Moncler Group | Annual Report 2024 Board of Directors’ Report 258 Moncler Group | Annual Report 2024 Board of Directors’ Report 259
[S1–15] Work-Life balance metrics
During 2024, 86% of Moncler Group employees were entitled to
all types of family-related leave, including maternity, paternity,
parental, and caregiving leave. Among these employees, 577
ef fectively took advantage of these leave options, representing
8% of those eligible, with a distribution of 79% among female
employees and 21% among male employees.
The Group’s commitment to supporting parenthood and
work-life balance of its employees is also demonstrated by the
adoption of the New Parents Policy (described on page 236).
In addition, most employees are entitled to family caregiving
leave in accordance with national legislation in the countries
where such leave is provided. In countries where it is not
mandated, the Group supports employees with appropriate
measures to safeguard the well-being of those who need it.
In 2024, the Group continued its commitment to monitoring
accident rates for the employees of the service provider that
manages the logistics hub in Castel San Giovanni (Piacenza),
which is SA8000 certif ied, with the aim of ensuring optimal
working conditions. The workplace severity16 rate at the logistics
hub was 0.11 (0.10 in 2023) whereas the workplace frequency17
rate was 3.25 (3.66 in 2023). In addition, monitoring was also
extended to other service providers considered more exposed
to security risk, registering a total frequency rate for all monitored
suppliers of 4.25 (4.06 in 2023).
16
Severity rate number of days lost due
to workplace accidentstotal number of
hours worked x 1000
17
Frequency rate number of accidents
total number of hours worked
x 1000000
In 2024, the average gender pay gap within the Group,
calculated by considering the average pay dif ference between
men and women for each job level and weighted according
to the workforce distribution across professional categories,
stands at 7%. In particular, women’s salary levels show
dif ferences of between 4% and 20% compared to those of men,
except for the managerial category, where women’s salaries
are higher. These dif ferences ref lect employees’ average salaries
in the various organisational categories and therefore do not
consider criteria such as length of service, level of responsibility,
individual performance and career path prior to joining
the Group. If calculated as the arithmetic mean of salary levels,
without considering, among other factors, the distribution
of professional categories, the average gender pay gap would
be around 32%. Since 2023, in line with the aim of obtaining
equal pay certif ication, the Group adopted the methodology
developed by EDGE18 to conduct pay analyses in order to
identify and explain any unexplained gaps. In 2024, the analyses,
which began on the corporate population in Italy, continued
in other countries with the aim of extending EDGE certif ication
globally. In particular, South Korea, Japan, Chinese mainland,
France, the United States and Romania were involved. To date,
unexplained gaps under the threshold of 5% have been found
using this method.
The ratio of the total remuneration received by the Chairman
and Chief Executive Of f icer for 2024 to the total median
annual remuneration of all Group employees is 192:1 (271:1 in 2023
and 216:1 in 2022).
18
The process to obtain equal pay
certif ication involves an indepth
analysis of compensation within the
Company gender representation
at all organisational levels human
resources policies applied in the
Company and employees perceptions
of diversity equity and inclusion These
perceptions are expressed through
an anonymous survey In particular the
compensation analysis is conducted
using a linear regression methodology
which is weighted considering factors
such as role geographical purpose of the
position experience and performance
without gender discrimination The
process is divided into several phases
f irst an analysis is carried out that
assesses compensation based on
objective variables If disparities emerge
they are examined and if not justif ied by
legitimate factors such as experience or
performance action plans are adopted
to eliminate them Finally an external
body verif ies that the Company complies
with international standards certifying
compliance with the criteria of equal pay
required by the EDGE methodology
[S1–16] Compensation metrics (pay gap and
total compensation)
[S1–17] Incidents, complaints and severe human
rights impacts
In 2024, 29 reports of potential violations of the Code of Ethics
relating to working conditions and human rights were received
through the reporting channels made available to employees,
such as the whistleblowing system. Of these, seven cases
were considered relevant and worthy of analysis and further
investigation and concerned incidents of harassment and/or
violent and/or discriminatory behaviour. Based on the investigations
conducted, it was decided to terminate the employment relationship
in f ive cases, while in the remaining two cases, no disciplinary
action was taken, but awareness-raising activities were carried
out with the concerned parties by the Human Resources
department of the respective Regions. None of the incidents
described above gave rise to f ines or sanctions or compensation
for damages. Finally, there were no severe human rights incidents
during the year.