The company’s leadership agreed to add a compensation of $78 to the salary and offer a 6% salary rise.
The company said it will consider other demands raised by workers about the suspension of the recruitment of foreigners and discrimination.
At present the company employs 1 000 people, 400 of which are foreigners.
The workers said the minimum salary will be $291 after that.
Jahangir Aliyev, Chairman of the Labor Union told APA-Economics that the discussions were also attended by the workers.
According to him, the company agreed to raise a 6% salary rise from June 1 and reconsider salaries in February annually.
About 1000 employees went on strike on June 11. The strikers said they will go on strike again if their demands are not met. They demanded a salary rise, salary in the national currency and reduction of the difference between their salary and foreigner workers’. Singapore-owned Caspian Shipyard is a subcontractor of Italian Agip that functions in Kazakhstan.