MID-SIZED COMPANY IN ITALY IN THE PHARMA SECTOR

WE FOUND THAT 20% FLEXIBLE WORK CONTRIBUTES A 56% IMPACT ON EXTENDED PAY

What happens if a company applies flexible work assignments to a total of 20% of the employee's time in a company where:

• The average net salary is €2,000/month, in total that represents €24,000 per year.

• Most of its employees are in their 40s and 50s

• Those same employees don't have major debt problems

• The average number of dependents for each employee (children in this case) is 1, showing normal family responsibility, where a couple of people (father and mother) take care of that dependent child.

• The employees of this company subjectively and moderately value the value of their free time over their working time.

• We also know that by using that 20% of the time of remote work or through flexible work, the employee can save about €3000 per year, since they save on travel and other costs derived from going to work.

• The employees of this company are, in most cases, in good health.

Our research shows that while the average financial salary is €24,000 net per year, the extended salary, i.e. the economically quantified benefit obtained by employees, is €37,656, 56%.

Did you know that your efforts to make work flexible make employees earn more than you think?