Salary Practices

Maintenance

The employee hiring practice remains the same as that reported in the 2008 report. And during the economic crisis the company made no changes to the benefits granted: health care, dental care, daycare for children, life insurance, meal vouchers, cars (for managerial level jobs), fuel reimbursement, mobile phones, national central health care, and private security.

Although the traineeship legislation has changed, trainees are still granted health care and meal vouchers. Anglo American has no part-time or temporary employees.

Regarding salaries, the lowest salary paid in each unit is higher than the local minimum salary. In 2009, the nickel, niobium and phosphate operations in Cubatão recorded a large difference in this variation. The highest salaries were paid in the niobium operation but, despite the good result, most of the salary increases only partially compensated for the losses recorded between 2007 and 2008. Niquelândia was the only unit in which proportion between lowest salary and local minimum salary was above that reported in 2007.

In Anglo American, the hiring base salary is the same for all functional categories, independently of the employee’s gender. The salary increase or differentiation criteria are related to seniority, competence, function and responsibility, among other factors of merely professional nature. In 2009, the company was able to reduce the salary differences between men and women, particularly for jobs in the administrative and operational sectors.