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Participation
We encourage employees to be actively involved in their personal development. Gerdau provides the environment and tools to foster employee development.
We value the practice of delegating tasks to employees and teams.
Involvement, participation, and full dedication are important characteristics of our work environment.
We encourage all employees to develop their entrepreneurial spirit and feel personally responsible for results.
Trust
The company's relationship with our employees is characterized by understanding, trust, and mutual commitment.
We give absolute priority to direct, trusting relationships with our employees, and resort to third parties to resolve conflicts only when necessary.
Transparency
We provide and value an environment of transparency and freedom of expression in employee relations.
Information
We communicate information to our employees first. When we are legally required to disclose information to external publics, we communicate to other stakeholders and employees simultaneously.
Development
Gerdau's growth and success depend directly on the development of our employees. All employees should be actively involved in their personal development, with the organization providing the tools and environment to foster their success.
We understand that personal development is not limited to work and business activities. We also encourage civic responsibility in our communities.
Privacy
We respect our employees' privacy and do not disseminate information about them without their consent.
Hiring and Dismissal
Our employees are the company's most important asset and our primary investment.
Generally, we restrict the hiring of family members.
Since it is a difficult process for both sides, dismissing an employee is treated with respect and dignity.
Retirement
We support people in such a way that their retirement is seen as a natural part of their working life and is prepared for and treated in a positive way.
The retirement of an employee should not end the emotional and historical ties that we have with that person.
Unions
We encourage constructive relationships with organizations that represent employers and employees, thus favoring the continual improvement of our workplace relations.
Profit is vital for the company's survival and is a decisive factor in the socioeconomic development of the countries in which we operate: it generates jobs, taxes, and higher income for the workforce, reducing inequalities and increasing purchasing power and sharing of wealth.
Frank dialogue, openness to various points of view and respect for each person's position characterize our approach to negotiations with our employees.
Compensation
Our compensation system aims to be challenging and to value individuals and teams, rewarding their performance and their specific contributions.
Workplace Health and Safety
For the Gerdau Group, the individual as a whole is our first priority.
We train our employees and require that they follow the Gerdau Group Health and Safety Policies.
No emergency, production situation or result can justify jeopardizing our employees' safety.
We provide our employees with appropriate installations, methods, and protection equipment to ensure a safe and healthy working environment.
We adopt a preventive approach to drug and alcohol dependency, and provide resources and support for the employee's recovery.
Care and Zeal
In their daily activities, our employees exercise the same care with the company's assets as they exercise with their own property.
All employees always act in accordance with these Ethical Guidelines, whether they are working with internal or external clients.
Personal Conduct
Our employees uphold standards of conduct that reflect their personal and professional integrity, in keeping with their ties with the company and the society.
Our employees represent the company to the public and the press only when authorized to do so. They protect the company's reputation.
Conflict of Interests
Employees carefully evaluate situations that may present conflicts of interest with the company, carrying out activities with company resources, assets, services or credits exclusively for the company's benefit.
All employees inform their leaders when a particular situation may interfere or conflict with the company's interests, explaining its nature and extent.
Employees only participate in external professional activities that will not harm the company and that do not involve the use of Gerdau's intellectual property.
Information Technology
When using technology, our employees follow relevant legislation, ethics, integrity and community standards, abstaining from using unauthorized resources.
All employees follow the company's Information Technology Security Policy when using technical resources.
Presents and Gifts
Our employees do not make donations at the expense of the company. They do not give or accept any direct or indirect personal advantage from the exercise of their responsibilities, with the exception of gifts of negligible value. Such gifts are generally distributed for advertising purposes.
Loyalty
Employees are loyal to the company. Regardless of whether it impacts company, our employees do not use privileged information about our commercial opportunities to benefit themselves or others.
Safety Policy
All employees abide by the Gerdau Group Safety Policy.
All employees take care of their own safety and that of their co-workers and team members.
Our employees make an effort to identify unsafe tasks and take responsibility for ensuring that the problem is corrected.
Information
Our employees do not discuss the company's business, maintaining the confidentiality of all information that has not yet been announced publicly. They also protect information about customers, vendors and other third parties that they obtain as a result of their functions. They do not use confidential information to benefit themselves or other in any way.
Information is an essential asset in the company's business process. Private information is only announced with the authorization of the Board. Every employee who has access to such information takes the necessary care not to disclose it, even involuntarily, to others (customers, suppliers, financial market, community, etc.).
Our employees inform the company about their participation in business undertakings of any nature, whether as controlling or minority shareholder, with the exception of investments in publicly traded stock.
Our employees act as follows:
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- If they have investments in Gerdau Group company stocks, they inform their superiors whenever required to do so by the company's current self-regulation norms;
- Whenever third-party companies are to be contracted, they communicate to the company, formally and prior to the decision, the existence of any type of personal relationship with the owners or executives of the sub-contractor;
- They inform their superiors of any type of their own or their family immediate members' participation in business undertakings that compete with the Gerdau Group in our various operations;
- They inform those responsible of violations or possible violations of these Ethical Guidelines.
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