Hellas Gold: New, mutually beneficial Collective Bargaining Agreement with significant improvements for the employees
07.08.24
Athens, 07/08/2024
Hellas Gold announces the successful completion of a new, unified, and mutually beneficial three-year Collective Bargaining Agreement (CBA), with significant improvements for its employees that supports long-term sustainable success.
The new CBA lays the necessary foundation for the implementation of a unified and modern operational framework at the Kassandra Mines, through the continuous improvement of the working environment in terms of innovation, safety, and financial sustainability.
Moreover, the new agreement provides increases in basic salaries, additional one-off benefits and productivity incentives (bonuses), which boost employees’ income counterbalancing the negative impacts of the inflation. It also includes a renewed career development system aimed at staff development and career progression, based on transparency, inclusion, and meritocracy.
A crucial aspect of the new agreement is the provision for technological upgrades and the continued integration of best-in-class mining practices and technologies, which contribute to a safe and productive workplace and serve our commitment to continuously minimize our environmental footprint. Additional initiatives and benefits outlined in the CBA contribute to maintaining smooth and uninterrupted operations, while also promoting a more efficient production process.
Lastly, it is worth noting that, beyond to the obligations established in the new CBA, the company is committed to providing social benefits that improve the quality of life of its employees, thus fostering a better work-life balance.
