E&M
2025/2
Employee Engagement and Turnover. The Strategic Role of Corporate Welfare
Based on a diverse sample of companies in Italy, we analyze the relationship between the main elements of corporate welfare (e.g., investments, services, and a structured plan) and the level of employee engagement. We also explore how this affects the net employee turnover, that is, the difference between incoming and outgoing employees. Our results indicate that a holistic approach to corporate welfare, characterized by a well-defined plan, carefully selected benefits, and adequate per capita investment, is associated with higher employee engagement and an improved balance in net turnover.