RETRIBUZIONE PREMIALE, WELFARE E SOSTENIBILITÀ D’IMPRESA.

The paper examines the evolution of incentive remuneration and corporate welfare in the context of corporate sustainability, interpreting incentive pay as a bridge that links economic performance, social rights protection, and environmental responsibility. It explores the legal, regulatory, and fiscal foundations of the institution, in continuity with the development of European law, which can guide companies towards responsible and participatory governance models. By analysing the role of collective bargaining, the study shows how incentive mechanisms (green and social bonus) can operate as tools of sustainable governance, integrating productivity, workers’ well-being, and ESG goals. Empirical evidence from company-level agreements confirms a growing trend towards incorporating environmental objectives, organisational innovation, and work quality among performance criteria. In this perspective, remuneration acquires a participatory and proactive function, combining efficiency with social cohesion and anticipating a model of “negotiated sustainability.” Finally, the paper focuses on Law No. 76/2025 implementing Article 46 of the Italian Constitution, which, by promoting structured forms of managerial, financial, and organisational participation of workers, represents a significant step towards the institutionalisation of participation as a driver of sustainable development and the democratisation of industrial relations.