Portugal Benefit Plans & Programs
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.
- Site-specific summary of Benefits
PORTUGAL - COUNTRY BENEFIT PLANS & PROGRAMS
Legal Entity | Benefit category | Benefit type | Benefit description |
|---|---|---|---|
| Syensqo Portugal | Mobility / commuter benefits | Company Car | Leasing contract with costs fully supported by the company. For S19 and gradings above. |
| Syensqo Portugal | Traditional benefits | Medical Insurance | Health insurance is valid for a year from July 1st to June 30th. For 2025/ 2026 the provider is Multicare - Fidelidade. For more information read the booklets here. Important Notes:
|
| Syensqo Portugal | Traditional benefits | Life Insurance | Life Insurance under Syensqo cares agreement. The current provider is Allianz. Life Insurance Flyer: EN version / PT version |
| Syensqo Portugal | Traditional benefits | Jubilee / Service Awards | Employees who reach 25 and 40 years of service receive a monetary prize and a commemorative medal at 25 and a watch at 40. |
| Syensqo Portugal | Perquisites | Loans | The company provides loans in case of emergency situations. The amount needs to be returned until the end of the year. |
| Syensqo Portugal | Perquisites | 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. |
| Syensqo Portugal | Perquisites | Day off on Birthday | At 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. |
Syensqo Portugal | Perquisites | Lunch/food allowance | Meal allowance is paid in a card which can be used in restaurants and supermarkets. Currently is 10.20€ per working day. |
| Syensqo Portugal | Perquisites | Extralegal (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 Syensqo Lisbon: Non-term contracts (after 1st year): 25 days/year- meaning 3 extra days, compared to the Portuguese legislation. |
| Syensqo Portugal | Perquisites | Flextime | The 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. |
| Syensqo Portugal | Perquisites | Family assistance | 10 days for paid family assistance per year |
| Syensqo Portugal | Perquisites | Sickness Allowance | When the employee is on sick leave the company compensates with a Sickness allowance the salary % not covered by the Social Security + paid sick days until 3 days in a row + all other legally justified and/or paid absences. |
| Syensqo Portugal | Perquisites | Remote working monthly allowance | 45€ paid with the salary (gross amount). |
| Syensqo Portugal | Traditional benefits | Workplace Accidents Insurance | Provided by Syensqo as required by the Portuguese Law for any personal accidents that occur during working hours. |
| Syensqo Portugal | Traditional benefits | Personal Accidents Insurance | For Cadre employees. For more information on the Lisbon insurance read the policy here. Personal Accidents Insurance Flyer: EN version / PT version |
Date last updated:
