(Finance) – Reduce working time is the goal for the future of over 6 out of ten Italians employed. And resignations are often an escape to a better job: among workers under 60 who resigned from their job, 67% moved to another job within three months. The says it seventh Censis-Eudaimon report on corporate welfarepresented today in Rome.
The data indicates that the 67.7% of employed Italians would like to reduce the time dedicated to work in the future: 65.5% of young people, 66.9% of adults and 69.6% of over 50s want it. Already today 30.5% of employed people (34.7% of young people) declare they are committed at work only what is strictly necessary, refusing overtime, calls or emails outside working hours and carrying out only what is required of him by job.
For 52.1% of employed people, work currently influences their private life less than in the past, because they dedicate themselves to activities and have values that they consider more important. He shares this condition 54.2% of young people, 50.1% of adults and 52.6% of elderly people. Almost 28% gave up a better job than their current one because the location was too far from their home. The Censis-Eudaimon report highlights the dynamism of the Italian labor market which sees a record level of employment and an increase in stability. In this context, 81.8% of employed people know what corporate welfare is (32.7% precisely and 49.1% in broad terms), while in 2018 it was 60.2%.
And this is where the corporate welfare, which according to the report, “can become one of the best tools for retaining or attracting workers”. Among the workers who benefit from it, 84.3% would like it to be strengthened, and among those who do not benefit from it, 83.8% would like it to be introduced in their company. Furthermore, 79.5% of employed people would appreciate a salary increase in the form of one or more welfare benefits. In general, 61.5% of employed people consider the company’s attention to be adequate in relation to the needs of workers with children, 71% to the needs of women returning from maternity leave, 62.9% to the needs of people with poor health fragile, and 52.3% to the basic conditions of workers, such as safety. Instead, for 61.7% of those employed, the company is not attentive enough to the general psychophysical well-being of all workers, even those without specific problems. The employees (62.3%) and workers (68.4%) underline this lack of corporate attention the most.
Increasing resignations in the first year of a child’s life
In 2022, resignations and consensual terminations from work relating to parents with children up to one year of age involved 44.7 thousand mothers and 16.7 thousand fathers. Regarding the reasons for resignation, 41.7% of mothers and 2.8% of fathers resigned due to difficulty in reconciling work with childcare due to the lack of care services, and 21.9% of mothers and 4.3% of fathers due to difficulties in reconciling work and caring for their children, causing problems related to work in the company. According to the Censis-Eudaimon report, the employment rate of women with children is 58.6%, that of men with children is 89.3%. The gap to the detriment of women is -30.7 percentage points, while in Germany it is -17.4, in France -14.4, in Spain -19 and in Greece -29.1.
The resignations and consensual terminations of workers who are parents with children up to one year old were 39,738 in 2017 and are over 61,000 in 2022. The female employment rate also remains low for women without children: it is equal to 66.3%, while for males without children is equal to 76.7%.
The importance of the psychophysical well-being of workers
For the 61.7% of those employed, the company is not attentive enough to the general psychophysical well-being of all workers, even those without specific problems. The employees (62.3%) and workers (68.4%) underline this lack of corporate attention the most.
89.2% of employed people would like the personalization of company welfare, with offers tailored to each person’s individual needs, convinced that in this form it would also have positive impacts on engagement. 72.4% would appreciate a welfare consultant who would support them in dealing with any problems with healthcare, social security, their children’s school, etc. 79.9% of managers, 72.6% of employees and 68.8% of workers would like it.
79.3% would like corporate welfare services to be accessible and manageable via smartphone apps because it would facilitate their use. 90.6% of managers, 78.8% of employees and 76.5% of workers are convinced of this. 79.5% of men and 79.1% of women consider it important.
Looking at the future, 95% of companies believe that it will be necessary to adapt to the higher value attributed by workers to free time; a share similar to the toughest competition on the labor market to attract or retain workers; 71% face high incoming and outgoing turnover.