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EMPLOYEE ATTRACTION  
& RETENTION 
Centaurus actively promotes 
open and ongoing dialogue 
with our employees and 
encourages them to discuss 
any work-related issues with 
their direct supervisors at any 
time. 
This informal approach is complimented with 
a more formal annual employee/employer 
performance assessment and management 
program. This is a two-way conversation, 
where an employee’s performance is 
evaluated each year by their direct supervisor, 
and employees can provide feedback and 
discuss any work-related matters in a 
confidential and constructive manner. 
These one-on-one meetings are considered 
by employees to be a valuable opportunity 
to give and receive direct feedback, enable 
continuous improvement, and strengthen 
professional relationships.
The Company rolled out performance-based 
bonus plans for employees, in both Brazil 
and Australia, in 2022 and has continued 
this practice through 2025. Depending on 
the position and hierarchical level of the 
employee, each person participates in a bonus 
plan, with all plans designed to incentivise 
employees to achieve work-based milestones 
that stem from the Company’s strategic 
objectives. Each employee’s performance 
is assessed annually against their relevant 
targets, with new targets also defined on an 
annual basis. The details of the bonus plan for 
Brazil-based staff are discussed and agreed 
on by a committee created by employees, 
employer representatives and union 
representatives.
As required by Brazilian labour laws, the 
remuneration reviews and the bonus plans for 
Brazil-based staff must be approved by the 
relevant worker’s union that has jurisdiction 
over the regional area. The current collective 
bargaining agreements are valid until 
June 2026. Both unions (in Pará and Minas 
Gerais states) continue to be pleased with 
the structure of the Company’s collective 
bargaining agreements. 
Remuneration reviews for all staff are also 
undertaken on an annual basis. In Brazil, 
staff remuneration is adjusted every year at 
least according to inflation over the past 12 
months.
Remuneration reviews for all staff are 
also undertaken on an annual basis.  
In Brazil, staff remuneration is adjusted 
every year at least according to inflation 
over the past 12 months.

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