Our employees are the main value and the main resource. The level of their professionalism and security directly affects the results of our activities and our value to investors. We attract professional candidates to the labor market in an open and transparent way, develop programs to develop the professionalism of our employees, provide access to training for employees in accordance with the principle of meritocracy, as well as provide them with safe working conditions.
In the field of human resource management, we follow the norms of Kazakh and international law. We have approved the HR policy aimed at attracting and motivating qualified personnel, developing corporate culture and introducing advanced personnel management technologies.
In order to build an effective human resource management system, we are constantly updating the Corporate Standard, which will define the principles, approaches and requirements for HR processes and promotes the implementation of the best HR practices in the Fund Group. GRI 2-24
A number of rules, for example, the Rules for Remuneration and Social Support of Employees, regulates human resource management processes etc. GRI 3-3
The staff number of employees of the Fund Group for 2022 is 259 055 people (258 044 in 2021). There were no significant fluctuations in the number of employees between the reporting periods. GRI 2-7
Due to the specifics of our production activities, the share of men traditionally accounts for the majority – 72 %, while women make up 28 % (out of 259 055 people).GRI 2-7 The share of administrative and managerial personnel is 7 % (the share of women of which is 58 %), 93 % – production personnel (the share of women of which is 25 %). The share of senior and managerial employees is 5 % (the share of women of which is 40 %).
The share of women in the top management is: in the Management Board of the Fund’s Group of Companies – 15 %, supervisory and trustee boards, as well as in the Boards of Directors of the Fund’s companies – 14 %. GRI 405-1
We are working to increase the proportion of women in the management bodies of portfolio companies: a plan has been developed to increase gradually the proportion of women in the Board of Directors and executive bodies of portfolio companies to 30 % by 2030 (15 % in 2022). By December 2023, the average proportion of women on the management boards, boards of directors and supervisory boards across the Fund’s Group of Companies should reach 20 %, by 2030 – 30 %. These plans are fully in line with the global trend for gender equality.
Over the past year, the Fund has undergone significant management changes, including a reduction in the number of top managers and the replacement of three out of five managing directors. These changes also affected the management of 8 out of 12 large companies.
The staff turnover rate by the end of 2022 was 8 % (12 % in 2021), which is within the staff turnover rate in accordance with item 25 of the Comprehensive Action Plan for Ensuring Social Stability in the Fund Group (14 %), approved by the Chief Executive Officer of the Fund for 2022 (No. 9-p). GRI 401-1