Should Labour win the upcoming March election, with all surveys indicating this will happen, Prime Minister Robert Abela’s Government would offer tax credits to businesses with women in leadership roles, he said on Monday evening.
He said that his party in Government would offer up to €50,000 in tax credits to businesses that reach a specific threshold of women in senior management roles.
In addition, a Labour Government would also partially cover salaries for women aged 40 and over who are joining the workforce for the first time, covering 30 per cent of their salaries, up to €6,000 for three years.
The pledges were made one day before International Women’s Day, celebrated on 8th March.
Maltese women return to work
Malta has historically seen lower female representation in the workforce compared to other EU member states, but has seen significant ground made in this regard. In 2010, around 35 per cent of women made up Malta’s workforce, climbing to around 43 per cent by 2020, according to official national statistics.
In 2019, a total of 102,484 women in Malta were employed, amounting to around 49 per cent of Malta’s female population aged 15 and over.
The independent voice for business lays out its strategy to improve the country's economy
Payments will be given to those affected for more than six hours, between 17th and 27th July
The proposals focus on enhancing the efficiency of public sector activities