis Academy

Ifis Academy is the training, promotion and development centre for Banca Ifis’ talent. Stemming from the commitment of our management to involve internal organisational structures with internationally renowned partners and top business schools.

Inspired by the Bank’s leadership model, it is a management school that constantly enhances the technical and behavioural skills of all its people, Ifis People.

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People’s well-being

Our corporate welfare system

Our company’s cornerstone principle is a corporate welfare system geared to everyone’s needs, designed to achieve a balance between private and professional life.

We provide all Ifis People with a comprehensive benefits platform focusing on personal care and protection, which is complemented by welfare initiatives. The Corporate Benefits project expands the range of welfare activities. This company benefits portal provides special offers and discounts on a wide range of products and services.