Government to negotiate with aggrieved Central Bank workers

The union representing Brazil’s Central Bank employees says the federal government has agreed to meet to discuss pay raises after a successful strike on Thursday.

According to a union press release, less than 30 percent of the monetary authority’s employees nationwide went to work yesterday. Union president Fábio Faiad told The Brazilian Report that about 30 percent of employees are currently on vacation, which means that slightly more than 40 percent actually missed work.

The strike was planned for a single day and is now over.

According to the statement, the strike caused “the cancellation of dozens of meetings,” the postponement of central bank activities and “delays” in the transmission of information to the financial market. 

Union representatives will attend a meeting at the Management Ministry on February 8 to discuss the workers’ demands.

In early 2023, the Luiz Inácio Lula da Silva administration enacted a 9 percent across-the-board pay raise for all federal employees. Last month, the government promised new raises for 2025 and 2026.

The Central Bank and the Management Ministry did not respond to requests for comment.

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 The union representing Brazil’s Central Bank employees says the federal government has agreed to meet to discuss pay raises after a successful strike on Thursday. According to a union press release, less than 30 percent of the monetary authority’s employees nationwide went to work yesterday. Union president Fábio Faiad told The Brazilian Report that about
The post Government to negotiate with aggrieved Central Bank workers appeared first on The Brazilian Report.