PRVE aims to leverage the company's results with a focus on meritocracy, aligning Petrobras with market practices.

Petrobras, which was the target of the Lava Jato operation, shows that it turned around in its scenario. The company has been obtaining significant responses in the market that have recently reflected in the pockets of its employees. In order to maintain the objective of optimizing the portfolio and improving the allocation of the company's capital, with a view to generating value for its shareholders, the oil company communicated this Monday, the 26th, the start of the binding phase for the sale of all of its stakes in eight onshore exploration and production concessions.

In an equation involving compliance in management, resumption of market value, auctions and sales of subsidiaries, the billions yielded good extra money for the badge group.

The oil company made so much money that it just paid, in July, in a single lump sum, R$ 1 billion in premiums for the servers.

It is called Variable Compensation, for “employees who had outstanding performance in 2018”, explains the company's advisory.

Also according to the press office, the PRVE “aims to leverage the company's results with a focus on meritocracy, aligning Petrobras with market practices”.

Collective agreement

This Monday, August 26, Petrobras announced that it filed a mediation request with the Superior Labor Court (TST) to try to reach a negotiated solution for closing the Collective Bargaining Agreement (ACT) for the 2019-2020 period.

"The decision was taken by the company after exhausting attempts to reach an agreement in negotiations with union leaders", said the company in a note.

Salary negotiations have already lasted more than three months and Petrobras presented its final proposal on August 8, with a period of 15 days for the unions to hear their bases and return with the answer.

The new proposal was increased by 1% of the National Consumer Price Index (INPC) to 70% of the accumulated INPC from September 1, 2018 to August 31, 2019, according to the advisory.

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