In order to create favorable conditions for effective work, attract and retain highly qualified personnel, social support is provided for all full-time employees of the Fund and portfolio companies4. We provide employees with a guaranteed social package, which includes various types of social benefits and compensations:
- financial assistance for recovery for work leave;
- payments in connection with pregnancy and childbirth;
- monthly payments to employees who are on parental leave until they reach the age of 1.5 years;
- assistance in solving housing issues;
- compensation upon termination of the employment contract in case of inability to transfer to another job, due to general disability, disability;
- one-time payment in connection with the death of an employee for funeral arrangements, a one-time payment to the family of an employee who died as a result of an accident at work. GRI 401-2
We provide all the necessary conditions for maternity/paternity leave. In 2022, 9 274 people (9 513 in 2021) took maternity leave and parental leave (including 5.4 % of men). The rate of women returning from maternity leave is 42 % and 41 % of men (in 2021 56 % and 38 %, respectively). GRI 401-3
The Fund also provides social guarantees for voluntary medical insurance in case of illness, as well as for the promotion of a healthy lifestyle, an installment plan is provided for the purchase of season tickets for visiting a fitness club. GRI 401-2
In addition, employees are provided with historically formed types of social support. GRI 401-2 These types of social assistance are fixed in collective agreements, or provided for by internal regulatory documents of a separate enterprise. Such payments include:
- payments in connection with the achievement of the jubilee age;
- in connection with the conclusion of marriage;
- short-term leave upon marriage;
- in connection with the birth of a child;
- in connection with the death of relatives – with the preservation of wages;
- for treatment and payment of medical operations, if the cost of treatment exceeds the limit set by the insurance program;
- disabled employees;
- disabled children of the employee, and many others.
These benefits have not changed, despite the crisis period.
In accordance with national legislation, the pension savings of citizens are in a Single accumulative pension fund. Pension savings consist of: a minimum pension rate guaranteed by the state; individual pension savings (monthly contribution – 10 % of salary) and additional regional allowances. GRI 201-3
The ratio of the minimum average monthly salary of our employees (taking into account bonuses, surcharges and allowances) to the minimum wage established by national legislation for 2022, depending on the region of activity, is within:
- for production personnel (men) from 1.2:1 to 2.7:1;
- for production personnel (women) from 1.2:1 to 2.4:1;
- for administrative and managerial personnel (men) from 2.4:1 to 5.5:1;
- for administrative and managerial personnel (women) from 2.4:1 to 4,5:1.
The highest value of this coefficient falls on the Mangystau and Atyrau regions.
In 2022, the salaries of 243 thousand employees of the Fund Group were increased by 5-48 % with an emphasis on low-paid positions.
The minimum notification period in respect of significant changes in the organization’s activities is no later than 15 calendar days, unless a longer notice period is provided for in labor or collective agreements. GRI 402-1