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CHAPTER 2  |  UNIQUENESS AND TALENT, INGREDIENTS FOR SUCCESS













                              The Ratti Group consists of and is managed
                         by people whose expertise, sense of responsibility
                           and dedication condition the progress made by

                                          the company day after day



                                                                     Ratti obtains Fair Wage
                                                                     certification for its employees’
            The value of people                                      working conditions
            The value of people and the attention Ratti
                                                                     During 2021 Ratti SpA participated in a survey promoted
            dedicates to its employees represents one of
                                                                     by the National Chamber of Italian Fashion and the Fair
            the intrinsic characteristics of the Group itself –
                                                                     Wage Network in the Italian luxury sector, in order to draft
            characteristics which do not only come to the
                                                                     a social sustainability report. More than 1,000 workers in
            fore in moments of greatest difficulty.                  textiles, leather goods, footwear, accessories and many
            The Ratti Group consists of and is managed by            other sectors took part in the interviews on working and
            people whose expertise, sense of responsibility          salary conditions across Italy.
            and dedication condition the progress made by
            the company day after day.                               Out of a sample of 45 companies, one-third of these –
                                                                     including Ratti – had obtained Fair Wage certification.
            For this reason, the leadership works on a daily         This attests to the appropriate management of
                                                                     working conditions on the basis of 12 factors including
            basis to ensure the constant protection of all
                                                                     salary levels, remuneration systems, working
            employees and partners. In the same way, the
                                                                     hours, opportunities for career development, wage
            Human Resources function is committed to
                                                                     discrimination and mechanisms for social dialogue.
            ensuring the Group’s employees receive the right
            training and development and, in general, the
            right motivation and professional development.
            Ratti is strongly convinced that this is the only way
            work can become an object of value and people   For further details of the GRI indicators regarding
            can share what they believe in.           significant topics pertaining to human resources,
                                                      please see the table in the Annex.
            This is an asset that merits the constant attention
            and protection expressed in the Code of Ethics:   2.1
            a document which expresses the principles and
            values which commit the Group to developing   Ratti’s employees
            its professional staff. It encourages the
            development of skills and professional growth,   At 31 December 2021, the Ratti Group had 726
                                                               1
            guaranteeing the satisfaction and the wellbeing   employees  , the majority of whom were women
            of the staff working in the various production   (66.94%). This has long been a characteristic of
            facilities.                               the sector. The total workforce recorded a slight
                                                      fall (-3%) compared with 2020. The data show a
            In addition, Ratti’s Code of Ethics provides the   net improvement on the drop recorded between
            basis for ensuring there are equal opportunities   2019 and 2020 (-12%) which was due mainly to
            in terms of work and professional development   the effects of the Covid-19 health emergency.
            for all its employees.                    The drop caused a reduction in volumes and
            This is done by enhancing their professional   conditioned corporate processes and policies
            qualifications and earnings capacity, without any   with regard to hiring staff.
            discrimination, given that the functions select,
                                                                                                1 The 726 members of staff
            hire and manage employees exclusively on the   82.09% of the workforce are on permanent   include employees, interns and
            basis of expertise and merit.             contracts, 15.84% are on fixed-term contracts,   freelancers

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