The Company believes that social responsibility is a corporate priority, particularly with respect to protection of employees.
The Company believes social responsibility to be a corporate priority, with particular attention given to employees’ rights and safety.
TMK’s social policy recognises the Company’s responsibility towards its employees and their families in providing stable employment conditions accompanied with decent living standards. This strategy has also had the benefit of generating a 15 to 20 percent reduction in staff turnover.
The Company’s social policy is based on the following principles and priorities:
Socially responsible employment management;
Prioritising employees’ health over production results;
Partnership with public organisations and with employee representatives;
Social responsibility for community development in areas where TMK operates.
Significant investments are being made in the development of social facilities, ranging from childcare centres, schools, recreational areas, and sports facilities to community centres. These developments are being made in cooperation with local authorities.
The Company contributes towards the cost of employees’ vacations in order to provide for quality recreational time. The Company also subsidizes meals and children’s programmes.
All Company employees and retirees are entitled to quality medical care at the Company’s medical facilities, first-aid stations, factory clinics, and hospitals. In addition, great efforts are being made to introduce an optional health insurance plan.
All Company divisions have special programmes to support young, retired, and former employees.
The Company has started developing a Corporate Retirement Programme that includes a Company pension plan for employees.
Special attention is paid to housing issues and a mortgage system has been introduced in order to facilitate employee accessibility to housing ownership.
