The company’s social policies are based on long-term social activities that are the most beneficial to its employees and are designed to attract and retain well qualified personnel in the Company.
The Company is committed to solving its top-priority social issues and will continue to place emphasis on the social aspects that are inherent to its sustainable development philosophy.
KEY SOCIAL ACTIVITIES:
The health care system of the LUKOIL Group Organizations incorporates a total of economic, social, medical, and sanitary measures designed to boost performance of the personnel by promoting physical and mental health of the LUKOIL employees and retirees. It specifically covers the following lines of activities:
voluntary health insurance plans for employees;
payments of temporary disability and maternity allowances;
health improvement and recreation of employees;
first medical and sanitary aid provided at the health posts of organizations;
The backbone of the healthcare system is the Voluntary Medical Insurance (VMI) plan, offering additional services to employees vs. compulsory health insurance plans, which include high-tech solutions and better quality medical aid.
To make the insurance coverage more flexible, employees may at their own cost expand the existing VMI plan, thus making sure that their personal needs are satisfied.
Commitment to a healthy lifestyle is a corporate value. Promotion of the value of one’s own health and personal responsibility for it lays the foundation for corporate and sports activities and events, which have already become traditional for the Company, including spartakiades, regional or Oblast-level competitions and tournaments, tourist rallies and guided tours for the employees, their families and veterans. The Company has been rendering first medical assistance at over 100 first-aid rooms, pre-trip medical check-up offices, paramedic and medical aid posts. New aid posts have been opened in OOO LUKOIL-Rostovenergo and AO RITEK. In remote locations targeted medical checkups are conducted by mobile medical crews. Personnel additionally attend lectures on the prevention of the most widespread deceases. Every year employees are vaccinated against flue, tick-borne encephalitis and other dangerous diseases.
The Company’s housing program meets the requirements of the Social Code of PJSC LUKOIL and LUKOIL’s Housing Policy Framework.
The “Framework” defines two main goals of the Company’s corporate housing policy.
The HR policy is first of all about making sure there’s an ongoing staff rotation, with the newly employed personnel, including young professionals, being provided with housing. Provision of housing takes place solely upon the terms and conditions of a collective bargaining agreement and out of the housing stock of the organizations, comprised of the existing, leased corporate housing and that under construction.
Provision of housing to the personnel between 2014 and 2015 took place in full accord with the Basic Principles of the LUKOIL Group Housing Policy (HR and Social Activities). The Housing Policy costs as part of the HR activities are based on the demand from the production personnel (newly employed or young professionals) for housing. The Housing Policy costs as part of the social activities are based on the need to assist the employees requiring better housing by subsidizing the interest rates of home loan mortgages extended by the banks.
The Company seeks to expand access of its employees to insurance services beyond VMI, develops its corporate personal insurance system to enhance the level of protection enjoyed by the families of its employees in case of an accident. The employer bears all extra costs sustained as a result of accidents. The Company has also been developing and supporting critical decease insurance and life insurance in case of death for any reason whatsoever. Such personal insurance types being part of the corporate plan may involve shared funding.
The Company also offers free information and advisory services to its employees to expand their insurance coverage and protect their interests on the insurance market.