People
We strive to create conditions for realising the creative potential of our
employees and shape a corporate culture based on professionalism, private
initiative and responsibility. Skilled personnel focused on corporate and
personal success are a key factor to our long-term, sustainable
development.
Areas of activity in the social sphere include employee rehabilitation,
support for mothers and children, catering and recreation for workers, social
support for retirees and veterans, employee development and training,
incentives for employee improvement and many other kinds of benefits and
insurance.
Training
The company is working on a package of programs for training highly
qualified experts for its talent pool. The Young Resources programme includes a
range of initiatives focused on developing young people’s interest in
engineering and the mineral resource industry. The programme is intended for
students in comprehensive schools, training colleges, technical schools and
specialised Institutions of Higher Education.
Young Resources is available in most of our mining Division’s operating
regions and is building a continuous system of education, professional
development and motivation for young professionals by offering:
- Specialised classes in secondary schools
- Payment of student scholarships
- Collaboration with Institutions of Higher Education
- New employee support
Based on the results of the First Rating of Business Partners of Russian
Higher Educational Institutions, we were commended in nominations for The Best
Practice of Vocational Adjustment of Students of Higher Educational
Institutions, The Largest Contribution to the Support of Gifted Students and
Young Teachers, and The Largest Youth Employer.
Medical programmes
Employee health is one of our primary social policy objectives. The
Severstal Health programme was implemented at Cherepovets in 2002.
The main objectives of the programme are as follows:
- Improve the availability and quality of medical care;
- Strengthen the first line of healthcare;
- Create conditions for efficient medical care at the pre-hospital
stage;
- Prevent disease;
- Provide high-tech, state-of-the-art medical care.
Severstal's medical unit has 51 attendance stations operating on site. The
medical unit includes polyclinics, an in-patient clinic and a maternity
hospital with prenatal clinic. The programme has created an efficient system
for preserving and recovering employee health based on regular medical
screening.
Every year Severstal spends about $20 million on the corporate program
“Severstal’s Health”. As part of the program, last year in Cherepovets more
than 34 000 professional medical check-ups were conducted; a plan to
improve labor conditions and the treatment-diagnostic process was implemented
to decrease the incidence of disease among employees. Initiatives on the
material base and technical equipment of Severstal’s Medical Unit were carried
out.
In Cherepovets more than $5 million is spent on preserving and recovering
our employees’ health annually. These funds allowed more than 9 000
employees and their children to receive preventative procedures in health
resorts and camps and around 5 000 employees to undergo rehabilitation at
the health complex Rodnik.
Housing programmes
Severstal strives to help its employees secure adequate
accommodations. Severstal implements Corporate Housing Program to build
apartments for employees, who have strongly contributed to the company’s
success. The first phase of the program in Cherepovets was implemented in
2005-2010. During this period, 26 apartment blocks were built to house
2 345 families. In April 2012 Severstal’s CEO Alexey Mordashov signed a
Policy on corporate contribution to improve Severstal Russian Steel employees’
accomodations. As part of the second phase of the program, a 400-apartment
building will be ready in the 4th quarter of 2013.
In June 2012 the third apartment building in the last four years was
inaugurated in the village of Telman, Leningrad region, for Severstal employees
in St. Petersburg and the Leningrad region. The investments totaled 360 million
roubles. The building has 117 apartments.
Pension plans and retiree support
Pension coverage is a major component of social policy at Severstal. Pension
plans are an important factor in encouraging a positive social climate and the
realisation of employee potential. Since 2003, a corporate pension programme
has been in place at all of our Russian enterprises in partnership with the
non-governmental retirement fund StalFond. Other parts of the Company are
developing similar practices. The corporate charitable foundation Blago also
provides financial assistance, medical, social and special-purpose charitable
services and social security programmes for retirees of OAO Severstal.
