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 safety and health 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 inflation in living costs, 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.
During 2020, there were no reductions in staff headcount resulting from Covid-19 and all employees, including those required to remain at home due to quarantine measures, continued to receive salaries.
In accordance with regulations in Kazakhstan and our employee agreements, we make payments to current and former employees for illness and disability sustained at our operations.