The legislative and regulatory framework, which regulates labor and associated relations, as well as the issues of labor compensation at Yuzhnoye SDO, includes the following basic acts:

- Code of Laws on Labor;

- Law of Ukraine «On payment for labor»;

- Law of Ukraine «On state budget of Ukraine»;

- Law of Ukraine «On holidays»;

- industry-wide tariff agreement;

- company collective agreement.

At present, the company uses 2 systems of payment for labor – time-based system of payment, which is the basic one and piecework system, used for employees, who perform construction as well as construction and repair works.

The wage consists of two parts – basic and extra wage.

The basic wage constitutes official salaries (tariff rates), i.e. charging fees for the work performed in accordance with established work standards (time standards, standard production rates, service standards, official duties). Official salaries of engineering personnel and employees, tariff rates of workers are developed in accordance with Labor code, regulations of the Supreme Council of Ukraine, Cabinet of Ministers of Ukraine, industry-wide tariff agreement; and can be adjusted in case of availability of company funds. Payment for labor of employees, who have fulfilled complete monthly work standard, cannot be lower than the level of minimally-guaranteed official salaries (rates), and statutory amount of the minimum pay.

Extra pay includes premiums and additional payments, bonuses and rewards, payment for work during holidays and non-working days, indexation of wages, payment of additional leaves, and other incentive and compensatory payments. The list of extra payments and premiums is defined by industry-wide tariff agreement and company collective agreement.  

According to the law of Ukraine the salary is paid two times per month with time interval between payments no more than 16 calendar days, and not later than seven days upon completion of the period, for which the payment is made.

Motivation and incentive system of employees’ work was set up at the company. Individual attention is given to the following groups:

- young employees;

- scientific workers;

- inventors and innovators;

- most valuable employees and high performers.

At the company there is a number of subdivisions, where individual incentive pay schemes are in place, developed with respect to specificity of activities, carried out by these subdivisions.

The labor compensation policy at Yuzhnoye SDO is focused on enhancement of efficiency and quality of labor by fulfilling the tasks for creation of new rocket-and-space equipment and by ensuring a decent level of payment for labor of company employees.

Employee Reward System

There are several ways of rewarding the employees for their conscientious work in the company:

– rewarding with the Yangel Medal;

– rewarding with breastplate “For developing space-rocket hardware”;

– rewarding with the Medal “For individual contribution into the company’s development”;

– rewarding with honorary title “The Company’s Honored Veteran”;

– rewarding with title “The Best Specialist of Yuzhnoye Design Office” and placing his/her picture on the Honor Roll display;

– General Director’s orders and commendation timed to the employees’ anniversaries and the company’s other outstanding events;

– rewarding with title “The Company’s Best Inventor and Rationalizer”;

– rewarding with title “The Company’s Best Intern”;

– rewarding with title “The Company’s Best Young Worker” etc.

The company’s management intercedes for the company’s outstanding staff members to be honored with state and industry awards.

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