Phase: Management
  • Advice
  • Employment incentive
  • Income support for workers
  • Matching/Networking
  • Start-up support
  • Training
Last modified: 03 August, 2021
Native name:

Fondi bilaterali di solidarietà o di supporto all'occupazione

English name:

Bilateral solidarity and occupational redeployment funds


Several sectoral funds were established over the last two decades to support employees of companies facing restructuring and redundancies and the creation of new and stable jobs. Beneficiaries are employees of companies facing restructuring and possible redundancies or the companies themselves which want to create new employment. Benefits are restricted to companies which have signed the framework agreement instituting the funds, and their employees.

Main characteristics

These funds promote socially responsible entrepreneurship and bring together different stakeholders (trade associations and unions, institutions, employment services and company representatives) to join forces to support workers’ transition into new careers and the creation of stable jobs. Examples of provisions granted by these funds are:

  • training and requalification programmes;
  • personalised assistance in finding new jobs;
  • incentives to permanent hirings.

Currently, there are two active funds, one in the pharmaceutical and one in the banking sector.

Welfarma, for example, offers to workers dismissed by companies belonging to the scheme assistance in finding employment either in the pharmaceutical industry or similar industries, in other economic sectors, or in starting a business. It was established in 2008.

The national fund for supporting employment in the credit sector was founded in 2012 and provides incentives up to €60,000 to companies willing to hire workers in the sector on a permanent basis (with open-ended contracts).


  • National funds
  • European funds
  • European Funds (ESF)
  • Employees
  • Employer

Involved actors

National government
The Ministry of Labour and Social Policies partially funds some of these programmes and through its technical agency ItaliaLavoro supports their activities (in the case of Welfarma).
Public employment services
Public employment services administer active labour market provisions.
Employer or employee organisations
Employer associations and trade unions define the characteristics of the instruments through national agreements.
Individual companies organise ouplacement programmes together with PES.


According to an evaluation of the pilot phase of the Welfarma scheme founded in 2008 (2009-2011), 625 workers took part to the initiative; out of these, 275 found a job as a result of their participation and 115 workers have undergone training and counselling.

According to the industry trade union FISAC-CGIL, since 2012 the fund financed the hiring of over 18,000 workers in the sector.


No information available.


No information available.


Examples include the fund Welfarma, established in 2008 in the pharmaceutical industry, and the National fund for supporting employment in the credit sector (Fondo Nazionale per il Sostegno all'Occupazione nel Settore del Credito) created in 2012 in the banking sector.
Useful? Interesting? Tell us what you think. Hide comments

Eurofound welcomes feedback and updates on this regulation

Add new comment