We aim to provide fair remuneration to our employees and to incentivise safety and productivity.
The remuneration of operational employees and divisional managers 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 corporate values, production efficiency and cost control. The Group takes measures to align wage increases with inflation in living costs, in particular for employees with lower salaries. All employees are paid above both the minimum wage and the living wage, as defined by the Government of Kazakhstan. We are pleased not to have been forced to make any reductions in staff headcount as a result of the Covid-19 pandemic.
In accordance with regulations in Kazakhstan and our employee agreements, we make payments to current and former employees for illness and disability sustained at the Group’s operations.