Employees waiting for access at the Tizapa unit
Mexican Social Security Institute clinic at Tizapa
JOB, WAGES AND OTHER BENEFITS
Mexican Social Security Institute clinic at Tizapa
JOB, WAGES AND OTHER BENEFITS
101-2.2, 101-2.5, 103-1, 103-2, 103-3
Peñoles provides competitive and fair compensation and benefits to its employees; we provide them with opportunities to advance their skills and professional positions; we offer various recognitions through established mechanisms; we guarantee that raises and promotions are based on capacity, performance and merit; we promote and maintain safe, healthy, environmentally-friendly workplaces; we respect freedom of association and we prohibit any type of discrimination or harassment.
408-1-c
All personnel working at Peñoles are of legal age according to the applicable laws and international principles of labor ethics. To avoid hiring underage workers, we review and validate the admission documents of every candidate in all of our business units.
202-1, 405-2
We make no gender distinctions among our employees. Compensation policies and procedures are based on the relative value of the position in the organization and the performance of the person who holds that position. The relationship between starting or base salary and compensation paid to men and women is 1 to 1, and is established based on a table of market salary indicators, the level of responsibility of the position in question, and individual performance.
The company believes it is important to have an objective compensation system based on employees’ results, so their geographic location, gender, religion and other personal characteristics are not considered in calculating their compensation.
201-3
In 1980, Peñoles created a defined-benefit retirement plan that complements the Mexican Social Security Institute benefits to which employees are automatically entitled. In 2007, Peñoles changed this to a defined contribution plan called Planlibre®, in which each employee contributes at least 8.125% of their base salary. The plan is managed by a trust and is fully funded. There is no independent fund to cover the company’s contributions; the reserve for covering this expense is created on a monthly basis.
102-7-a.i, EM-MM-000.B
Peñoles had 7,708 employees as of December 31, 2020; counting international companies (88) and Fresnillo plc (5,753), this number rises to 13,549.
102-8-a, 102-8c, 405-1-a.i, 405-1-b.i
Peñoles employees* are classified as follows:
| Type of association | Type of contract | |||||
|---|---|---|---|---|---|---|
Total by |
Unionized |
Non-unionized |
Executives |
Full-time |
Part-time |
|
| Men | 88% |
94% |
77% |
88% |
88% |
88% |
| Women | 12% |
6% |
23% |
12% |
12% |
12% |
* These data include only Peñoles operations.
401-2 BENEFITS
8.125%
savings of their base salary in which each employee contributes to a plan called Planlibre®.
102-8-b
100% of Peñoles employees are full-time. Most of them work in the states of Coahuila, Durango, Zacatecas, State of Mexico and Mexico City, as can be seen in the following table.
405-1-b.ii, 405-1-a.ii
Employees are classified into generations by age, as the following table shows.
| State | % |
|---|---|
| Coahuila |
58.67 |
| Durango |
9.83 |
| Zacatecas |
9.02 |
| Guerrero |
8.60 |
| State of Mexico |
7.81 |
| Mexico City |
3.50 |
| Sonora |
1.78 |
| Chihuahua |
0.32 |
| Oaxaca |
0.19 |
| Nuevo León |
0.13 |
| Tamaulipas |
0.08 |
| Colima |
0.06 |
* These data include only Peñoles operations.
| Generation | Executives | Non-unionized | Unionized | Total |
|---|---|---|---|---|
| Traditionalist | 1 | - | - |
1 |
| Baby boomer | 144 | 164 | 219 |
527 |
| Generation X | 183 | 756 | 1,347 |
2,286 |
| Millennial | 65 | 1,911 | 2,918 |
4,894 |
| Suma | 393 | 2,831 | 4,484 |
7,708 |
* These data include only Peñoles operations.
9.57%
turnover index among non-unionized personnel.
Control room, Tizapa plant
336
of our employees were entitled to paternity or maternity leave.
401-1b
Peñoles reports an employee turnover index of 9.57 percent among non-unionized personnel. Among unionized personnel, turnover was 12.37 percent.
401-3
A total of 336 employees were entitled to take paternity or maternity leave during the year: 52 women and 284 men. All of them took advantage of that right, and all returned to work.
102-8-d
At the close of 2020, Peñoles had 5,414 independent contractors performing various jobs such as sanitation, security, fumigation, civil construction, calibration and maintenance of scales, insulation, landscaping, loading and unloading, boilers, data networks, among others.
102-8-e, 102-8-f
The data presented were obtained from payroll records. The number of Peñoles employees in 2020 (7,708) was 10.54% lower than in 2019 (8,616) due primarily to the closure of the Bismark mine and indefinite suspension of operations at Madero and Milpillas. The difference would have been even greater had we not relocated 267 of these employees to other group operations.
5,414
contractors perform various jobs at our operations.
Contractor at Sabinas unit
Employees with COVID-19 protective measures at Tizapa
In this 2020 Report we present the sustainability performance of the operations of Peñoles and the generation of shared value with the groups of interest.
