Following a meeting with trade union representatives, ArcelorMittal Kryvyi Rih announced today a proposal to raise wages to all employees by at least 10% in two stages: 5% October 1, 2021 and at least another 5% at the beginning of the second quarter of 2022. Salaries for some categories of workers will also rise by a larger percentage, up to 30%, which will correct the imbalances unions discovered after the last increase in May 2021.
To celebrate the company's successful operation in 2021 and celebrate the 87th anniversary of the enterprise, the company will pay its employees the 14th salary: 50% of the base salary by Enterprise Day on August 4th and another 50% at the end of the year.
ArcelorMittal Kryvyi Rih suggested to the representatives of the trade unions who participated in the meeting that over the next three years, from 2022 to 2024, the company will not increase the wages of its employees twice a year, in May and October, by a percentage below the official inflation rate for the previous year. During this period, the annual May increase is guaranteed to equal last year's official inflation rate plus 1% minus the percentage of wage increases in October last year. In October each year during this period, the increase will equal at least 50% of the forecasted inflation rate for the current year plus 1%.
An official response from the leaders of all trade unions, which will make it possible to implement this proposal without delay in a few days, is expected next week.
“Financial stability is important for our employees. With this in mind, we hope to agree with the unions on a three-year action plan that will enable everyone to plan their expenses and incomes in a transparent and predictable way, ”said CEO Mauro Longobardi .
The company proposes to fix agreements for three years in order to establish clear rules for everyone, ensure constant growth of production and create conditions for a steady inflow of investments, which are urgently needed to modernize production facilities, improve labor safety and reduce environmental impact and to concentrate on other urgent issues for the work collective.
“I do not share the“ we versus them ”way of thinking that they are trying to impose on our employees, I personally want to reach agreement with all representatives of the workforce. For me, all 21,000 employees are one team, with common successes and common challenges. The markets were good for us in the first half of this year and we would like all of our employees to be able to celebrate this success, ”said Longobardi.
“Our goal is the efficiency and growth of our company, as well as the well-being and motivation of all our employees. We hope that the trade unions operating at the enterprise share our conviction that it is dialogue, and not personal interests and manipulations, that delay the adoption of coordinated decisions in the interests of ordinary workers, first of all, is the way to achieve these goals in the interests of the company and the collective ”, - said Director for Industry Relations and Social Development Yulia Chermazovich , who leads the negotiation process with trade unions.
