Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Norilsk Nickel plans another indexation of employees in July 2023

27 march 2023
In the spring of 2022, the management of Norilsk Nickel, despite the complexity of the situation, decided not to reduce social programs and not to reduce remuneration. Indexation is also planned for employees this year. 
As ttelegraf.ru reported, this was said by Larisa Zelkova, Senior Vice President - Head of the HR, Social Policy and Public Relations Unit during the direct line Norilsk Nickel Live. 
According to her, since the beginning of 2022, Norilsk Nickel has increased salaries at enterprises in Norilsk and the Krasnoyarsk Territory by 20%. In the Murmansk Region and other regions, the indexation was 10%. In addition, the company supported the employees by paying them an additional remuneration in the amount of a monthly base salary in 2022. 
A total of 50 billion rubles were allocated for these purposes, taking into account contributions to budget funds. In 2023, the indexation of remuneration will be carried out in July, Zelkova said. 
"Over the past five years, the average remuneration in the company has increased by 75%. This is a very significant increase, it covers inflation. We strive to ensure that the purchasing power of our salaries does not melt. The year before last, we developed our own methodology for assessing the consumer basket, since state methods do not take into account the peculiarities of our cities. We are guided by it. We will keep our rewards competitive and move on," Zelkova said. 
In turn, Senior Vice President - Production Director Sergey Stepanov said that over the past two years, Norilsk Nickel has allocated more than five billion rubles to improve the comfort level for its employees. The total area of work covered 27,854 square meters. 
In 2023-2024, the work under the "Made with Care" program will be even more intensive, Stepanov said. 

Alex Shishlo for Rough&Polished