Mondadori pays its staff based on merit criteria related to skills, professional conduct and, in the case of managers, the results obtained.
In addition to a fixed salary, the employee remuneration system includes collective variable incentives (results-based bonuses), which exclude executives and employees (executives, middle managers and office workers) covered by the MBO (Management by objectives) system, based on individual and company profitability and productivity goals. The aim is to incentivise staff to play a more direct role in achieving results.
Mondadori’s focus on its employees is also reflected through the provision of benefits, services and activities for employees, both at and outside work, some of which were introduced following proposals from the staff themselves.
Flexible working hours
Flexible working hours, in terms of entering and leaving times, are permitted. Mondadori also tries to meet employee needs by adopting flexible part-time contracts.
The shuttle service connects the Segrate offices with strategic locations in Milan in order to accommodate as many passengers as possible coming from various city districts and suburban areas around Milan, in connection with public transportation (ATM network, railways).
Thanks to agreements with ATM and Trenord, employees and collaborators may purchase annual tickets at reduced prices for use on the entire urban and suburban transport network of the SITAM (Sistema Integrato Tariffario dell’Area Milanese – Integrated Tariff System of the Milan Metropolitan Area) area and the regional railway network (Passante light railways and regional railway lines).
The company buses are reserved for employees, members of staff, suppliers and guests of the company. Every ticket has a symbolic cost of 0.03 euro for employees and members of staff, while occasional visitors travel free of charge.
Supplementary health insurance
The supplementary health insurance coverage is a benefit offered as an option to employees (of Arnoldo Mondadori Editore S.p.A. and Mondadori Pubblicità S.p.A., with the exclusion of executive managers) who have completed their trial period, and against payment of a monthly contribution. The supplementary health and social fund (FISS) partially covers some expenses and also makes other contributions in particular situations. Coverage can also be extended to family members.
Personnel operating in the Milan area can make use of a health service provided in the company offices: blood tests, medical check-ups, pap tests and eye tests. In partnership with Avis, Mondadori has organised two blood donor days every year since 2006 at an Avis station at the Segrate offices.
In the last few years, a tax assistance service has been made available free of charge to employees for the filling out of their annual tax returns.
Subsidised products and commercial agreements
Various types of products (books, magazines, CDs, DVDs) are offered to employees at sharp discounts compared to the cover price. There are also various discount agreements in place for the purchase of products and services: the updated list is published on the company Intranet.
Involvement of personnel
Drawn up by the company to ensure maximum accessibility to all information regarding employees and collaborators, the company intranet Network is available for all those who have a personal computer in the various offices. Within the intranet, it is possible to access information and documents, procedures and data on the aforementioned conditions, as well as on proper performance of one’s duties.
The company intranet is also used to involve personnel in socially relevant initiatives, such as blood donation or the collection of funds for scientific research associations.
In addition to the aforementioned functions, the platform describes the progressive transformation of the company and encourages dialogue, the exchange of information and acquisition of knowledge of the people and areas of activity of the Group.