Corporate Benefit Plans
The Company pursues a policy aimed at maintaining stability and favorable psychological climate for staff members. KuibyshevAzot implements a number of programs that provide a high level of social protection for workers.
Housing program
Since 2000, the Company has in place a Regulation on Assistance in the Acquisition of Housing, providing employees with a long-term, up to 20 years, installment payment plan. In accordance with the Regulation, the Company buys a housing for an employee after the initial cumulative contribution amounting 30% of the cost of the housing. Additional benefits are foreseen for young workers. Since the program initiation, it has been used by 31% of personnel.
Medical Services and Healthy Lifestyle Promotion Programs
An important component of the Company’s social policy is health improvement and organization of recreation for its employees. The Personnel Health Program foresees provision of qualified medical care and is aimed at sickness rate reducing, care delivery and rehabilitation, and exclusion of occupational diseases. Employees have access to modern types of treatments provided by the Company’s own medical department and external specialized healthcare centers. The program is also financed by a voluntary health insurance, and the Company pays half of the insurance premiums for the employees.
KuibyshevAzot PJSC is a company that in the 1990s managed to save and thereafter significantly develop its social infrastructure. Currently, the Company’s assets include a medical facility, the “Stavropol” health care center, the “Podsnezhnik” recreation center, the “Druzhba” recreation center, which has a yacht marina, a food-service center, and other facilities. For sports activities, the Company provides gym halls, sport clubs and health groups.
Hockey, football and basketball clubs of KuibyshevAzot are well known in Togliatti, and are among the strongest. The teams are participating in city, regional and trans-regional competitions and championships of the Russian Trade Union of Workers of Chemical Industries. KuibyshevAzot darts-club is the base for the Open Championships of Togliatti and Samara region.
For organization of rehabilitation, preventive treatment and recreation, the Company provides employees and their families with preferential vouchers to its own social and cultural facilities and third-party institutions in the Russian Federation, including those on the Black Sea coast. Therewith, the employee and his minor children pay 25% of the cost of the voucher, family members - 50%; payment for children recreation facilities amounts to 15% of the cost.
Funds invested in the implementation of the health and recreation programs, and in the provision of qualified medical assistance, have made it possible to achieve a positive trend in reducing workers’ sickness rate by 30% over the last 10 years.
Pensioners Social Security Program
Non-state pension provision for the employees is among the priorities of the social policy of the enterprise. A special program is intended to create conditions that improve retirees’ wealthy status; the program foresees also one-time and monthly additional cash payments.
The enterprise has a Veterans’ Council, uniting about 1,800 of our retirees. The Council’s activities are overseen by the trade union committee. The Company organizes trainings, excursions, events, congratulations with memorable dates for the veterans.
Supplementary payments and dowries
In accordance with the Labor contract, the employees receive the following supplementary allowances:
- one-time allowance for a childbirth;
- monthly allowances for women on maternity leave to care for a child up to 3 years old;
- financial assistance for young specialists, demobilized from the ranks of the Russian Army;
- on the occasion of anniversaries of the employees;
- in connection with assignment of titles “Veteran of KuibyshevAzot” or “Honored Veteran of KuibyshevAzot”;
- to relatives in the event of the death of an employee or the loss of close relatives, assistance is also provided to the relatives of pensioners.
Extra paid leaves
Are provided to :
- Employees engaged in work with harmful working conditions;
- Workers directly active in the production with at least 2 years of work at the enterprise;
- All women for family and living matters;
- Newlyweds for marriage;
- Donors;
- All employees, in case of death of close relative;
- Women for the statutory pre-maternity leave;
- Spouse on the day of discharge of wife from a maternity hospital.