ORDER OF THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN

of February 21, 1996 No. 77

On regulation of compensation of heads of the state companies

For the purpose of streamlining of compensation of heads of the state companies the Government of the Republic of Tajikistan decides:

1. Approve the enclosed Regulations on regulation of compensation of heads of the state companies in case of appointment them to position or the conclusion with them employment contracts (contracts).

Payment terms of work of heads of the state companies determine the relevant organs of the government performing the powers of the owner (or the bodies authorized by them) having the right to sign the employment contract (contract).

Employment contracts with heads of the companies of other patterns of ownership in which the share of state-owned property constitutes 50 and more than 50%, consists on the basis of this Provision.

3. The signed earlier employment contracts (contracts) with heads of the state companies are reviewed if they do not correspond to the Provision approved by this resolution.

4. Grant the right to heads of body to which the rights of the owner are delegated and with which the agreement (contract) is signed, to establish to heads of the state companies of the allowance for accomplishment of especially important work at the rate to 50% of official pay rate. These allowances are cancelled or decrease in case of untimely task performance, work quality degradation, and also in case of violation of labor discipline.

5. To the Ministry of Labour, migration and employment of the population of the Republic of Tajikistan and the Industry ministry and new technologies for cases of the industry to develop technique of determination of main occupation of the worker at the company.

Approved by the Order of the Government of the Republic of Tajikistan of February 21, 1996 No. 77

Regulations on regulation of compensation of heads of the state companies in case of the conclusion with them employment contracts (contracts)

1. This Provision regulates compensation of heads of the state companies.

2. Compensation of the head is created of official pay rate and payments on approved and approved with the owner Polozheniya about awarding (the current award following the results of economic activity, to special awards, etc.).

3. Official pay rates of heads are established individually depending on the size of the tariff charge of 1 category of the worker of the main occupation determined at this company depending on payroll number of workers:

+-------------------------------------------------------------------+
¦   Списочная    ¦ Кратность к величине тарифной ставки рабочего    ¦
¦  численность   ¦ 1 разряда основной профессии на  предприятии     ¦
¦     (чел)      ¦                                                  ¦
+----------------+--------------------------------------------------¦
¦ до 100         ¦                  до 10                           ¦
¦ до 100 - 1000  ¦                  до 12                           ¦
¦    1000- 5000  ¦                  до 16                           ¦
¦    свыше 5000  ¦                  до 20                           ¦
+-------------------------------------------------------------------+

Note: The size of official pay rate in the specified limits is regulated depending on complexity of production to heads of body to which the rights of the owner are delegated.

4. The amount of remuneration following the results of accounting year is determined due to the assignments from profit directed to fund of financial incentive. Amount of remuneration following the results of year is paid taking into account working life of the head at the company and its labor contribution (actually worked time). The body to which the rights of the owner are delegated and with which it signs the contract (agreement) grants permission for payment of annual bonus.

Remuneration following the results of is paid after delivery of the established reporting of the company.

5. Features of application of this Provision in separate industries are approved with the Ministry of Labour, migration and employment of the population of the Republic of Tajikistan.

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