Generali Italia developed the first index to evaluate and reward company welfare at Italian SMEs.
Why this index?
The Italian economic and social environment is characterized by the increasing struggle of the public welfare system to meet citizens' social care requirements.
Large enterprises are contributing through welfare schemes of increasingly broad scope addressed to employees and their families. But the backbone of the Italian production system is formed by small and medium enterprises with 10 to 250 employees, representing over 80% of the country's workforce.
SMEs are now increasingly called on to develop adequate supplementary welfare systems. They need tools and support to reduce administrative burden and turn this duty into a competitive market advantage.
Aware of the importance of welfare for development, Generali Italia aims to support SMEs across sectors throughout this culture change, which sees the support given by an enterprise to its employees as leverage for growth for the company itself, hence creating a virtuous circle.
The Welfare Index PMI, developed in partnership with Confindustria and Confagricoltura (the Italian general confederations of industry and agriculture), will provide a tool for enterprises to regularly monitor their own welfare initiatives and learn from the most forward-looking experiences.
Each year best performers will be rewarded in manufacturing, services and agriculture.
2016 Findings
Based on the 2016 Report findings, presented in Rome in March 2016, common welfare initiatives promoted by SMEs are:
1) Human resources management, and in particular career development and mobility (64,1%), insurance for employees and their families (53%), economic support (46,2%);
2) Traditional welfare arrangements such as retirement (40,4%), health (38,8%), protection (38%);
3) More innovative initiatives: equal opportunities and support to parents (18,5%), social inclusion (14,1%) work-life balance (4,9%).
How to join in 2017
To candidate your company for the index and award ceremony please consult the dedicated section of the website here
More information (IT):