Compensation system and benefits at M. Narikbayev KAZGUU University

The university demonstrates its commitment to fair pay principles. A guaranteed portion of the salary (80%) is fixed, providing employees with a stable income and enabling them to plan their expenses. The variable portion of the salary (20%) is performance-based, motivating employees to improve their efficiency. We care about employees’ social security by offering them a comprehensive benefits package, including paid leave and other benefits. The university provides a broad range of learning and development opportunities for staff, supporting their professional growth and career advancement. The university’s salary rate is significantly higher than the established minimum living wage, which was set at 40,567 tenge in 2023 across the country https://online.zakon.kz/Document/?doc_id=1026672. The average salary at the university was 420,000 tenge in 2023. Moreover, the compensation system is free from any form of discrimination based on gender, age, race, nationality, or other grounds (HR policy, clause 2.2.16). The compensation system also includes bonuses and additional payments based on performance evaluation (KPIs). Performance assessment and determination of bonus amounts are conducted collectively in accordance with established regulations.