Announcement of salary increase and lump-sum payment to employees of Kazakhmys Group companies
15.06.2021
Kazakhmys Group announces
continuation of previously announced measures to increase wages for employees
of the companies starting from the second half of 2021. So, based on the regularly
conducted analysis of increase in prices
for basic food, non-food products, utilities and other types of services, it is
planned to increase wages by an average of 12.2 percent from July 1, 2021,
which will cover the level of expected official growth of inflationary
processes in the Republic. Earlier, a similar increase in
wages by 8.3 percent to employees of Kazakhmys Group companies was made from
01.01.2021. Thus, by the end of 2021, the
overall growth of the average wages of employees of the Kazakhmys Group
companies will amount to 20.5 percent. Taking into account a stable
market value of copper in the world market, the company provided additional
financing for investment projects, measures to maintain production capacities
and ensure the company's social programs. In addition, in connection
with the projected fulfillment of production plans for the first half of this
year, in order to stimulate productive and conscientious work of employees, the
company's management decided to pay a one-time lump-sum bonus equal to a
monthly official salary / tariff rate to all employees of Kazakhmys Group
companies in June 2021.



