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Sustainability Report 2012 - Generali Versicherung AG

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Emirates, the Philippines, Guatemala, Hong Kong, India,Indonesia, Italy, Mexico, Panama, Portugal, Switzerland,Thailand and Vietnam.A brief overview of how the Group guarantees theabovementioned rights of its workforce in countries notincluded in the <strong>Sustainability</strong> <strong>Report</strong> scope is provided below.Other European countries<strong>Generali</strong> also carries out insurance business activitiesin Belgium, Greece, Guernsey, Ireland, Liechtenstein,Portugal, the Netherlands, the United Kingdom, Turkey andthe countries of Central-Eastern Europe under <strong>Generali</strong> PPFHolding (Belarus, Bulgaria, Croatia, Hungary, Kazakhstan,Montenegro, Poland, Romania, Russia, Serbia, Slovakia,Slovenia and the Ukraine).Let's Clean, BulgariaChild labour - In these countries, all employees are over18 years of age.Employment contracts - All employees are hired withwritten contracts that reflect national collective bargainingagreements, where present. The minimum notice periodfor the unilateral termination of an employment contractby the employee is at least 30 days in most of thecountries and 14-15 days in Greece, Poland, Russia andthe Ukraine. Remuneration is generally in line with theaverage figures in the national insurance industry. MostGroup companies offer flexible working hours with theworking week consisting of between a minimum of 35hours (Belgium, Guernsey and Portugal) and a maximumof 40 hours (Kazakhstan, Montenegro, Poland, Romania,Russia, Serbia, Slovenia, the Ukraine, Hungary). Overtime -not permitted in Montenegro and Serbia - is voluntaryand cannot exceed 12 hours per week; it is remuneratedeverywhere with the exception of Kazakhstan, Slovakia,Turkey and the Ukraine.Trade Unions - Employees are free to elect their ownrepresentative or to become members of trade unionorganisations, even if the number of enrolled employeesis not known. In the countries of the European Union,transnational social dialogue takes place via meetings withthe European Works Council, a body that represents theGroup’s 61,719 European Union employees.Employee Health and Safety - The Group complies withlocal regulations on the health and safety of employeesand most Group companies have a Health and SafetyCommittee. Although there are differences from country tocountry, as well as healthcare and work accident insurancepolicies the Group generally offers its employees thefollowing benefits: accident insurance and supplementarycoverage that enables employees to enjoy qualityhealthcare services such as hospital admissions due toillness, accidents, surgery and medical assistance.AsiaThe Group operates in China, Hong Kong, India, Indonesia,Japan, Thailand, the Philippines, the United Arab Emiratesand Vietnam.Child labour - In these countries, all employees are over18 years of age.Employment contracts - In these countries there is nonational collective bargaining agreement; in accordancewith local laws, the employment contracts of Groupemployees are individual and are formalised with awritten letter. In the Group companies, there are rules ofconduct (Code of Conduct, Sale and Staff ManagementPolicy, etc.) and regulations for the termination of theworking relationship between the parties by mutualconsent (Staff Dismissal Management Policy in China,India and Thailand). Employees are free to unilaterallyterminate their contract but must observe the minimumnotice period of at least 30 days (at least 7 days in HongKong). Remuneration is in line with the national averagein the sector. The working week ranges from 36.25hours in Japan to 44 hours in India and the Philippines.Working hours are not flexible in the Asian companies.Overtime is voluntary and is generally remunerated(with the exception of Hong Kong), and may exceed 12hours per week in Hong Kong, Indonesia, Japan and thePhilippines. The concept of overtime for employees doesnot exist in India.Trade Unions - Employees are free to become membersof organisations, to elect their own representative and todiscuss issues such as working conditions, remunerationand benefits without being intimidated or pressured.Day trip at the organic farm, Hong KongEMPLOYEES | 57

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