We aim to provide fair remuneration to our employees and to incentivise safety and productivity.
We aim to provide fair remuneration to our employees and to incentivise safety and productivity. Operational employee and divisional manager remuneration comprises base pay plus a discretionary award linked to health and safety performance and production targets. Divisional manager remuneration also typically includes an element of discretionary bonus linked to production efficiency and cost control. The Group takes measures to align wage increases with living cost inflation, in particular for lower paid employees. All employees are paid above both the minimum wage and the living wage as defined by the Government of Kazakhstan.
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. The financial impact of our ongoing illness and disability obligations are covered in the consolidated financial statements of the 2018 Annual Report.