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Portugal Benefit Plans & Programs



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PORTUGAL - LISBON SITE SPECIFIC BENEFIT PLANS & PROGRAMS

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INTRODUCTION

The following table provides you an overall picture of the Benefits Framework under different entities in Portugal. More detailed site specific benefits defined at local will be presented by your Site HR Partner or recruiter.

PORTUGAL 

PORTUGAL - COUNTRY BENEFIT PLANS & PROGRAMS

- APPLICABLE TO ALL SITES


Legal Entity 

Benefit category

Benefit type

Benefit description

Solvay
Syensqo Portugal

Mobility / commuter benefits

Company CarLeasing contract with costs fully supported by the company. For S19 and gradings above.
Solvay
Syensqo PortugalTraditional benefitsMedical Insurance 

Health insurance is valid for a year from July 1st to June 30th. For

2023

2025/

2024

2026 the provider is

Victoria

Multicare -

Future Healthcare

Fidelidade. For more information read the booklets here

: EN version / PT version

Read details about Special Conditions here: PT

.

Important Notes:

Adding Family members:

  • Over 26 years old: 643.79 €/year (53.65 € per month)
  • - 25 years old or younger: 450.65 €/year (37.55 € per month)
  • For family member inclusions the grace period of 3 months will apply.
  • For newborn babies, no grace period is applied when included on the 30 firsts days.
  • Family members that can be included: Spouses and children.
Syensqo
Solvay
PortugalTraditional benefitsLife Insurance

Life Insurance under

Solvay

Syensqo cares agreement.

For 2022 the

The current provider is Allianz.

Life Insurance Flyer: EN version / PT version

Solvay
Syensqo PortugalTraditional benefitsJubilee / Service AwardsEmployees who reach 25 and 40 years of service receive a monetary prize and a commemorative medal at 25 and a watch at 40.
Solvay
Syensqo PortugalPerquisitesLoansThe company provides loans in case of emergency situations. The amount needs to be returned until the end of the year.
Solvay
Syensqo PortugalPerquisites

Solvay Shares ProgramTo be announced soon.
Syensqo Shares Program

This program offers you the chance to become a shareholder and actively participate in the company's growth. It is exclusively available to permanent or fixed-term SYENSQO employees up to the S22 level, in the following participating countries: Belgium, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Netherlands, Portugal, Singapore, South Korea, Thailand, UK, and USA.

Please note that on the share purchase date, employees must be employed by SYENSQO and receiving a salary from the company.

Syensqo
Solvay
PortugalPerquisitesDay off on BirthdayAt
Solvay
Syensqo Portugal employees can have the day off on their birthday. If the birthday is during the weekend or a national holiday, they can choose another day to have off in the 5 following days.
Solvay PortugalTraditional benefitsPersonal Accidents Insurance

For Cadre employees.

For more information on the Lisbon Carnaxide insurance read the policy here.

For more information on the Póvoa de Santa iria insurance read the policy here.

Personal Accidents Insurance Flyer: EN version / PT version

Site

Legal Entity

Benefit category

Benefit type

Benefit description

CarnaxideSolvay Lisbon

Syensqo Portugal

PerquisitesLunch/food allowanceMeal allowance is paid in a card which can be used in restaurants and supermarkets. Currently is
9
10.
60€ Solvay Lisbon
20€ per working day.
Carnaxide
Syensqo PortugalPerquisitesExtralegal (additional) paid
vacation days

According to the Portuguese law: In the 1st year of contract, employees are entitled to 2 days per complete month of contract, in a maximum of 20; Following years: 22 days/year.

At

Solvay

Syensqo Lisbon: Non-term contracts (after 1st year): 25 days/year- meaning 3 extra days, compared to the Portuguese legislation.

CarnaxideSolvay Lisbon
Syensqo PortugalPerquisitesFlextimeThe worked hours above 8 hrs/ day, are accumulated to be taken after as free time. Employees cannot accumulate more than 16h per month. Non-cadre employees.
CarnaxideSolvay Lisbon
Syensqo PortugalPerquisitesFamily assistance10 days
-off/year CarnaxideSolvay Lisbon
for paid family assistance
+ paid sick days until 3 days in a row + all other legally justified and/or paid absences.
per year
Syensqo Portugal
PerquisitesSickness AllowanceWhen the employee is on sick leave the company compensates with a Sickness allowance the salary % not covered by the Social Security
.CarnaxideSolvay Lisbon
+ paid sick days until 3 days in a row + all other legally justified and/or paid absences.
Syensqo PortugalPerquisitesRemote working monthly allowance45€ paid with the salary (gross amount).
CarnaxideSolvay LisbonPerquisitesMobile phoneProject ongoing - more information to be announced soon.CarnaxideSolvay LisbonMobility / commuter benefitsPaid parkingParking in the building garage, for Cadre employees only.CarnaxideSolvay Lisbon
Syensqo PortugalTraditional benefitsWorkplace Accidents InsuranceProvided by
Solvay
Syensqo as required by the Portuguese Law for any personal accidents that occur during working hours. 

PORTUGAL - PÓVOA DE SANTA IRIA SITE SPECIFIC BENEFIT PLANS & PROGRAMS

Site

Legal Entity

Benefit category

Benefit type

Benefit description

Póvoa de Santa iriaSolvay Peróxidos de PortugalRetirementPension / Savings planPension fund to be paid after retirement. Please read the policy here. Póvoa de Santa iriaSolvay Peróxidos de PortugalPerquisitesChildren related benefits - ScholarshipsScholarships are awarded upon request and presentation of supporting documents to employees with children, school-age dependents, and if the employee is a student worker and as long as they are successful in school and have passed the year in accordance with the Regulations. For more information read the policy here.Póvoa de Santa iriaSolvay Peróxidos de PortugalPerquisitesLunch - Subsidised canteenEmployees in this site have access to a canteen with several meal options each weekday. There is a very reduced cost according to a table that takes into account the salary of the employee.Póvoa de Santa iriaSolvay Peróxidos de PortugalPerquisites"Férias Frias" Employees are entitled to a 25% extra payment per day, when they take vacations from November 1st to April 30th (excluding the period from December 20th to January 2nd). The amount is paid in the month after the days off are taken.Póvoa de Santa iriaSolvay Peróxidos de PortugalTraditional benefitsWorkplace Accidents InsuranceProvided by Solvay as required by the Portuguese Law for any personal accidents that occur during working hours.
Syensqo PortugalTraditional benefitsPersonal Accidents Insurance

For Cadre employees.

For more information on the Lisbon insurance read the policy here.

Personal Accidents Insurance Flyer: EN version / PT version



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