Petrobras workers were granted a pay increase in 2003, allowing them to recover inflationary losses. The last time that oil workers got a pay increase above inflation was in 1995.
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Brazil Oil Workers Put Strike Off
Petrobras workers were granted a pay increase....
Brazilian oil workers decided to return to negotiations with state petroleum company Petrobras to try and improve the 12.1% pay offer, postponing a strike which was scheduled for October 19.
The oil union FUP and Petrobras officials met Monday to move ahead with salary and career conditions negotiations. FUP represents 37,000 of the company's 54,000 workers, and wants a pay raise and improved career and pension plans that would apply to 60,000 retired workers.
Besides the 12.1% increase, Petrobras had offered a 7.8% raise to retired workers, claiming that a bigger increase would hurt the company's finances.
Petrobras workers were granted a pay increase in 2003, allowing them to recover inflationary losses. The last time that oil workers got a pay increase above inflation was in 1995.
Petrobras workers were granted a pay increase in 2003, allowing them to recover inflationary losses. The last time that oil workers got a pay increase above inflation was in 1995.
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