Welfare

Edison expands social housing scheme for young graduates

The programme has reached some 30 young graduates and is part of a proposal involving ad hoc training and a competitive salary policy.

by Filomena Greco

 Edison (Imagoeconomica)

2' min read

2' min read

After Milan, it's Turin's turn. Edison expands its Social Housing plan dedicated to young people. Recent graduates in the company now represent a community of more than 170 people - there were only 70 in 2018 - to whom the Group offers concrete help "to think and start a sustainable future and personal life project in the city where they work".

Edison's initiative is part of a broader programme to bring young graduates into the company, which also includes a three-year training and development plan, working methods and times that guarantee a balance between personal and professional life, and a salary and welfare policy that is competitive with the European labour market, with the aim of boosting the attraction and retention of young talent, "thus helping to counter the phenomenon of young people leaving for foreign countries".

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Young graduates are also offered a three-year training programme (Young Community). This is a three-year programme that aims to facilitate the entry of younger resources into the company, 'supporting them in getting to know the organisation, in acquiring transversal and soft skills, and in integrating and socialising with colleagues'. A path is therefore dedicated to them that alternates training, workshop and development moments.

Almost a year after the initiative was launched, Edison has provided the Housing grant to about 30 recent university graduates. The "A home for young people" scheme is specifically aimed at recent graduates who live with their families. The company gives them the opportunity to rent a furnished two-room apartment in an area within half an hour of their place of work, connected by public transport.

An external partner specialised in real estate leasing takes care of the search, identification and contractual and administrative management of the housing lease, as well as all utilities. "The young person is asked for a monthly expense contribution which, considering also the utilities to be paid by him/her, is considered sustainable and is worth no more than one third of the net monthly salary," the company clarifies.

The plan was conceived as a corporate welfare measure launched in a context such as the Italian one in which economic reasons - excessively high rent costs or low salaries - push recent graduates to go abroad, especially when it comes to large cities. Add to this the fact that, as ISTAT data confirm, more than two-thirds of young people between the ages of 18 and 34 still live with their families, a figure that places Italy among the European countries with the longest stay in the family unit.

"The solution to the housing problem is therefore of decisive importance in the decision to stay or go. For a company like Edison, which has always placed investment in young recent graduates at the centre of its long-term strategy, it is imperative to strengthen the value of the economic package offered during the recruitment phase and also improve the dynamics of growth in the first years of employment. This is why we are supplementing it with a specific proposal that represents a concrete and relevant contribution and corporate support to the solution of the housing problem" underlines Giorgio Colombo, HR and ICT Director of Edison.

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