Lithuania Post to increase salary fund by €1m

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Lithuania Post will increase salaries paid to the employees working in the lowest-paid positions by allocating an additional €1m (US$1.05m) over the course of 2015 to its salary fund.

“I am glad that Lithuania Post, run by the Ministry of Transport and Communications, has a socially-driven attitude towards the company’s employees and increases both their income and satisfaction with the company and life in Lithuania,” minister of transport and communications, Rimantas Sinkevi?ius, commented.

“Lithuania Post is one of the largest employees in Lithuania. In cooperation with trade unions carrying out their activities within the company, we are striving to improve working conditions, to make investments into employees’ education, and to generate and increase motivation. Considering the changes in the market, we have revised salaries for the largest employee group. As of April, [a further]€1m (US$1.05m) will be allocated to the salary fund,” said Lina Minderien?, CEO, Lithuania Post.

Alma Smilgien? and Svaj?nas Andriulis, chairmen of trade unions active within the company, said they were glad that the company has used favourable circumstances to increase the salary fund: “We are pleased to have a close cooperation with the management of the company. Last year, a new collective agreement was signed. This agreement provided additional opportunities and privileges, and this year, as a result of better financial performance, we can talk about [a]salary rise for the lowest-paid positions.”

According to Minderien?, the additional funds will be paid in a form of increased basic salary, not bonus payments. It is estimated that more than 3000 employees – heads of post offices, customer service specialists, postmen in mail escort, sorting staff, operators – will receive higher salaries.

April 13, 2015

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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