Welfare for trade executivesWelfare
Mandatory welfare for trade executives
The renewal of the national collective agreement for executives of trade companies has introduced, limited to the years 2024 and 2025, the obligation for employers to assign executives an annual mandatory welfare credit with a minimum value of EUR 1,000.00 to be made available on the Cfmt web platform.
Destination and access to CFMT Services
The Cfmt platform, activated in January 2024, is managed exclusively by Cfmt and incurs no additional costs for businesses. The welfare credit can be used by the executive starting from January 15 of each year within the following services:
- Contributions to the Mario Negri supplementary pension fund;
- Activation of preventive packages for family members through some healthcare facilities affiliated with Fasdac and available on the CFMT platform;
- Purchase of supplementary coverage to Fasdac for the executive and family members with the Carlo De Lellis health fund;
- Purchase of training courses for family members, even non-cohabiting.
For each destination of the welfare credit following the executive’s choice of one or more of the provided services, the Cfmt welfare platform will communicate via email to the company the methods for payment to the chosen entity (Mario Negri Fund, De Lellis Fund, Fasdac affiliated healthcare facility, and CFMT training provider).
Recipients of the welfare credit
The welfare credit is granted to all executives with permanent, fixed-term, or part-time contracts. In the case of hiring or appointment of an executive during the year, whether with a permanent or fixed-term contract, the welfare credit will be proportionate in twelfths based on the months of service in the relevant year. If a fixed-term contract is extended during the year, the welfare credit will be supplemented proportionally to the months of service. The period covered by the notice substitution indemnity does not entail the allocation of the welfare credit for the corresponding months. If the executive returns to service during the year following a new hiring, the credit will be allocated proportionally based on the hiring date. In the event of termination of the employment relationship for any reason during the year, the executive who has not yet spent all or part of their credit will no longer be able to spend it; conversely, if the entire amount has been spent, the company will not be able to recover it in relation to the months of service not performed during the year.
Managements methods
The contractual welfare credit will be automatically entered into the Cfmt platform from January 1 of each year for each active executive, who can start spending it from January 15 onwards. Upon the destination of the total or partial credit by the executive towards the provided services, the company will be informed of the executive’s choice and the payment instructions for the corresponding amount. The payment of the requested service by the company will then be reflected in the executive’s payslip according to the applicable regulatory provisions. The executive will have the entire year 2024 and the following year to choose the destination of the welfare credit. If an executive has not spent all or part of the welfare contribution provided by the CCNL by the end of 2024, they can choose to carry over the credit to the following year or allocate it to the Mario Negri Fund. If no communication is made about the destination of the remaining welfare amount by December 31, 2024, it will be re-credited in 2025. If the executive has not spent the entire credit upon termination of the employment relationship, the remaining credit will be zeroed.
As of December 31, 2025, in the absence of agreements between the company and the executive and/or different communications from the executive, the remaining credit will be allocated to the Mario Negri Fund.
Increase of welfare credit
The employer may also credit additional amounts to the Cfmt platform beyond the minimum established by the CCNL by signing a specific company regulation. This increased welfare credit can be used by the executive by choosing contractual welfare services among those available on the CFMT platform.
Additionally, within corporate welfare policies and always in addition to the minimum contractual welfare credit, companies can offer other corporate welfare services referred to in Article 51, paragraph 2 of the T.U.I.R. (mainly travel and leisure, public transportation subscriptions for employees and family members, education and related services for family members) through agreements with one of the providers/platforms available on the market.
Conclusion
Companies that have not yet activated and credited the welfare plan for their executives subject to the CCNL Commerce must do so as soon as possible.
Our Labour team is at your disposal for any clarifications.
