Despite external challenges, Norilsk Nickel has once again confirmed the status of a socially responsible business and has increased employee salaries since July 1.
The company increased salaries for employees who have been working at the company's enterprises for more than six months.
In the calculations the financiers of Norilsk Nickel took into account the level of inflation, the purchasing power of wages and labor market analysis. The average increase in remuneration was 10%.
The increased geopolitical risks negatively affected the company's financial results and created new challenges. Despite this, Norilsk Nickel has deliberately increased the costs of implementing investment programs, repairs, modernization of production facilities and remuneration to employees.
"The company managed to increase remuneration by 10% due to the results of the efficiency improvement program, which is implemented by all enterprises of the group. Norilsk Nickel continues to fulfill all its social obligations. And the level of the social package and staff costs has doubled in the company over the past seven years," said Daria Kryachkova, Vice President of Personnel Policy at Norilsk Nickel.
The social package at Norilsk Nickel has remained one of the best in the industry, and employee benefits often exceed legal norms.
For example, travel to and from a place of rest is compensated annually instead of once every two years, the company's press service reported.
Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished
