Recognizing the importance of the extensive involvement of employees in the implementation of programs and plans regarding quality and productivity, Ternai signed an agreement with the labor unions governing a corporate-result bonus to incentivize labor productivity (see also the section on Industrial Relations).

The bonus is a variable element of compensation and consists of two parts:

  • “corporate profitability” linked to the Company’s general performance and paid to most employees generally, with the exception of senior executives;
  • “incentives for productivity/quality” linked to the achievement of specific quality and productivity objectives connected with the employees’ work and paid to blue- and white-collar workers.

As in other large electricity companies, the treatment of employees at Terna (pay, working hours, vacations, and other aspects of employment) is substantially better than the Italian average.

In particular, the following benefits are provided for most employees:

  • supplementary health care;
  • supplementary pensions (voluntary participation);
  • insurance for non-occupational injuries;
  • recreational associations;
  • more favorable maternity-leave conditions than those provided for by the law;
  • subsidized loans for purchasing a home, as well as for serious family needs:
  • cafeteria service or meal coupons.

The benefits are available to all employees once they have finished their trial period, including part-time employees and those with beginner contracts. Insurance coverage for occupational injuries is regulated by law and provides better conditions for specific categories.   

Furthermore, Terna’s employees (excluding senior executives) are automatically enrolled in the supplementary health-care fund FISDE (Supplementary Health-care Fund for Employees of the Enel Group). The FISDE organizes prevention campaigns for its members that include preventive examinations and sessions providing information on the main health risks. The following have been some of the topics of the information and prevention campaigns:
  • smoking
  • alcohol
  • tumors
  • cardiovascular disease
  • opthamological disease
  • disabilities

The FISDE partly pays for the medical treatment of disease not only for its employee members, but also for the dependent members of the latter’s families.

Beneficiaries 
Information on and prevention of risks Treatment
Workers Yes Yes
Families of workers No Yes