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Motivation system overview and structure
OMK uses the following personnel system of monetary incentives:
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Salary |
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| 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 |
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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 |
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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.
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