TOAZ adjusts salaries of its employees

 

Togliattiazot (PJSC TOAZ), a leading producer of ammonia and urea in Russia and a backbone enterprise in Togliatti, will adjust the salaries of its employees by 5 percent in accordance with Article 134 of the Labour Code of the Russian Federation and as part of its obligations under the collective agreement dated 1 February 2021.

Togliattiazot pays priority attention to social policy and, in particular, to improving the living standards of employees. The average salary of TOAZ employees at the end of 2020 amounted to more than RUB 57,000, which is significantly higher than the average salary for the Samara Region. The salaries at the enterprise are adjusted annually.

In addition to the timely payment and adjustment of salaries, the Togliattiazot management implements other measures to support its personnel, such as regularly paid bonuses for labour achievements, and all TOAZ employees are provided with voluntary medical insurance policies fully paid by the employer. In 2017, the enterprise adopted a new collective agreement (extended in 2020), which includes more than 50 employee benefits.

In 2020, due to the coronavirus pandemic, decisions were made on additional one-time measures to support employees of PJSC TOAZ. As advised by Dmitry Mezheedov, General Director at JSC Corporation,Togliattiazot a sum of RUB 10,000 was paid to employees who comply with the special regime during the coronavirus epidemic. The employees received the first part in 2020, and the second one will be paid upon cancellation of the mask regime. Also, each employee of the enterprise received an unscheduled payment of RUB 5,000 to support their families during the pandemic. Such payments were coincided with the Day of the Chemist. In addition to these payments, TOAZ allocated a total of RUB 79 million in 2020 to ensure the safety of personnel and the stability of production amidst the spread of a new coronavirus infection.

“Togliattiazot is one of the leaders in the Russian chemical industry, and this applies not only to production facilities, but also most significantly to the social sphere. We will continue to maintain the adherence to social responsibility and preserve social obligations in relation to our team,” commented Dmitry Mezheedov, General Director at JSC Corporation Togliattiazot.

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Togliattiazot , a leading producer of ammonia and urea in Russia and a backbone enterprise in Togliatti, will adjust the salaries of its employees by 5 percent in accordance with Article 134 of the Labour Code of the Russian Federation and as part of its obligations under the collective agreement dated 1 February 2021.

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