Netherlands mining and metals group Metinvest B.V. (Metinvest) of Ukrainian businessmen Rinat Akhmetov and Vadim Novinsky announced an increase in wages for workers in Ukraine from March 1. It is not said how much exactly the payments will be increased, but it is stated that by the end of 2022, labor costs in the group as a whole will increase by 10%.
The salary increase will not yet affect the managers and management personnel of enterprises, as well as employees of the management company, and salary growth will be differentiated. Metinvest monitors the level of inflation in Ukraine and the outflow of personnel, so the decision to revise salaries will be verified, the company said.
In April, Metinvest completes the stage of the annual personnel assessment based on the results of work in 2021. From April 1, based on the results of the annual assessment, new individual additional payments to workers in the amount of 5% to 25% of the salary will also be revised and established.
Let us remind you that today both of its shareholders arrived at the company's plants in Mariupol. Rinat Akhmetov and Vadim Novinsky walked around the pier repaired by Metinvest on the shore of the Sea of Azov and held a series of meetings.
“We will do everything to ensure that Mariupol develops, and Mariupol residents have a decent job, a decent salary and a happy life,” Akhmetov said, promising to invest $1 billion in city enterprises this year.
Novinsky recalled that increasing social guarantees for workers is a traditional practice for the company. “Metinvest retains and attracts new employees with the help of various motivation systems, among which is the level of wages, which exceeds both the average Ukrainian and the industry,” he said.
The press service of Metinvest noted that the company's employees are the highest paid in the mining and metallurgical industry of Ukraine. “Salaries at Metinvest are 5-8% higher than those of competing companies,” the press service said, adding that the outflow of technological personnel in the Metinvest group does not exceed 8.5% on average, which is in line with normal mining practice. metallurgical industry.