The employees of Jalles Machado and Otávio Lage Unit receive, today, February 20th, the amount corresponding to the Profit Sharing Program, PPR 2018. In total, 3 million and 356 thousand reais are being distributed to 3,612 employees according to the scope of global (for all the company), sectional and individual goals.
The CEO, Otávio Lage de Siqueira Filho, points out that the PPR is a way to recognize and value the commitment of employees. “Jalles was one of the first plants to implement the PPR and, since 1991, has maintained the Program as a way to encourage and value the employees. It is the recognition of the efforts of each one, the achievement of goals and good results for the Company", he explains.
What is PPR?
The Profit Sharing Program is a management tool that aims to stimulate employees' involvement and commitment to performance in the company, through actions that promote improvement in overall results, production and quality.
On the other hand, employees have the possibility to receive up to an additional base salary when the pre-established goals are met or exceeded.
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