Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, May 15 2020 - 02:42
AsiaNet
Limacorporate Announces Plans for Phase 2 During the Coronavirus Crisis: Salaries Integrated to 100% for All Employees
SAN DANIELE DEL FRIULI, Italy, May 14, 2020, /PRNewswire-AsiaNet/--

LimaCorporate announces the Phase 2 plan during the coronavirus worldwide 
emergency which includes salaries to be integrated to 100% for all employees on 
social shock absorbers as more employees return to the company.

LimaCorporate has continued manufacturing and distribution from their two 
facilities in Italy throughout the entire crisis. All other employees have been 
working from home ensuring new product development, product registrations and 
key value creating activities of the business continue to move forward.  

This week, LimaCorporate announced the continuation of the social shock 
absorbers for another nine weeks for Italy, while for subsidiaries worldwide, 
the company will use the local forms of social shock absorbers, where 
available. But there will be a very important difference, with the support of 
the Shareholders and Advisory Board, it has been decided to integrate the 
salary of all employees to 100% for the following weeks, even those who have 
access to the different forms of social shock absorbers. 

"LimaCorporate innovates not only in standard ways through products and 
services, but also for our employees. This choice is a demonstration of the 
extreme attention and sensitivity of our shareholders and company towards our 
employees. We want to restore confidence, starting from the heart of our 
organization, and strengthen the sense of belonging among all workers," 
explains Luigi Ferrari CEO of LimaCorporate.

LimaCorporate is also preparing to bring back more employees to the facilities 
during Phase 2. In a staged approach, LimaCorporate employees will gradually 
return in small groups, where constant monitoring will occur, while others will 
remain on smart-working until it is deemed safe for all employees to return. 
"We are a company that always sets very ambitious goals, with high expectations 
for our employees. With high expectations comes high responsibility and I look 
to protect the health and safety for our employees, partners and business 
during this next phase," added Mr. Ferrari. 

As a further step in stimulating the organization as the company exits from 
this crisis, the company is also studying a new incentive system with adjusted 
targets for 2020.

"We are slowly seeing a recovery for our business, and we do expect increasing 
turnover over the coming months. We must be ready to restart with energy and 
enthusiasm, fundamental elements to properly handle the recovery," concludes 
Mr. Ferrari.

About LimaCorporate

LimaCorporate is a global medical device company providing reconstructive and 
custom-made Orthopedic solutions to surgeons who face the challenges of 
improving the quality of life of their patients. Based in Italy, LimaCorporate 
is committed to the development of innovative products and procedures to enable 
surgeons to select ideal solution for every individual patient. LimaCorporate's 
product range includes large joint revision and primary implants and complete 
extremities solutions including fixation.

For additional information on the Company, please visit: www.limacorporate.com 
 
Logo - https://mma.prnewswire.com/media/997351/LimaCorporate_Logo.jpg

SOURCE: Limacorporate S.p.A.
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