SuperyachtNews.com - Business - TISG to provide financial support to mothers

By SuperyachtNews

TISG to provide financial support to mothers

The La Spezia-based shipyard has initiated a scheme to financially support its employees who are mothers to young children…

The Italian Sea Group (TISG) has launched a programme to provide financial assistance to its employees who are mothers of children under the age of six. Giovanni Costantino, founder and CEO of TISG explains that the initiative not only demonstrates the shipyard’s commitment to its employees' well-being but, also aims to set a positive example for the industry as a whole.

“The establishment of the “TISG Bonus Mamma” was born to recognise all mothers for the great commitment and constant dedication they bring to the Company every day,” he says. “This initiative of ours, also in line with the social and economic priorities of our country aimed at mitigating the decline in the birth rate, is an investment in the future, the beginning of a path that sees our Group alongside all women and their families".

The “TISG Mother Bonus” is a benefit reserved for mothers of children under the age of six who are permanent employees at the firm. From the beginning of this month, €150 is to be paid monthly from the child’s birth until their sixth birthday. Around 120 women currently work in TISG, including 30 mothers.

The “TISG Mom Bonus” contribution is added to all the initiatives that are part of TISG's corporate welfare, including The Young Award, a cash prize made for employees under 30; TISG New Gen, a project for the inclusion of new graduates within the Group; the Village, an internal structure dedicated to the well-being of employees and their families and TISG Academy, aimed at training and upskilling current employees.

Support for women in other segments of the industry has been slow to adopt similar initiatives to assist mothers. When considering pregnancy policies beyond the yachting industry, one might expect management companies to include maternity and/or paternity leave in crew contracts. However, it seems that this is not the current norm in the industry.

In a previous article, we closely examined how yacht crews are affected by maternity leave and financial support for pregnant women and new mothers. You can read more about it here.

Join the discussion

TISG to provide financial support to mothers

35838

To post comments please Sign in or Register

When commenting please follow our house rules


Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry‚Äôs most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for Bridging the age gap

Bridging the age gap

As the industry grapples with a talent crisis exacerbated by an age gap, World Boating Day aims to showcase industry intricacies and attract new talent

Crew

Image for The Superyacht Report - New Build Focus Out Now

The Superyacht Report - New Build Focus Out Now

Issue 220: The Superyacht New Build Report is now available to read and download online

Crew

Image for Inaugural World Boating Day set to launch

Inaugural World Boating Day set to launch

With intent on attracting quality talent growing, some industry leaders are spearheading an initiative to highlight the viable career prospects in yachting

Crew

Image for Superyacht UK Young Designer Competition commences

Superyacht UK Young Designer Competition commences

The event launched the 2024 Superyacht UK Young Designer competition, offering a platform for talent exploration and industry engagement

Fleet

Image for Solent University introduces sustainable superyacht design course

Solent University introduces sustainable superyacht design course

The Southampton-based university has launched a brand new MSc for the 2024/25 academic year, the first of its kind in the UK

Crew

Image for ISWAN to advance SIM project

ISWAN to advance SIM project

Following the success of its previous three phases, the maritime charity has secured funding from the UK government to further its research into crew wellbeing

Crew

Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on