The term of the Collective Agreement for TMH-Service employees is three years and for employees of Zheldorremmash is one year.

General Director of Locomotive Technologies Aleksey Belinsky said: “The signing of the collective agreement is an important deal for any company, but for us it is of double significance. We appreciate constructive relations with the union and in the course of joint development of the document discussed all the proposals made by representatives of both parties. In many respects our views coincided, in other cases a compromise was found. As a result, we have developed a coordinated position that will determine the social policy of TMH-Service and Zheldorremmash in the coming years.”

Chairman of the primary trade union organization ROSPROFZHEL of TMH-Service LLC and OPPO ROSPROFZHEL of JSC Zheldorremmash Nikolay Dankovtsev noted that "the new edition of the collective agreements retained the existing benefits to the maximum extent and took into account the interests of employees even under difficult economic conditions."

New versions of the collective agreements retained such important social guarantees for employees as lump-sum payments on retirement for the first time, compensation for travel in compartment cars of long-distance trains and commuter trains, a set of allowances and material assistance, and other benefits and guarantees. In the first half of 2016 Locomotive Technologies paid 151.8 and 358.4 million rubles to implement social guarantees under the collective agreement of JSC Zheldorremmash and TMH-Service LLC respectively.

The collective agreement is the main document (after the Labour Code) regulating social and labour relations at the enterprise and the employer's obligations within the framework of social policy and corporate social responsibility.

In particular, it regulates the conditions for the social support of workers and non-working pensioners, the conditions for payment of a lump-sum bonus in connection with retirement, the procedure for providing material assistance and benefits, travel expenses, conditions for non-state pension provision, as well as voluntary medical insurance, compensation for kindergartens and camps for children of the employees, etc.