Group focuses on workforce welfare

Ever since Famalco Group was founded, the directors have recognised that its employees are its nucleus and fundamental building blocks. As a result of the invaluable nature of the workforce, Famalco has adopted the mantra that happy employees are equal to a delighted, productive, engaged and collaborative workforce and corporate culture.

To continually promote the principles of employee welfare and well-being, earlier this year Famalco Group implemented a health and financial incentive scheme known as FamiljaFund.  FamiljaFund is an autonomous NGO operating as an offshoot of the group without the involvement of the company’s directors.

Following FamiljaFund’s inauguration, the group’s directors initiated altruistic donations by providing the fund with a financial donation. To date, the fund is comprised of 120 members and counting.

Essentially, FamiljaFund was aggregated to ensure that the workforce is provided with invaluable and essential support during times of medical hardship.

FamiljaFund members shall also benefit from various discounts by commercial third-party outlets who have granted advantages to this group of clients.

Famalco Group also embarked on a benefits package for its workforce. The life-insurance policy perk includes coverage of up to €100,000 for each individual employee and business associate. Business development director and co-founder Hermann Mallia said these initiatives were “an important step in the right direction. Our health, and the health of our loved ones, is a priority.”

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