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July 05, 2008


Salary increase at Gurievsk metallurgical plant

It is reported that a collective agreement for 2008-2009 was executed between JSC Gurievsk metallurgical plant and its employees. The agreement provides for additional rights, benefits and guarantees for JSC GMP workers concerning labor and salary issues, vocational training, safety and health protection, social safety net.

As the collective agreement stipulates, the employer shall guarantee gradual increase in average salary in 2008 for engineers, officers and workers, including salary indexation against growing prices for consumer goods and services by at least 21% as compared to 2007. It also gives a list of professions, which are granted additional paid holiday at the expense of the plant’s revenues.
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