Ministries of the Republic of Tatarstan Ministry of Industry and Trade of the Republic of Tatarstan

KMPO announced increase in motivation for employees through bonuses

12 March 2019, Tuesday

Some additional funds will be allocated to increase the tariff rates, salaries and bonus payments to employees of the Kazan Motor-Building Production Association.

In order to strengthen the material incentives for each employee with an aim of improving the overall performance of the association, timely and high-quality performance of their official duties, increasing responsibility for the assigned work area, the average salary of employees at the Kazan production site should be RUB 46,000 by the end of this year. This is a 21% increase compared to 2018.

To this end, a quarterly bonus is introduced for the overall results of divisions’ operations. The bonus payments are subject to the fulfilment of performance targets.

The bonuses will be paid to all employees of the association who are in attendance lists as of last working day of the quarter, with the exception of those having labour discipline violations during the quarter and those who retired from the association within the reporting period.

The core activities of KMPO is the fill-scale production of gas turbine engines and gas pumping units for the transportation and distribution of natural gas through main gas pipelines. The revenues of the Kazan Motor-Building Production Association in 2018 amounted to RUB 11.8 billion, 100% of the target figures and a 26% increase compared to last year (RUB 9.34 billion in 2017).

Based on KMPO press service information

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