The institution provides a sustainable financial basis for setting up a successful and effective prevention programme. The board and management take the necessary decisions to provide the required financial resources.
Guideline code
PREV_00800
Mechanism
Mechanism
- The board and management should understand that a social security institution’s investment in prevention services should be financed by the general contributions of the members.
- The management should establish a detailed annual budget for prevention services, including for staff and for internal infrastructure and product costs (print media, electronic media, campaigns, training, safety models, etc.).
- The management should submit the annual budget to the board for approval.
- The management should introduce a reliable internal or external monitoring system to oversee the implementation of the approved budget.
- The management should ensure that internal and external benchmarks are used to continuously assess the efficient use of funds.
- The management should ensure that use of the budget and the effectiveness of prevention activities are tracked continuously.
- The management should communicate the institution’s commitment and investments in prevention services to members and stakeholders in order to guarantee transparency and support the efficiency of the measure.
Structure
Structure
- The board should take the necessary decisions to ensure a sustainable financial basis to underpin prevention services.
- The board should commit to the allocation of a budget sufficient to conduct prevention services, in order to reduce future expenditure on rehabilitation and compensation.
- The board and management should communicate this investment to all stakeholders.
Title HTML
Guideline 5. Provision and management of financial resources
Type
Guideline_1
Weight
12