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Welfare Index PMI: Italy, a pioneer in supporting SMEs’ sustainable development

May 11, 2021
Welfare Index PMI: Italy, a pioneer in supporting SMEs’ sustainable development

Now in its sixth edition, the Welfare Index PMI is the Italian initiative that inspired SME EnterPRIZE and is now an integral part of this international project, launched by the Generali Group with the aim of encouraging the development of sustainable business models and public debate on sustainability.

Promoted by Generali Italia with the participation of the major Italian Confederations, the 2021 edition of Welfare Index PMI aims to spread and promote a culture of corporate welfare among SMEs, while offering a free and reserved Assessment to companies willing to appraise their welfare levels and measure up with the sector’s best practices.

Ever since its first edition, the initiative can boast the patronage of the Italian Presidency of the Council of Ministers and the participation of the Ministry of Labour and Social Policy. In 2020, it also saw the direct involvement of the Prime Minister, who awarded the 78 “Welfare Champions” for the resilience they demonstrated during the Covid-19 pandemic.

Corporate welfare makes companies grow, because it increases productivity, improves the corporate environment, guarantees greater employee loyalty, and fosters the well-being of the communities. In addition to responding to a real need of the Country, this collective initiative, coordinated by Generali Italia, aims to drive cultural change among SMEs regarding the value of supplementary corporate welfare.

Every year, the Welfare Index PMI initiative draws up an Annual Report: a scientific research that represents the broadest and most in-depth picture on the state of welfare among Italian SMEs.

From 2016 to 2020, the initiative mapped the welfare of over 20,000 Italian small and medium-sized enterprises across all production sectors. The survey targets all Italian companies with up to 1,000 employees.

Also this year the initiative assigns a Welfare Rating, which groups companies into 5 classes with an increasing value from 1W to 5W. The goal is to allow companies to know their level of welfare and communicate it in an immediately recognizable way, turning commitment to welfare into a competitive advantage.

Companies with the best welfare practices will be awarded in the final public event and – thanks to the new international scope of the pan-European SME EnterPRIZE initiative – they will also attend the Award Ceremony which will take place in Brussels next autumn in front of the main European institutions and media. The International Award will also recognize the best SMEs from the other 6 countries participating in the project: Germany, France, Austria, the Czech Republic, Hungary and Spain.

To participate in WELFARE INDEX PMI 2021 it is necessary to fill in the questionnaire on the dedicated website:

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