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Improvement of the remuneration and incentive system
The main innovation of 2012 in the Company’s incentive system is the possibility to give Company awards to nearly all employees of JSC “RZD” subsidiaries and affiliates. Successful co-operation and active contribution to improve JSC “RZD” performance is rewarded. Bonuses by incentive types were increased for Company employees.
The Company rewards employees both for personal and corporatewide achievements:
- up to 50% of project savings are given to the employees who have introduced lean production standards;
- employees and managers of efficientlyrun areas are rewarded from the “master fund”;
- up to 50% of the amount saved on fuel and energy resources is spent on employee rewards;
- employees of car depots who have found hard-to-find defects are rewarded;
- loyalty bonuses are paid to employees with a long transport service record.