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Victor Pinchuk will increase salaries of Interpipe employees by another 10%

Ukraine

In October, Interpipe is launching its second salary increase this year to support our employees and ensure their financial stability.

Victor Pinchuk will increase salaries of Interpipe employees by another 10%

From October 1, the Ukrainian industrial company Interpipe will increase wages by an average of 10%, the press service of the company reported.

The salary increase will affect all employees of the pipe division, the steel division and the railway division, as well as employees of the centralized functions. When raising salaries, a differentiated approach will be applied depending on the division and category of employees.

This year Interpipe has already increased wages production personnel of all industrial assets.

“The company continues to adhere to high social standards. Since the beginning of the quarantine, we have introduced unprecedented security measures, including free PCR testing and free corporate transport to work. Even during the lockdown, our factories continued to operate, and employees and their families received a stable income. Interpipe regularly reviews the salaries of production personnel. We are launching our second promotion this year in October to support our employees and ensure their financial stability. So, taking into account the current increase, the average salary for the company by the end of 2021 will grow by more than 20%, ”said Vitaly Pakhomov, HR Director of Interpipe.

About the company:

Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company's products are supplied to more than 80 countries of the world through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe. Interpipe employs 10 thousand people. The ultimate beneficiary of the company is Victor Pinchuk.

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