MODEC : Brazil Pay Equality and Transparency Report
April 01, 2024 at 04:52 am EDT
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Apr. 1, 2024
Reinforcing our commitment to transparency and in compliance with Law No. 14,611/2023, known as the Brazilian Equal Pay Law, and the Brazilian Ministry of Labor's Ordinance No. 3,714 to Decree No.11,795 of 2023, we publish the salary equality reports of MODEC Serviços de Petróleo do Brasil Ltda offices with more than 100 employees: Rio de Janeiro, Santos and Macaé (including the office, base and all offshore units).MODEC emphasizes that the documents were prepared directly by the Ministry with data from 2022 and the methodology used may not reflect the most recent dynamics of the company.
Rio de Janeiro - 2024[PDF:209KB]
Santos - 2024[PDF:204KB]
Macaé - 2024[PDF:225KB]
MODEC promotes diversity and inclusion initiatives in the job market and reinforces that the topic is part of the company's business strategy through the Mid-term Business Plan 2024-2026.
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Ministry of Labor and Employment
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MODEC, INC. is a Japan-based company engaged in design, construction, installation and sales of floating offshore oil and gas production facilities, including floating production, storage and offloading system (FPSO), floating storage and offloading system (FSO) and tension leg platform (TLP), to oil developers. It is also engaged in leasing of its products, provision of operation services, as well as provision of chartered leasing and operation services. It also provides after-sale services, encompassing provision of parts for the Company's facilities and engineering support services.