The private medical care plan allows all the Group employees equally to have access to basic and specialist medical consultations, detailed diagnostic tests and prevention programmes. Additionally, employees may purchase healthcare packages for their immediate family members. After their employment ends, retired employees may also continue their private medical care plan on preferential terms.
Social benefits
[GRI 401-2] Bank Millennium Group employees are offered the same social and financial benefits regardless of the type of the employment agreement (for a definite/indefinite term) and the working time (part-time/full-time). The amount and scope of benefits depend on the employee’s life and financial situation. A private medical care plan is offered to employees employed for at least one half of a full time equivalent. The range of the plan varies for different positions.
The Bylaws of the Company Social Benefit Fund regulate the Bank’s social activity. According to these Bylaws, the Bank pursues the following initiatives:
- conducting leisure, cultural, sporting, recreational and tourist activity,
- organising events and group meetings,
- providing material or financial assistance,
- providing financial assistance in individual events of chance, a particularly difficult financial, family or life situation (financial assistance that does not have to be repaid), also in states of emergency or epidemiological risks.
Companies tap into the social benefits offering offered by the Bank but they finance it using their own Social Benefits Funds.
Under their social assistance the Bank and Companies offer assistance to employees who are in a particularly difficult financial, family or life situation.
| Benefits awarded to Bank employees | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Financial assistance (PLN) | 517,320 | 388,550 | 316,800 | 452,200 |
| Number of employees who received financial assistance | 122 | 120 | 100 | 133 |
Employees may join a group life insurance on preferential terms. The insurance covers life and health of the insured and their family members. Six insurance variants are available so that everyone can match the offer to their needs.
| Life insurance | Bank 2021 | Group 2021 | Bank 2020 | Group 2020 | Bank 2019 | Group 2019 | Bank 2018 | Group 2018 |
|---|---|---|---|---|---|---|---|---|
| Number and % of employees who took advantage of the offer | 3,120 | 3,267 | 2,840 | 2,982 | 2,915 | 3,067 | 2,940 | 3,100 |
| (47%) | (46%) | (45%) | (44%) | (49%) | (48%) | (50%) | (49%) |
[GRI 403-6] A new benefit in the form of a purchasing platform where online purchases can be made with the Social Fund’s resources was launched in 2021. On the platform, the employee can use more than one thousand various benefits related to tourist, cultural, sports and recreational services. The employee can choose the benefits of interest to them and use them at any place and time. The platform offers also the MultiSport card, which gives the employees comprehensive access to various sports activities, such as swimming pool, gym, fitness, squash, dance and yoga classes, combat sports and climbing wall. The card provides employees with an opportunity to live a healthy and active life. They can also purchase a card for their relatives on specially negotiated pricing terms.
Before Christmas, employees can count on financial support in the form of a Christmas benefit. The benefit amount varies depending on a given employee’s financial situation.
The pandemic forced the Bank to develop new solutions. In 2021, it was not possible to execute social projects, such as trips and meetings, which the Bank had organised for employees for many years. Therefore, a cash benefit for low-income persons was introduced to the formula of the Company Social Benefit Fund. The benefit was intended as a financial support for the employees whose financial situation became difficult as a result of the pandemic.
In the face of the expanding coronavirus pandemic, the Bank Millennium Management Board decided to continue the Special Support Fund for Employees, which was established in 2020. The Fund received a contribution of PLN 1,000,000 from the Bank’s own cash. The Fund provides financial assistance in the form of a non-refundable hardship assistance in the form of cash to the Bank Millennium Group employee and their immediate family members (spouses, partners, children) who have been infected with coronavirus. The amount of the support depends on the needs presented by the employee in their application.