Employees

In our approach to human resource development, we aim to attract and retain the very best professionals by providing an inclusive, fair and enabling working environment. We are continuously looking to develop our stable, loyal and motivated employee base.

Each year, we identify and assess risks across the Group and develop detailed programmes to help us reduce these risks. We have identified key human capital risks which are lack of skilled workforce with mining experience and labour shortage in long-term.

To reduce the risks, we invest in training and development, hold in-house Scientific and Industrial Conference, maintain Talent Pool, self-nomination programme and other development programs for target groups. Moreover, we collaborate with leading universities and technical colleges to attract talented students via targeted internships followed by recruitment, we also hold professional contests and provide mentorships.

Who is responsible

Who is responsible
Headcount and diversity

We employ more than 10,000 people across the Group’s production, exploration, research, development, design, logistics and management activities. Most of those working in extraction and exploration work on a fly-in-fly-out basis, due to the demanding nature of the work and the remote locations of many sites.

In support of our efforts to reduce employee turnover and promote mobility of the workforce across operations, we established the Polymetal Human Resources Committee, whose main responsibility is to plan staff rotations and fill key positions within the Company. Rotations into these positions are based on candidates’ performance and qualifications, as determined by the Committee. Now we are able to manage and plan rotations in line with stakeholders’ views and expectations, and in a way that best meets the operational and commercial needs of the Company.

We believe that workforce diversity is a strength and we are deeply committed to equal opportunities and terms of employment. We actively recruit people on merit, eliminating any discrimination on the grounds of race, skin colour, gender, religion, political opinions, nationality or social origin. In particular, we aim to create the conditions for the greater inclusion of women within our workforce and leadership.

Find out more in Diversity and Inclusion Policy.

Training and development

Our diverse operations require diverse skills, which are changing as technologies develop. We go beyond mandatory compliance and induction training, with individual development plans and annual appraisals for key positions.

Employees are offered professional and managerial skills training, webinars and English language courses. We are extending our portfolio of distant learning solutions with online courses in geology, mine planning and engineering. These are complemented with human rights and diversity training.

TALENT POOL

Where possible, we meet our talent goals through internal promotions (unless very specific expertise is not available in-house in which case we must recruit externally). To develop future leaders, our Talent Pool uses 360-degree feedback methods and additional training, with personal targets and development plans for aspiring leaders. As a part of our diversity and inclusion programme, we aim to increase the share of women in our Talent Pool to 30% by 2025.

Employee relations

We strongly believe in acknowledging and rewarding our employees’ achievements. We offer competitive and fair rates of pay and benefits to ensure we can attract and retain the best people. Our levels of salary and remuneration exceed regional averages in all our areas of operation, while our long-term incentives are linked to employees’ performance and potential.

We continue to demonstrate our deep commitment to our employees. Despite macroeconomic headwinds, we sustain stable wage growth across the Group in line with inflation, maintaining our position as an attractive employer in the labour market in the regions where we operate.

Find out more in Human rights policy.

While the selected annual report is being downloaded, we want to draw your attention to the Sustainability Report. It provides detailed information on ESG indicators.

While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. They provide detailed information on ESG indicators.

You can also download historical data on sustainable development.

2019