We aim to provide fair remuneration to our employees and to incentivise safety and productivity.
Both operational employee and divisional manager remuneration comprise base pay plus a discretionary award linked to health and safety performance and to production targets. Divisional manager remuneration also typically includes an element of discretionary bonus linked to production efficiency and cost control. Following the devaluation of the tenge on 20 August 2015, the Group has taken measures to reduce the impact of the weaker local currency on its employees and their families.
In accordance with regulations in Kazakhstan and our employee agreements, we make payments to employees and former employees for illness and disability sustained at our operations.