This is a Trust set up by a company to cater for the welfare of its Staff, to ensure that their welfare demands are met as at when due. The welfare needs covered may include housing, land acquisition, offshore training and other motivational packages that help build employees drive and zeal to participate in the development of the company.
- Periodic reports of Fund under management.
- High return on investment.
- Fund Management by qualified professionals.
- Veritable tool for staff retention and loyalty.
- The Fund is set aside and is not co-mingled with operational Funds.