Salaries of Vítkovice Cylinders employees increased by 27 percent year-on-year 2. 2. 2023

Salaries of Vítkovice Cylinders employees increased by 27 percent year-on-year

"At the beginning of last year, we promised up to a 12% increase in the sum of tariffs and incentives. In the end, the salary increase is much more significant. It is a credit to the employees who fulfilled all the motivational indicators, and productivity jumped," said Tomáš Hladký, HR Director of Vítkovice Cylinders.
Since 2020, the employees of the manufacturer of high-pressure steel cylinders, vessels and containers for the transport of hydrogen and other gases have improved by 43 percent. The average gross wage in 2020 was approximately CZK 32,200, in 2021 it was CZK 36,380 and last year it was approximately CZK 46,180. In four-shift or continuous operations, employees earn up to CZK 50,000 per month. "Many of our colleagues who work in four shifts now perceive the financial motivation as very interesting. Thanks to this, we have managed to eliminate turnover and reduce sickness," said Hladký.
This year, from 1 January, the company, which currently has 400 employees, introduced a new bonus incentive system based not only on productivity, but also on teamwork.  LCD screens on the factory floor show how the team is doing and what bonus reward they are aiming for.
The main motive for Vítkovice Cylinders to raise wages last year was to at least partially eliminate the impact of inflation on earnings. At the same time, however, the goal was to increase labour productivity, which, given the large increase in real wages, has clearly been achieved. The company has very significantly strengthened motivation in the operations working on cylinders, vessels and containers for hydrogen technology. Vítkovice Cylinders is the world's largest manufacturer of high-pressure steel cylinders and a leader in the production and development of systems for storing and transporting hydrogen.

Media contact Eva Kijonková GSM: +420 721 857 097

Cylinders Holding a.s.
Členové skupiny Cylinders Holding a.s.