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ArcelorMittal Kryvyi Rih will pay additional remuneration to its workers

Ukraine

On March 2, a meeting of the trade union committee of the enterprise was held with the participation of top managers at which the issue of increasing the wages of employees of the enterprise was considered.

ArcelorMittal Kryvyi Rih will pay additional remuneration to its workers

ArcelorMittal Kryvyi Rih, the largest mining and metallurgical enterprise in Ukraine, will pay all its employees remuneration based on the results of the previous year. The so-called "13th salary" will be paid in full on March 11th. In addition, in 2021, the company's management is considering the possibility of a differentiated increase in the salaries of its employees. In this regard, the management of the enterprise is negotiating with the trade unions at the local and central levels.

The company noted that ArcelorMittal Kryvyi Rih is the only enterprise of the mining and metallurgical complex of Ukraine, which annually pays the 13th salary to its employees. For each of them, the remuneration based on the results of work for the previous year is determined based on the size of the average earnings for the actual hours worked. This year, ArcelorMittal Kryvyi Rih will allocate about UAH 415 million to pay the 13th salary.

“Despite all the challenges of 2020, which the industry has never faced before, amid the pandemic and the associated restrictions, our people remain the main value for ArcelorMittal Kryvyi Rih. It was very important to keep the number of employees and ensure the stability of all payments to employees. Even in the conditions of an acute crisis in 2020, the average wage at the enterprise increased by 5.5% and amounted to 19,062 hryvnia. This is 24% higher than the average salary in Ukraine and 10% higher than in ferrous metallurgy, "said Mauro Longobardo, General Director of ArcelorMittal Kryvyi Rih.

Recall that yesterday a meeting of the trade union committee of the PMGU PJSC "ArcelorMittal Kryvyi Rih" was held with the participation of Acting General Director, Financial Director - Chief Accountant S.A. Plechiki, Director of the Human Resources Department Chermazovich Yu.A. and employees of the personnel department, which considered the issue of increasing the wages of employees of the enterprise.

During the meeting, which lasted more than two hours, the sides of the administration of the enterprise and the trade union committee expressed their positions on this issue.

Since the administration of the enterprise did not offer specific percentages of wage increases to all employees of PJSC ArcelorMittal Kryvyi Rih, LLC Stol Service and LLC Foundry and Mechanical Plant, the trade union committee decided to send an open appeal to the owner of ArcelorMittal Lakshmi Mittal, CEO of ArcelorMittal Group Aditya Mittal and CEO of PJSC ArcelorMittal Kryvyi Rih Mauro Longobardi demanding an immediate increase in the payroll for 2021.

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