We advised Bitė Lietuva, a leading telecommunications company, on implementing a new employee motivation system. Under the new system Bitė will put an extra 250 thousand euro each year towards the third-step pension savings accounts of their employees.
Care for employees
Bitė Lietuva has won the CV Online TOP employer award for the third year in a row, as a result of constant striving to improve the livelihoods of its employees and the benefits they receive.
Says Pranas Kuisys, the executive director of Bitė Lietuva, on being asked about the importance of the additional motivation to employees, clients and the company: “We aim to have employees feeling good not only at work, but at home too, which is why we have extra holidays, discounts on services, and are also insured for health, travel and work insurance. And now we have also started forming a third level – ensuring financial security”.
Our services and team
We advised Bitė Lietuva on legal issues concerning signing a deal with pension fund company INVL Asset Management, drafting agreements with employees, internal policy and other questions related to the project.
Our team consisted of partner Augustas Klezys with senior associates Agnietė Venckienė, Dalia Augaitė and Rasa Mikutienė.