Объедененная Металлургическая Компания
Motivation system overview and structure

OMK uses the following personnel system of monetary incentives:

 

 

Salary
Basic salary Incentives Allowances
Constant salary component

Variable salary component,

additional payments to employees

Additional employee payments

specified in the  Labor Code of the Russian Federation 

Determined on a case-by-case basis

based on the value of the position,

its intra-company “weight”

Depends on the labor market situation

Aimed at improving individual/group

performance and work effectiveness of

each employee

In 2006, the pay system is scheduled to be aligned with the assessment of the value of working positions.

Incentives are related to the implementation of Key Performance Indicators (KPI). Said indicators are quarterly and established for each function and position.

© 2005 United Metallurgical Company
All rights reserved.
109316, Moscow, Ozerkovskaya nab., 28/2.
Tel: +7 495 231-77-71; Fax: +7 495 231-77-72
E-mail: info@omk.ru