Social Programs / Human Capital / Performance results / TVEL JSC 2017 Annual Report

Corporate social programs of voluntary medical insurance, insurance against accidents and diseases operate at the enterprises of TVEL JSC to provide additional extended coverage to employees

The said programs have been approved by industry trade unions and implemented in line with the Uniform Industry-Specific Policy of ROSATOM and its organizations. All operating collective agreements of TVEL Fuel Company contain the provisions dealing with occupational safety and health issues.

TVEL Fuel Company has developed corporate social programs in the following areas:

non-state pension benefits;
voluntary health and industrial injuries insurance;
assistance in housing programs;
sanitary and resort treatment and recreation of employees and their children;
catering;
assistance to non-working pensioners;
organization of sports and cultural events;
benefits to employees in difficult situations;

TVEL FC social programs represent a strong motivating factor. Total amount spent by the Company on its social programs in 2017 made RUB 1.320.7 mln, or RUB 60.6 thous. per worker.

Diagram 29

Expenses of TVEL FC on social programs, RUB mln

Diagram 30

Expenses of FC TVEL for social programs per employee, RUB thous.

Table 46

Outcomes of implementation of major corporate social programs in 2017

Corporate social program	Funds allocated under the program in the reporting year, RUB mln	Highlights by the end 2017
Voluntary health insurance (VHI)	180.4	99% of TVEL FC employees are insured under VHI policy.*
Accident and health insurance	10.2	89% of TVEL FC employees are covered by accident and health insurance.
Sanitary and resort treatment, recreation of children	158.2	3.378 employees got vouchers to sanitary and rehabilitation resorts in 2017, where 2,130 persons work in harmful conditions, and 1,743 children. Maximum amount of each voucher in 2017 was RUB 56.7 thous. for a 21-days treatment course.
Assistance in improvement of housing conditions	92.3	1.011 employees improved their housing conditions under the program in 2017 and 568 out of them were young specialists up to 35 years old.
Benefits to employees in difficult situations	61.2	The amount of benefit does not depend on the position, the types and criteria of benefits provision are unified.
Sports and cultural events	141.2*	The enterprises of TVEL FC held more than 850 corporate, sports and children's events in 2017. Total number of participants – over 55 thous. of workers and members of their families.
Assistance to non-working pensioners	507.9	There are over 39 thous. non-working pensioners registered in the organizations (personnel service, veterans' council, trade unions) of TVEL Fuel Company. 1.106 pensioners got vouchers to sanitary resorts.
Non-state pension provision	131.2	By the end of the reporting year 18.6% of TVEL FC workers were involved in the non-state pension provision program; pension accruals were accumulated at Atomgarant Non-State Pension Fund.
Total	1,282.6	-

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* New employees are included in the VHI program after successful completion of probationary period,
thus at the moment less than 100% of the employees can be covered by the VHI policy.

* Taking into account the funds allocated to primary trade union organizations.

Table 47

Personnel Support Programs

Program name	Target personnel	Ways of support
Staff rotation program	Employees that are sent to long-term on-the-job training, temporary relocation of MPS participants for capturing management skills, promotion to key positions for crucial business problem solving	Settlement allowance (amount depends on employee’s family size); rent allowance for 2 years or provision of corporate housing, services for house hunting; compensation for cost of hotel accommodation for employee and his family for one month for the period of house hunting; allowance for travelling to the place of work for employee and his family members and their luggage; vacation travel allowance for employee and his family once per year for 2 years.
Staff relocation program	Employment assistance for personnel released due to headcount reduction, reorganization	Settlement allowance (amount depends on employee’s family size); rent allowance for 2 years or provision of corporate housing, services for house hunting; compensation for cost of hotel accommodation for employee and his family for one month for the period of house hunting; allowance for travelling to the place of work for employee and his family members and their luggage; training payment.
Assistance to non-working pensioners	Released staff, including those at the age of retirement	Taking part in transfer of knowledge programs / succession planning; considering employee’s working life when assessing amount of retirement benefit; non-state pension insurance payments; financial aid for non-working pensioners (due to financial straits, serious diseases, prosthetic dentistry, referral to sanitary and rehabilitation resorts, arrangement of festive events and/or payments for jubilee dates, help for family in case of non-working pensioner’s death).

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