The possibility of guaranteeing an overall state of well-being for all citizens is increasingly limited and limiting for the State.
Therefore - in this context - Public and Private Welfare must establish a collaborative and compensatory dialogue , to promote the overall well-being of the community: both in the workplace (Corporate Welfare) and socially.
We therefore understand better what exactly Public Welfare is, what it includes and what changes between Public, Private and Corporate Welfare : what are the shared ideals and what are the basic technical differences.
What is Public Welfare?
Public Welfare, or simply Welfare , refers to the social protection system put in place by a government to ensure the well-being and economic security of its citizens.
This system may include a variety of public services and programs, including health care, unemployment benefits, pensions, social assistance, public education, and other support programs.
The goal of public welfare is to reduce poverty, promote social justice and ensure a minimum level of well-being for all members of society , especially for those who are vulnerable or in economic difficulty.
In essence, Public Welfare is designed to progressively improve the living conditions of citizens, i.e. their welfare state (translated as "State of well-being" , a term that came into use in the UK during the Second World War and today translated into Italian as welfare state - with a negative nuance - or social state ).
To do this, Public Welfare aims to ensure all citizens:
- a minimum standard of living;
- safety in the presence of unfavorable natural and economic events of various kinds;
- the possibility of using some fundamental services, such as education and healthcare.
At an economic level , public welfare can be financed through taxes and managed by the central government, local governments or specialized public bodies.
In many countries, Public Welfare is a fundamental element of social and economic policy and often reflects society's priorities and values regarding solidarity and the protection of the weakest citizens.
However, there are significant variations in welfare systems between different countries, in terms of the extent of services offered, methods of financing and approaches to the distribution of aid; therefore, public welfare alone is often not enough, because it is unable to support people's requests and needs!
What changes between Public and Private Welfare?
Public Welfare and Private Welfare differ mainly in the entity responsible for providing services and benefits.
- Public Welfare
● It is managed and financed by the government or public bodies.
● Services and benefits are offered to all citizens or to certain categories of citizens based on criteria defined by law.
● The resources to finance public welfare come mainly from taxes and can be distributed through centralized or decentralized government programs.
● Examples include public healthcare, unemployment benefits, state pensions, and social assistance.
- Private Welfare
● It is managed and financed by non-governmental organizations, such as companies, religious organizations, foundations, or by individuals themselves.
● Services and benefits are often offered on the basis of voluntary membership or the payment of premiums or membership fees.
● The resources to finance Private Welfare come from different sources, such as member contributions, donations, investment income or other forms of private financing.
● Examples include company pension plans, private health insurance, charitable foundations and voluntary organisations.
Furthermore, Public Welfare often focuses on the provision of basic services to guarantee a minimum level of well-being for all citizens, while Private Welfare can offer more differentiated and personalized services based on the needs and financial capabilities of individuals.
Why does public welfare fail to support people's demands and needs?
Today, public welfare alone is unable to support people's requests and needs due to a series of problems, including the lack of resources, an extremely cumbersome bureaucracy and regulations that are difficult to interpret.
The reduced funding for public welfare programs is undoubtedly one of the most limiting causes in this sense.
At the same time, a growing demand for services , dictated by demographic, economic or social changes, putting further pressure on existing social protection systems.
For example, an aging population can increase demand for healthcare and elder care services, while economic downturns can lead to increased unemployment and claims for unemployment benefits .
complex bureaucratic and administrative processes further slow down the distribution of benefits and increase operating costs, limiting beneficiaries' access to the services they need and leading to wasted resources.
There are also notable disparities between countries and regions in financing and access to welfare services: some countries may invest more in their welfare system, ensuring broader coverage and higher quality of services, while others may be limited by scarcer financial resources or different political priorities.
In summary, Public Welfare may face challenges in providing adequate support due to financial constraints, bureaucratic complexity, demographic and economic changes, disparities in funding and access, coupled with ineffective planning and policies.
Addressing these challenges clearly requires continuous commitment from governments to improve the efficiency, transparency and equity of social protection systems.
Are private welfare and corporate welfare the same thing?
No, Private Welfare and Corporate Welfare are not the same thing, but they can be considered a subset of each other and both fall within the sphere of NON-Public Welfare.
The differences are very simple: Private Welfare includes Corporate Welfare but is not limited to it.
For example, Private Welfare also includes a variety of non-governmental organizations and individuals who provide social services and benefits, while Corporate Welfare is specifically linked to the benefits offered by companies to their employees.
It can also include health care, wellness programs, pension plans, insurance, consulting services, training and professional development, and other non-wage benefits, but it is a voluntary activity of businesses and can vary considerably from company to company. another, both in terms of extension of the benefits offered and delivery methods.
The main objective of Corporate Welfare is to improve the well-being of employees , increase satisfaction in the workplace and thus also increase their loyalty and productivity.
In light of what has been said so far, Private Welfare and specifically Corporate Welfare are progressively moving closer to Public Welfare, to make up for its shortcomings , but the dialogue between these 2 worlds - for the same reasons already mentioned - is not always simple. .
Our Welfare Eudaimon's concept of Corporate Welfare , is based on the certainty that this bond is indispensable and essential, to create a healthy, positive and balanced working environment .
This is where Euty comes into play.
Euty: the app to connect public and private welfare
Starting from the assumption that the in-depth analysis of the user's needs, the correct information on possible solutions and the accompaniment to the most suitable one are indispensable components of corporate welfare, the Euty App can offer a timely response to this critical issue, creating a bridge between Public and Private Welfare, informing, educating, involving, orienting and offering services, inside and outside the company.
The company can become a point of reference for workers, responding to their support needs.
Disaffection at work is now an increasingly widespread phenomenon and the scenario described by the 7th Censis-Eudaimon Report confirms this.
If we add to this already complex context the fact that - as we were saying - public welfare is mostly inaccessible to many, it becomes clear how fundamental an innovative approach is to satisfy people's needs and better organize company resources.
Euty therefore represents a tool capable of concretely helping your people to face the small big changes in life , offering: training contents, bureaucratic procedures, advice, indications and specific services.
In an increasingly complex and changing world, what we all need is a form of facilitation : a smart way to get correct answers and information, find solutions and understand the dynamics.
Simple, clear. Euty!