Santander will pay the PLR ​​on the 29th, in addition to the semi-annual variable and PPRS

Santander announced that it will credit the PLR ​​index on February 29, along with the semi-annual variant and the PPRS, which this year will be R$2,902.00.

“The PPRS is an important achievement for Santander workers, the result of negotiation by the union movement and guaranteed in the Santander Collective Labor Agreement,” emphasizes Wanessa de Queiroz Baixao, coordinator of the Santander Employees Organizing Committee and Executive Director of Fetec-CUT/SP.

As a PLR, employees who earn up to R $ 11,000 will receive 2.2 salaries, plus the additional premium.

“It is good news for the bank employees, especially those who receive up to R$11,000, as the bank will maintain the payment of 2.2 salaries plus the additional premium, despite being affected by the increase in PDD and lower results. Over the next few days we will provide a simulator in which the bank employees will be able to By simulating the amount they will receive.

The profit and loss ratio for the bank's employees is determined by the bank's annual profit, and payment is made in two installments, the first being deposited until September 30 (in advance), and the second until March 1 of the following year, when Santander's profits are already consolidated. .

The second installment of the profit and loss ratio of bank employees is calculated by the formula “Home Base Minus Down Payment”.

In addition to the basic/home rule, there is also a distribution of 2.2% of net profit on a linear basis to all workers, with a cap set in each negotiation.

PLR Santander 2024 is an achievement for the Federation

The right to collective labor for bank employees constitutes an important achievement for this category – along with the trade union movement – which was the first to guarantee this right in the National Collective Labor Agreement, in 1995.

Since then, the banking profit and loss ratio has undergone many modifications and improvements, resulting in increasingly higher values. Nothing is fairer, because the profits of financial institutions are built on everyone's workforce. Through the profit and loss report, a portion of this profit is allocated to workers, who can thus increase their annual wages.

Impact on the economy

The PLR ​​for bank employees 2023, referring to the fiscal year 2023, which is already considering the final payment until March 2023, will inject about R$ 7.8 billion into the economy nationwide. Estimates are taken from the Department of Statistics and Inter-Union Social and Economic Studies (Dieese).