Salary reduction programme preserves 1.5 million jobs

In a two weeks of operation, the programme to temporarily reduce wages and suspend work contracts during the pandemic of the new coronavirus (covid-19) has helped preserve 1,543,441 jobs. According to the Ministry of Economy, 384,682 employers have joined the programme. Contract suspension agreements represent 41.4% of the total, which is equivalent to 638,893 jobs. In this modality, employees receive 100% of unemployment insurance while their employment contract is suspended.

Source: Agencia Brasil

Governance of Brazilian companies will be target of global audit

One of the biggest auditoria and consulting companies of the world, Grant Thornton has settled partnership with the Brazilian risk classification and governance agency BR Rating. Together, the two companies should act on the analysis of the corporate governance level and on the structuring of strategic planning to assure the business integrity.

Source: Exame