In January 2020, we introduced new regulations for employee benefits offered by Agora and its group companies which jointly manage the Company Employee Benefits Fund (CEBF).
The Company Social Benefits Fund is created mainly from: annual basic write-off, additional write-offs from net profit to be distributed, if they are adopted by the Ordinary General Meeting of Shareholders, donations and bequests of natural and legal persons, interest on its funds, interest income from loans granted to employees for residential purposes.
The Fund resources are allocated to:
- financial assistance in the acquisition and use of apartments or residential buildings;
- material aid – in-kind or financial assistance;
- support of leisure activities;
- sport and recreation;
- cultural and educational activities;
- other social activities.
Benefits from the Social Benefits Fund may be granted to employees, pensioners and annuitants – former employees employed immediately before their retirement or annuity, as well as their families.
The amendment of the benefit regulations introduced a new benefit system and a new platform for handling related matters – NAIS. Since January 2020, all benefit-related matters have been handled by the NAIS platform, which enables applicants not only to manage their benefits (including making use of healthcare, sports, cultural and similar offers), but also to check the progress of a given case or submitted application.
Since 2020, Agora's employees have also been able to benefit from a purchasing offer thanks to the Edenred card. The cards are regularly charged with funds the amounts of which depend on the employees' financial situation. The broad offer includes i.a. discounts and promotional prices for cinema, concert and theatre tickets, tickets for cultural and sporting events (matches or spectacles), as well as a range of sports and recreational services, services and camps for children, SPA visits or in-store promotions.
The benefits available to employees also include the MultiSport card and access to private health care in the LUX MED Group. Employees may also benefit from attractive discounts on the Agora Group's product offer.
Table: Amounts of subsidies for individual categories disbursed from the Social Fund in 2021:
Kwoty dofinansowania poszczególnych kategorii z Funduszu Świadczeń Socjalnych w 2021 r.
Type of subsidy |
Number of beneficieries |
Total ammount of subsidy in PLN |
Health assistance grants |
184 |
450.9 |
Childbirth allowances |
35 |
50.2 |
Funeral allowances |
57 |
159.0 |
Subsiding of leisure activities |
1 596 |
1 033.3 |
Subsiding of children’s leisure activity |
529 |
514.0 |
Edenred |
1594 |
904.3 |
MultiSport |
181 |
25.7 |
Subsidy for pensioners |
185 |
110.0 |
Sport |
number of beneficiaries not specified |
7.1 |
Housing loans |
62 |
1 916.0 |
Social assistance (COVID-19) |
138 |
280.6 |
Social assistance |
1 |
3.0 |
Total |
|
5 445.5 |
Data from HR department of Agora S.A.
Table: Amounts of subsidies for individual categories disbursed from the Social Fund in 2020:
Kwoty dofinansowania poszczególnych kategorii z Funduszu Świadczeń Socjalnych w 2020 r.
Type of subsidy |
Number of beneficieries |
Total ammount of subsidy in PLN |
Health assistance grants |
188 |
337.7 |
Childbirth allowances |
59 |
91.7 |
Funeral allowances |
54 |
166.4 |
Subsiding of leisure activities |
959 |
720.8 |
Subsiding of children’s leisure activity |
320 |
14.7 |
Edenred/MultiSport (1-2Q2020) |
1 446 |
434.0 |
Benefit/MultiSport points |
2 226 |
no data |
Subsidy for kindergarten |
251 |
33.0 |
Subsidy for pensioners |
185 |
110.1 |
Subsidy for child-care |
10 |
3.4 |
School equipment |
451 |
9.5 |
Relief and emergency assistance |
8 |
6.0 |
Sport (until April 2020) |
number of beneficiaries not specified |
104 |
Housing loans (until April 2020) |
75 |
1 009.5 |
Social assistance (until April 2020) |
323 |
647.4 |
Total |
|
3 688.2 |
Data from HR department of Agora S.A.
In 2020, the value of aid paid out from the Social Benefit Fund amounted to PLN 3 688 182. In 2021, this amount increased, mainly due to the higher value of housing loans disbursed, subsidies for children's leisure acitivty, Edenred and MutiSport cards (in 2020 they were financed only for half a year), as well as the creation of a special allowance for people, whose financial situation has significantly worsened as a result of the COVID-19 pandemic.