MMK METIZ Raises Minimum Wage

13 February 2018 (09:25)

UrBC, Magnitogorsk, February 13, 2018. MMK Group’s metal goods plant MMK METIZ is going to raise its minimum wage; the decision was made by the employer and the company trade union at the latest Collective Agreement Committee meeting, the company press service reports.

The committee also looked into the the way the collective agreement got complied with throughout 2017. Detailed reports were made on every paragraph. Both parties agreed that all the provisos had been met in full. Also, they went over all the comments and improvement proposals submitted by the plant workers.

It was decided to change Paragraph 5.4 of Section 5 (Wages & Salaries) to ‘The company shall set and provide the minimum monthly wage for workers who have performed their required monthly amount of working hours and fulfilled their job-related requirements at 1.7 of a minimum living wage for Sverdlovsk Oblast or more (1.4 or more for workers employed in ancillary activities).’

In the earlier version of the Collective Agreement, the minimum monthly wage was set at 1.5 and 1.3 of a minimum living wage for Sverdlovsk Oblast for workers involved in core and secondary activities, respectively.

The latest version of the agreement meets the current legislative requirements for the mining and metallurgical industry. As of January, 2018, the plant’s average monthly pay came to RUR 46,700 (up 8.4% on a year earlier).

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