PRESS RELEASE: Equality in Pay Seal 2024

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PRESS RELEASE: Equality in Pay Seal 2024

by | Thursday, 14 November 2024 | Other, Press Release

equality in pay seal

Madeira Corporate Services II Awarded the 2024 “Equality in Pay Seal”

Madeira Corporate Services II, Unipessoal, Lda, is pleased to announce its recognition by the Commission for Equality in Labour and Employment (CITE) with the esteemed “Equality in Pay Seal” for 2024, awarded for its outstanding practices in promoting pay equity between women and men for work of equal value.

This acknowledgement occurs on an important occasion—National Equal Pay Day—drawing attention to the persistent gender wage disparity in Portugal. Portuguese women, on average, earn 13.2% less than their male counterparts in similar positions, with this disparity rising to 16% when bonuses and regular allowances are considered.

The Equality in Pay Seal receipt highlights Madeira Corporate Services II’s unwavering dedication to tackling these disparities. By promoting a culture centred on equality and fairness, the company plays a significant role in creating a more inclusive and equitable workplace, establishing a standard for organizations nationwide.

President of CITE, Carla Tavares, expressed her appreciation for the recognition: “This award underscores Madeira Corporate Services II’s leadership in advocating for gender pay equity and its commitment to fostering a balanced and equitable workplace.”

Madeira Corporate Services II appreciates CITE for this recognition and reiterates its dedication to gender equality as a fundamental aspect of its mission.

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