OREANDA-NEWS. May 12, 2008. In April Severniy Iron Ore Mining Works (Russian abbreviation - SevGOK) and Central Iron Ore Mining Works (Russian abbreviation – CGOK) raised wages of their employees by 20% to 2700 hryvnas (\\$550), reported the press-centre of SCM.

The pay rise was carried out in two stages during the first quarter of 2008. Initially the wages were raised for workers and a bit later – for engineers and management of the companies.

It was the first case when the companies used the system of wages increase based on consideration of individual professional skills of every particular employee.

“Social responsibility of companies reflects primarily in the level а wages and salaries. Today the GOKs of Metinvest already rank among the Ukrainian metal and mining sector companies with the highest level of wages”, said Alexander Vilkul, the Honorary Director of Iron of SevGOK and CGOK.