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Miguel Longo
Chief Financial Officer
Economic State & Development:
Macro-economy – Brazil
Gregory Marrufo
Vice President, Human Resources
Current Economy
o Weak GDP and High Inflation
o Brazilian Income
o Business Comportment
Labor Market
o Productivity
o Changes
o Diversity
Objectives
Source: BC Brasil, Focus Economics, Fazenda.gov, HIS – Global Insight, Niielsen, FecomercioSP
Brazilian macro-economic Scenario
(Data from 2001 to 2011)
Productivity is the factor in the economic growth of a country…
(Data from 2000 to 2008)
Productivity growth
University – age between 25 to 34
What needs to be done to change this scenario?
How productivity increases in a country?
Education
Smarter
More Efficienly
Breaking Paradigms
Redesign Work
Best Investment
(annual values in thousands dollars)
Multinationals are loosing their executives to Brazilian companies…
Executives in Brazil receive the highest salaries and bonus in the world...
727
456
The middle value about salaries…
(annual values in thousands reais)
Source: Revista Você RH – 15/05/2012 / 25/10/2012 / Grant Thornton