Luxottica is expanding its welfare program.

On Wednesday, the Italian eyewear manufacturer giant signed an agreement with trade unions updating the welfare system for the company’s 8,000 employees working in Luxottica’s seven factories and in its Milan headquarters.

“This agreement represents an additional step toward the introduction of innovative and flexible methods to protect employees,” stated Piergiorgio Angeli, Luxottica human resources operations and industrial relations director. “When companies and trade unions collaborate to benefit both the employees and the company, to improve people’s lifestyle and work, it’s always possible to find a proper meeting point.”

Established in 2009, the welfare program now includes an increased support to young people living in the areas where Luxottica operates. Among the different activities, the company will double the number of scholarships annually offered, increasing their value by 60 percent; it will reimburse university tuition fees to all employees whose college-enrolled children have a 29/30 grade point average; and it will finance credit recovery classes for the all students attending schools in Luxottica’s area.

The updated welfare program also reinforces the health care system, introduces a psychological counseling service for employees and their families, and establishes a micro-credit project for employees in financial difficulty.

In addition, Luxottica has recently introduced a new public transportation service for the employees working in the Agordo factory and has offered workers the chance to pay their bus passes through installments.

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