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Corporate Welfare

Well-being in the company

"Due to the state's inability to ensure levels of protection and safeguard comparable to those of a few years ago, private welfare has supplemented and, at times, surrogated the public one by satisfying the demand for social welfare, from a quantitative/qualitative point of view with additional and/or different benefits." (Tiziano Treu 2013)

The steep decline in the birth rate, the negative natural balance between births and deaths, as well as the increase in life expectancy, lead to a pool of millions of potential beneficiaries who are either alone or not self-sufficient. If we also include the difficulties due to the changed social context, with families composed of a single person (often elderly), and the discontinuity of work and the consequent fragmentary contributions to the public social security system, which increasingly requires the intervention of private supplements, it becomes possible to look for an answer to the necessary increase of protection in welfare.
CORPORATE WELFARE is the set of initiatives through which employers take charge of the needs of their employees and their families, granting benefits in the form of goods and services. Recognising the social value of such initiatives, the legislator allows, within certain limits, the de-taxation (and in some cases the partial de-taxation) of goods and services provided by employers.

Welfare is also 'reconciliation of life and work times'. You can meet the personal needs of the employee (care of minor children, study, extra-professional training, recreational activities, etc.) by enhancing human resources with an obvious increase in satisfaction and productivity, without neglecting the advantages and accounting treatment of company benefits.

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