Recognising the importance of widespread involvement of the personnel in implementing its programmes and projects on productivity and quality, Terna signed an agreement with the unions which regulates a corporate result-based bonus to incentivise labour productivity, on which also see the section on industrial relations.

The bonus constitutes a variable component of pay and has two aspects:

  • “corporate profitability” linked to the Company’s general performance and paid to all employees, except for senior executives;
  • “productivity/quality incentives” linked to employee performance and paid to blue- and white-collar workers.

As in other large electricity companies, the employment terms of Terna’s personnel – pay, working hours, vacations, and other aspects – are substantially better than the Italian average.

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

  • supplementary health insurance;
  • supplementary pension fund (participation voluntary);
  • non-occupational injury insurance;
  • recreational associations;
  • more extensive maternity rights than those provided for by the law;
  • concessional loans for purchase of first home and serious family needs;
  • cafeteria or meal vouchers.

The benefits are available to all employees once they have completed the trial period. Part-time employees and those with beginner contracts are also included. Insurance coverage for occupational injuries is regulated by law and extends to all employees. Terna provides better conditions for specific categories.

Furthermore, except for senior executives, Terna’s employees receive automatic membership in the FISDE (Fondo Integrativo Sanitario per i Dipendenti del Gruppo Enel) supplementary health insurance fund. This fund organises prevention campaigns for its members which include preventive medical examinations and information sessions on the main health risks. Information and prevention campaigns have regarded the following subjects:

  • smoking;
  • alcohol;
  • tumors;
  • cardiovascular diseases;
  • ophthalmological diseases;
  • disabilities.

Medical treatment of diseases is partly paid by the FISDE not only for members, but also for their dependent family members.

Beneficiaries Education and training Consultation Risk prevention Treatment
Employees yes yes yes yes
Employees’families no yes no yes