More than 60,000 employees of Norilsk Nickel received the company's tokens as part of the innovative Digital Investor project, said Daria Kryachkova, Vice President for Personnel Policy of the company.
"Digital Investor" is a program that entitles employees of the company to receive cash payments in the form of a digital financial asset.
"Today, more than 60,000 employees have already received tokens. This is a truly popular program. It was also decided to launch a new project module in 2024 for employees who have reached one year of work experience," Kryachkova said during the annual direct line with the vice presidents of Norilsk Nickel.
A unique initiative was launched at Norilsk Nickel in 2023. The innovative project, which is included in the company's social package, is aimed at both the well-being of employees and their retention.
At Norilsk Nickel, the token has a unique name of minetoken and it is a variation of an accounting unit.
The total number of minetokens depends on the length of service of the employee and not the rank.
This way, the company expresses its gratitude to the employees for the work and participation they show every day in their professional activities.
Minetokens are linked to the market value of Nornickel's shares that are traded on the Moscow Stock Exchange. The share price directly depends on the market, and the possible yield depends on the value of the share at the time of its repayment in five years.
Alex Shishlo for Rough&Polished
