Petrobras made the offer last week. Apart from the 10.7% wage hike, the oil group is also proposing to "promote" all employees to a higher salary bracket, which would add another 5% to their revenue.
The union doesn't consider the 5% a salary increase and found the offer unacceptable. Workers are demanding a 15.5% readjustment to compensate for inflation, plus a 6.8% hike which would count as their share of the company's productivity gains in the period.
Brazil's oil workers went on a 24-hour warning strike in early September to ask Petrobras for the 22.3% pay increase.
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