The state corporation increased the wages of its employees

With the support of the Government and the Ministry of Digital Development of the Republic of Kazakhstan, from July 1, 2023, the salaries of employees of the regional branches of the State Corporation will increase by 50%. In 2022, the State Corporation raised salaries to employees twice. Thus, taking into account the last year's increase, the actual cumulative increase in wages amounted to more than 100%. “Human capital is the most important factor in the country's economic growth and efficient operation. We understand that the work of our employees in the name of our citizens and the country is invaluable and should be rewarded at its true worth. Therefore, at the moment we are implementing a project to decentralize corporate functions, which will allow branches to independently pay bonuses to employees,” said Suyenish Abdildin, Chairman of the State Corporation. Thus, the State Corporation managed to decentralize a number of corporate functions, thereby simplifying current work processes, increasing the responsibility and independence of branches in decision-making. Moreover, one of the main goals is to optimize costs for subsequent bonus payments to employees of branches from the saved funds, the amount and basis of which will also be determined independently at the level of the management of branches. This will serve as an additional tool to reward employees for efficient work. We add that today the State Corporation employs about 22 thousand employees. These are 20 branches, 327 front offices and 671 back offices, 33 mobile public service centers.