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Embraer says most Brazil unions agree to 5pc raise in 2017

Published November 28, 2016 Updated November 28, 2016 07:44pm

1 min

By Fawad Maqsood

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SAO PAULO: Brazilian planemaker Embraer SA on Monday said unions at most of its operations in Brazil had signed collective bargaining agreements, however a metalworkers union at its biggest factory had held off on formalizing the deal.

Embraer said unions in Botucatu, Gavi?o Peixoto, S?o Paulo, Sorocaba and Taubat? had agreed to the deal granting a one-time fixed bonus of 4,000 reais ($1,175) per worker and a 5 percent salary raise starting in January 2017.

The company said workers in S?o Jos? dos Campos, where it makes commercial jets, have approved terms of the deal but the union has not yet signed.

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