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11 677 – average number of employees
3 611 employees who completed training
RUB 57 455 average salary
RUB 196 million invested in social programmes for employees
LSR Group’s HR policy ensures that our employees receive a decent wage and social support, as well as a necessary training and assistance for their professional and career development. Meeting these objectives enables us to maintain high employee productivity and performance, thereby laying the foundation for LSR Group’s future success.
We are committed to implementing a uniform approach to HR and social policy within all business units, while preserving the ability of LSR Group companies to cultivate their own HR management processes that take into account the nature of their operations.
The following communications measures are now in place for an effective coordination of the HR management system across LSR Group:
LSR Group is one of the largest employers both in its sector and in the regions where it operates. In 2018, LSR Group employed an average of 11,677 people, with a total of 10,645 employees as of 31 December 2018. The majority of employees work in Group companies in the North-Western region, while the remaining 19 percent are placed across other regions where LSR Group operates. LSR Group employs workforce of all age groups. More than 50 percent of all LSR Group personnel are either young specialists (26–35 years) or employees of the middle age group (36–45 years).
Number of LSR Group employees in 2016–2018
The key target group for LSR Group is production workers. We are particularly interested in qualified workers such as electricians, welders and maritime specialists, as well as those with fewer qualifications, offering them an opportunity to undergo further training and development at LSR Group’s training centres.
We also work closely with training institutions to attract young qualified personnel.
All our new employees undergo a special orientation programme, the main purpose of which is to reduce the time it takes for new employees to settle into their roles and to improve employee engagement and loyalty.
LSR Group operates in an environment of constantly changing consumer needs, growing competition and ever-evolving technology. All of these factors underline the importance of refining internal processes and, in particular, ensuring a high degree of professionalism among our employees. That is why we place greater focus on training and upskilling employees, as well as assessing their managerial skills and personal qualities.
Training programmes for specialists and line managers are run by LSR Group’s Corporate HR Assessment and Development Centre. In addition to programmes conducted by LSR Group employees, we also organise training sessions with external coaches and instructors. Licensed trade training centres also operate within certain LSR Group companies for education on working specialties, and LSR Group orders trainings at external training institutions, if required.
More than 3,600 employees from LSR Group companies in Russia completed various training and skills development programmes in 2018, including more than 1,700 front-line workers.
Training expenditure, 2016–2018 (RUB thousands)
LSR Group has a well-developed staff financial motivation system based on employee performance and provides for competitive and fair remuneration. We guarantee our employees a stable income and timely payment of salaries and wages.
The remuneration scheme that we apply is designed to increase employees’ personal commitment to achieving the Group’s strategies and business goals. Since 2018, LSR Group operates the Long-Term Incentive Programme (LTIP) for key employees.
In terms of non-financial incentives, LSR Group gives corporate awards twice a year. This initiative helps to encourage employees to achieve impressive operational results.
Average salary of LSR Group employees in 2018, RUB
LSR Group’s social policy is aimed at creating a comfortable working environment and improving the wellbeing of employees and their families. This, in turn, helps to boost staff motivation and performance. Key areas of the social policy include:
A total of RUB 196 million was allocated for LSR Group’s social programmes in 2018, including approximately RUB 12.7 million to provide financial assistance to employees.
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