The Company’s active personnel turnover rate for 2018 decreased and amounted to 4.0% (5.5% in 2017).
However, the average turnover rate is low enough, which indicates personnel stability. This is the result of ongoing activities to establish a corporate culture, increase personnel loyalty, ensure a decent level of income and provide reasonable employment benefits and social packages.
In 2018, the personnel turnover rate decreased and amounted to 8.2% (16.6% in 2017), which was mainly due to the dismissal of the personnel of JV Vietsovpetro.
|Country of presence||2016||2017||2018|
|Total for the Group of Companies||3.7||11.2||5.5||16.6||4.0||8.2|
|Socialist Republic of Vietnam||1.3||10.2||1.7||18.5||1.8||4.1|
|Republic of Srpska (Bosnia and Herzegovina)||1.2||5.5||2.1||6.8||1.6||6.7|
|Republic of Cuba||0||46.7||0||27.3||0||54.5|
The growth of full turnover in the Republic of Cuba is associated with the expiry of labor contracts; at this, there were no dismissals caused by reasons covered by active turnover.
|Area of activities||Flow rate|
|Total for the Group of Companies||4.0||8.2|
|Zarubezhneft JSC branches and representative offices||4.2||33.3|
The high turnover rate in the Services segment in Russia is associated with the implementation of measures for labor performance improvement at Giprovostokneft JSC, VNIIneft JSC, EXPLON LLC; in the Upstream segment – with the dismissal of personnel at JV “Vietsovpetro”, at branches and representative offices – with low number of employees.