Social vouchers function on simple principles, thanks to the comprehensive and favourable social laws granted by national or local governments to encourage the access to dedicated services for employees or citizens.
They guarantee the transparency in the use and circulation of the dedicated funds.
Social vouchers create a virtuous circle involving all the stakeholders thanks to the positive consequences created by the model supported by public authorities.
Network of suppliers
- increase economic activity in a specific and predetermined sector
- ensure an additional income through the development of customer loyalty
- increase employees’ well-being with positive impacts on productivity
- support for social policies exempted from tax and social welfare contributions
- enhancement of Corporate Social Responsibility
Beneficiaries (employees, citizens)
- local economy stimulation and job creation
- reduction of informal economy
- increase of resources and consumption
- improved collection of taxes throughout the production and distribution chain
Public and private employers
- freedom of choice of the supplier
- improve well-being at work
- increase employees’ purchasing power
- source: Fidal/KPMG Survey for the 50th anniversary of the meal voucher, 2017
- source: Romania, GFK, Vouchers and related services perception study, 2017
- source: Turkey, Boğaziçi University, 2017
- source: ILO, Food at Work, 2005