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 - APPLICABLE TO ALL SITES
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 2023/ 2024 the provider is Victoria- Future Healthcare. For more information read the booklets here: EN version / PT version Read details about Special Conditions here: PT |
| Syensqo Portugal | Traditional benefits | Life Insurance | Life Insurance under Syensqo cares agreement. For 2022 the 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 | To be announced soon. |
| 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 | Traditional benefits | Personal 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 |
PORTUGAL - LISBON SITE SPECIFIC BENEFIT PLANS & PROGRAMS
Site | Legal Entity | Benefit category | Benefit type | Benefit description |
|---|---|---|---|---|
| Carnaxide | Syensqo Lisbon | Perquisites | Lunch/food allowance | Meal allowance is paid in a card which can be used in restaurants and supermarkets. Currently is 9.60€ per working day. |
| Carnaxide | Syensqo Lisbon | 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. |
| Carnaxide | Syensqo Lisbon | 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. |
| Carnaxide | Syensqo Lisbon | Perquisites | Family assistance | 10 days-off/year for paid family assistance + paid sick days until 3 days in a row + all other legally justified and/or paid absences. |
| Carnaxide | Syensqo Lisbon | 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. |
| Carnaxide | Syensqo Lisbon | Perquisites | Remote working monthly allowance | 45€ paid with the salary (gross amount). |
| Carnaxide | Syensqo Lisbon | Perquisites | Mobile phone | Project ongoing - more information to be announced soon. |
| Carnaxide | Syensqo Lisbon | Mobility / commuter benefits | Paid parking | Parking in the building garage, for Cadre employees only. |
| Carnaxide | Syensqo Lisbon | Traditional benefits | Workplace Accidents Insurance | Provided by 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 iria | Syensqo Peróxidos de Portugal | Retirement | Pension / Savings plan | Pension fund to be paid after retirement. Please read the policy here. |
| Póvoa de Santa iria | Syensqo Peróxidos de Portugal | Perquisites | Children related benefits - Scholarships | Scholarships 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 iria | Syensqo Peróxidos de Portugal | Perquisites | Lunch - Subsidised canteen | Employees 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 iria | Syensqo Peróxidos de Portugal | Perquisites | "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 iria | Syensqo Peróxidos de Portugal | Traditional benefits | Workplace Accidents Insurance | Provided by Syensqo as required by the Portuguese Law for any personal accidents that occur during working hours. |
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