New guidelines on Salary and Wage

11/2/2016           |      Print      Send to friend

New guidelines on Salary and Wage
New guidelines on Salary and Wage

In August 2015, The Ministry of Labor, War Invalids and Social Affairs has promulgated 03 Official Letters to provide guidelines for implementing instruction on calculating monthly salary, annual leave and holiday wages for employees working in shift. Specifically as follows:

1.         Monthly salary calculation

Under Article 22 of Decree 05/2015 / NĐ-CP providing guidelines for the implementation of some contents of the Labor Code and Article 4 of Circular 23/2015 / TT-BLĐTBXH guiding a number of Articles on wages of Decree 05/2015 / NĐ-CP:

  • Time-based wage for employees is calculated by the actual working time of employees by month, week, day, and hour.
  • Monthly salary is determined on the basis of labor contracts;
  • Daily wage is equal to monthly salary divided into actual number of working days in the month in accordance with labor law, and chosen by the employer.
  • The number of normal working days in a month is decided by employers but must follow the regulations on working time, rest time stipulated by the Labour Code.

The above content is mentioned in Official Letter 3230 / 12.08.2015 LĐTBXH-LĐTL dated August, 12, 2015.

2. Annual holiday wage calculation

If the company has planned annual holiday (which has been consulted with the Union and has been notified to employees) and now requests employees to work on such holidays, the employees will be paid at least 300% of current wage rate, excluding wage for paid leave to employees working on daily wage basis.

If the employees have not take the annual leave or still have annual leave left at the end of the applicable year or at the time of resignation or termination, they will get paid for the pending annual leave as regulated at Point 4 of Article 26 of the Decree 05/2015 / NĐ-CP.

The above content is mentioned in Official Letter 3234 / LĐTBXH-LĐTL dated August, 13, 2015.

3. Holiday wage for employees working in shift

Under provisions in Article 105 of the Labour Code, night-shift working hours last from 10.00 p.m. to 6.00 a.m. of the following day.

Article 115 of the Labor Code states that employees get full paid for public holidays.

Based on the above regulations, in case employees work in shift from 10.00 p.m. of previous day to 6.00 a.m. of the following day which falls on holiday, the employees will get paid for working overtime on public holidays for the period from 0.00 a.m. to 6.00 a.m. of public holiday specified in Article 97 of the Labor Code.

The above content is mentioned in Official Letter 3210 / LĐTBXH-LĐTL dated August, 12, 2015.

 



Releted post

REASONS THAT MAKE YOUR EMPLOYEES FLY AWAY

REASONS THAT MAKE YOUR EMPLOYEES FLY AWAY

7/16/2018

As an expert in human resources field, you are fully aware that there would always be the case when your employees consider moving to a new workplace.

Read more

THE IMPORTANCE OF EMPLOYEES’ SATISFACTION TO COMPANY’S PERFORMANCE

THE IMPORTANCE OF EMPLOYEES’ SATISFACTION TO COMPANY’S PERFORMANCE

7/16/2018

According to economists, a company works just like a juice machine.

Read more

HOW TO ENCOURAGE FEMALE PINELINE IN WORKPLACES?

HOW TO ENCOURAGE FEMALE PINELINE IN WORKPLACES?

7/16/2018

According to recent researches, companies that include women in teamwork are getting more success in planing, problem-solving, coordination and analysis.

Read more

TACTICS TO HIRE SPECIALIZED TALENT

TACTICS TO HIRE SPECIALIZED TALENT

7/16/2018

People have debated all over if it is best to hire staff who attain a great deal of general skills or one who owns specific expertise.

Read more

TIPS TO BECOME A SUCESSFUL HR MANAGER

TIPS TO BECOME A SUCESSFUL HR MANAGER

7/10/2018

It does take time and effort to become a true professional HR manager.

Read more

LOOKING FOR CULTURAL FIT? TRY THESE INTERVIEW QUESTIONS

LOOKING FOR CULTURAL FIT? TRY THESE INTERVIEW QUESTIONS

7/10/2018

The task of an HR manager is not just hiring the most qualified candidate from the list and be done with it.

Read more

BLIND HIRING: HOW IT WORKS?

BLIND HIRING: HOW IT WORKS?

7/10/2018

Blind hiring may sound unfamiliar to may people; however, it is one of an HR practice, effectively aming at eliminating bias in the recruitment process.

Read more

REMOTE WORKERS RECRUITMENT FOR START UP

REMOTE WORKERS RECRUITMENT FOR START UP

7/10/2018

Perhaps the hardest things for any startup in the first phrase is to find suitable people to help them “up” from the “start”.

Read more

TALENT ACQUISITION AND PEOPLE WITH DISABILITIES?

TALENT ACQUISITION AND PEOPLE WITH DISABILITIES?

7/2/2018

People having somewhat types of disabilities account for almost 15 percent of the world’s total poluation, equalling to approximately one billion people all over the world.

Read more

HOW TO ATTRACT TALENTS FROM GENERATION Z?

HOW TO ATTRACT TALENTS FROM GENERATION Z?

7/2/2018

The term “Generation Z” is now widely used as a mordern way to address post-millennials, those who was born in 1995 onwards (up to 23 years old).

Read more

THE ADVANTAGES OF JOB FAIRS FOR RECRUITERS

THE ADVANTAGES OF JOB FAIRS FOR RECRUITERS

7/2/2018

Totally opposite to general belief, the era of career fairs are not over.

Read more

THE ISSUE OF NEW HIRES RETENTION RATE

THE ISSUE OF NEW HIRES RETENTION RATE

6/30/2018

According to a recent research about recruitment and human resources, almost all interviewed top executive believe that the new hires retention is a great issue currently in their organization.

Read more

THREE RECRUITMENT TRICKS THAT WILL DELIVER SUPRISING OUTCOMES

THREE RECRUITMENT TRICKS THAT WILL DELIVER SUPRISING OUTCOMES

6/27/2018

There is an undeniable fact about hiring and recruitment, it is that wheter you are a hater or lover, you will need to accept new roles into the team to enable business growth.

Read more

SUPRISING RECRUITMENT LESSONS FROM MI5

SUPRISING RECRUITMENT LESSONS FROM MI5

6/27/2018

Everybody might have a moment of dreaming to become a super spy like Black Widow or James Bond.

Read more

TACTICS TO INCREASE ENGAGEMENT AMONG THE WORKPLACE DURING WORLD CUP PERIOD

TACTICS TO INCREASE ENGAGEMENT AMONG THE WORKPLACE DURING WORLD CUP PERIOD

6/27/2018

With the kick start of World Cup 2018, one of the biggest football tournament all over the world, some companies are worried about a potnetial downturn in productivity.

Read more

HOW PROVIDING EMPLOYEES BENEFITS WILL SAVE THE COST FOR YOUR COMPANY

HOW PROVIDING EMPLOYEES BENEFITS WILL SAVE THE COST FOR YOUR COMPANY

6/27/2018

A few extra gifts such as vouchers for childcare of discounts of high end products will not only bring happiness to your staff, but also can positively benefit your business.

Read more

How to choose the most suitable candidates not based on Resume?

How to choose the most suitable candidates not based on Resume?

6/7/2018

A LikedIn profile or a normal CV is a crucial document for any candidates wanting to find a potential job.

Read more

Vietnam current labor force situation: Demand – Supply Mismatch

Vietnam current labor force situation: Demand – Supply Mismatch

6/7/2018

Although Vietnam has been recognized as a country with abundant labor resources, backed by the young population.

Read more

BASIC STEPS IN THE TALENT ACQUISITION PROCESS

BASIC STEPS IN THE TALENT ACQUISITION PROCESS

6/7/2018

Business of all sizes: from small, medium to big, all need a process for talent acquisition.

Read more

SOME FUNDAMENTAL TRANSITIONS  IN TODAY’S TALENT ACQUISITION STRATEGY

SOME FUNDAMENTAL TRANSITIONS IN TODAY’S TALENT ACQUISITION STRATEGY

6/7/2018

The world of human resources and recruitment is undergoing rapid changes, and traditional talent acquisition activities do not deliver the same sucess as they did before.

Read more

NECESSARY QUALITIES OF MORDERN RECRUITERS

NECESSARY QUALITIES OF MORDERN RECRUITERS

6/7/2018

There is no single characterisitc that determines a competent recruiter.

Read more

TOP REASONS TO USE GOOGLE ADWORDS FOR RECRUITMENT

TOP REASONS TO USE GOOGLE ADWORDS FOR RECRUITMENT

5/29/2018

At Faro Recruitment Vietnam, our talent acquisition strategy is executed across a variety of marketing and advertising channels and platforms.

Read more

HOW L’OREAL USE FACEBOOK AND TWITTER TO BACK THEIR RECRUITMENT CAMPAIGN

HOW L’OREAL USE FACEBOOK AND TWITTER TO BACK THEIR RECRUITMENT CAMPAIGN

5/29/2018

The L’Oreal Group is widely regarded as one of the world’s biggest beauty and cosmetic firm

Read more

SOME NOTABLE PROBLEMS IN RECRUITMENT AND SELECTION

SOME NOTABLE PROBLEMS IN RECRUITMENT AND SELECTION

5/29/2018

The staff quality from your hiring process all depends on the effectiveness of a recruitment and selection strategy.

Read more

HOW TO FIX THE MISTAKE OF HIRING THE WRONG PERSON?

HOW TO FIX THE MISTAKE OF HIRING THE WRONG PERSON?

5/25/2018

It requires a non-stop process with non-stop effort to establish a startup.

Read more

TOP INTERVIEW MISTAKE MISTAKES TO AVOID

TOP INTERVIEW MISTAKE MISTAKES TO AVOID

5/25/2018

The process of recruitment can be expensive and time-consuming, so every recruiter wants to make the results worth the effort.

Read more

FLEXIBLE RECRUITMENT – THE STRATEGY OF MODERN TIME

FLEXIBLE RECRUITMENT – THE STRATEGY OF MODERN TIME

5/23/2018

In the modern world today, many SMEs have realized the benefits of long term planning in operation.

Read more

Four negotiation tips that recruiters need to know

Four negotiation tips that recruiters need to know

5/23/2018

Negotiation is an essential and big part of a recruiters’ job.

Read more

Talent acqusition case study at Uniliver

Talent acqusition case study at Uniliver

5/23/2018

In the past, recruitment was a very manual process, requiring Personal, face-to-face or voice-to-voice interactions.

Read more

THE BENEFIT OF HEADHUNTING SERVICES

THE BENEFIT OF HEADHUNTING SERVICES

5/18/2018

With the booming of headhunting services, job seekers are now provided with better opportunities to present their value with top-performing organizations.

Read more

Ho Chi Minh city has high recruitment demand in 2nd quarter

Ho Chi Minh city has high recruitment demand in 2nd quarter

5/18/2018

According to Vietnam News, it is estimated that about 80,000 new staff will be needed in Ho Chi Minh region for the second quarter of 2018.

Read more

3 LESSONS OF APPLYING MARKETING INTO TALENT RECRUITMENT STRATEGY

3 LESSONS OF APPLYING MARKETING INTO TALENT RECRUITMENT STRATEGY

5/18/2018

When it comes to recruiting the best candidates for your organization, HR managers can learn a lot from the marketing department.

Read more

How to eliminate unwanted candidates

How to eliminate unwanted candidates

5/18/2018

Hiring new talent is never an easy task.

Read more

ADD SOME MARKETING TACTICS TO TALENT ACQUISITION STRATEGY

ADD SOME MARKETING TACTICS TO TALENT ACQUISITION STRATEGY

5/18/2018

Despite belonging to different departments within one organization, recruiters and marketers in Vietnam still do not have many things in common, lacking cooperation to perform an effective acquisition strategy.

Read more

SOME MOST NOTABLE RECRUITMENT TREND IN 2018

SOME MOST NOTABLE RECRUITMENT TREND IN 2018

5/11/2018

Hiring talented employee has become a must for organizations.

Read more

USING EMPLOYEES AS YOUR FIRM’S BRAND AMBASSADORS

USING EMPLOYEES AS YOUR FIRM’S BRAND AMBASSADORS

5/11/2018

According to the recent statistics, about 84 percent of recruiters and 80 percent of HR managers understand the value of hiring the right people.

Read more

TEMPORARY STAFFING SOLUTION – A MITIGATION FOR YOUR EMPLOYING PROBLEM

TEMPORARY STAFFING SOLUTION – A MITIGATION FOR YOUR EMPLOYING PROBLEM

5/8/2018

Staffing solution has always been a tricky question that each of the employers have to answer in the constant changing business growth.

Read more

Top reasons that a ceo should have a talent acquisition strategy

Top reasons that a ceo should have a talent acquisition strategy

5/8/2018

Top leaders, with years of experiences and in-depth knowledge in the market, do understand that business innovation, growth and competitiveness cannot happen if they do not have the right mix of employees.

Read more

Most common recruitment channels for talent acquisition

Most common recruitment channels for talent acquisition

5/8/2018

Searching and maintaining the talent sources within an organization is a continuously ongoing process.

Read more

Existing problems for hiring employees in Viet Nam

Existing problems for hiring employees in Viet Nam

5/8/2018

Together with the development of national economy, Vietnam’s workforce has systematically grown in terms of both quantity and quality.

Read more

Executive Search solution has been performed as an excellent assistant for the business

Executive Search solution has been performed as an excellent assistant for the business

5/4/2018

Executive search solution has been performed as an excellent assistant for the business to reach and attract its top qualified staffing, contributing as an essential strategy in recruiting process.

Read more

Headhunter demand in Vietnam is on the rise

Headhunter demand in Vietnam is on the rise

5/4/2018

As the economic prospect in Vietnam is expected to further move forward with stable inflation rate of around 3%.

Read more

Requirement of workforce for industry 4.0 in Vietnam

Requirement of workforce for industry 4.0 in Vietnam

5/4/2018

As the economic prospect is on the increase, Vietnam has become a significantly lucrative destination for international organizations working in all fields.

Read more

HR outsourcing is a prioritized choice for any businesses

HR outsourcing is a prioritized choice for any businesses

5/2/2018

Human resource (HR) outsourcing is basically when a business has an employing functions done by a third company.

Read more

Recruitment firms give huge value to the company

Recruitment firms give huge value to the company

5/2/2018

Employment agency is the mediator to help the employees find their ways to the right jobs.

Read more

Including boomerang hire in your talent acquisition strategy

Including boomerang hire in your talent acquisition strategy

5/2/2018

Boomerang hire refers to the action of re-recruitment of staff who had already worked and left the organization in the past.

Read more

Corporate branding is crucial to enhance the success of  recruitment strategy

Corporate branding is crucial to enhance the success of recruitment strategy

5/2/2018

It is undeniable that people want to work for fancy workplaces, which are appealing just from hearing the brand name: Facebook, Google, Zappos. These company score high in the recruitment market due to its well known culture.

Read more

The importance of headhunting firms

The importance of headhunting firms

4/28/2018

In the market of recruitment, head hunting is not a new term for anybody who are working in the field for quite a few years; in the broader categories, many potential candidates may hear about this term previously.

Read more

Headhunter companies - local compilation aimed at global development

Headhunter companies - local compilation aimed at global development

4/28/2018

Head hunting is one of the employing process in which the recruiters are searching for an individual with a particular set of skills that are suitable for an available vacant preceding the task of calling and convincing that one to be in recruiting tests.

Read more

The importance of salary negotiation in talent acquisition

The importance of salary negotiation in talent acquisition

4/28/2018

It is undeniable that most businesses need suitable talent acquisition tactics to increase the talent pool. Among these strategies, salary negotiation plays a crucial part.

Read more

Modern talent acquisition strategy should involve social media

Modern talent acquisition strategy should involve social media

4/28/2018

As we are living in the era of high technology with booming in social media platform, notably Facebook, Instagram, Twitter and Linked In, it is high time to breakthrough from traditional talent acquisition strategies by taking a closer attention to detail.

Read more

Top 3 strategies for talent acquisition

Top 3 strategies for talent acquisition

4/27/2018

Talent acquisition plays an important part in helping company/ brand identify, recruit and retain the necessary work force for business growth and maintenance

Read more

Agency Employment- All you need to know

Agency Employment- All you need to know

4/24/2018

Agency employment basically does not have request for any specific vacant application, rather, it offers the candidates free choice of fields to enter into. Hence, the source of portfolios will enlarge resulting in a strong and diverse market.

Read more

Our office is closed for Hung Kings Anniversary on 25th April 2018

Our office is closed for Hung Kings Anniversary on 25th April 2018

4/24/2018

Our office is closed for Hung Kings Anniversary on 25th April 2018

Read more

Find the job that is perfect for you with Employment Staffing Services

Find the job that is perfect for you with Employment Staffing Services

4/24/2018

The very first and original basement of every corporation are their official employee or employment staffing. They are the main engine for chief operation and also responsible for the development of the businesses. For this reason, they have all the privileges that a formal, long-term member should have.

Read more

Perfect option for HR Talent Acquisition in Vietnam

Perfect option for HR Talent Acquisition in Vietnam

4/18/2018

Human resources talent acquisition is a specific term for those who major in human resource (HR) management, whose job responsibilities are evaluating current staff capacities, demands, and foretelling how the future’s requirements are shifting to

Read more

The throne of Talent Acquisition Consultant in the modern recruitment picture

The throne of Talent Acquisition Consultant in the modern recruitment picture

4/18/2018

Talent acquisition consultant must be able to identify what characteristics are in need for a particular position, anticipate what is or will be the needs of the current market, and understand job demands to generate assessment for working capacity of the nominee

Read more

Professional temporary employment services in Vietnam

Professional temporary employment services in Vietnam

4/18/2018

Temporary employment or seasonal work is the expanding of vacancies due to high or intensive needs within a specific period of a company

Read more

Hot Jobs from Faro Vietnam

Hot Jobs from Faro Vietnam

4/3/2018

Cơ hội mới, thách thức mới với những benefit vượt trội cho những ứng viên dám thử sức mình.

Read more

Our office is closed for Lunar New Year

Our office is closed for Lunar New Year

2/13/2018

Our office is closed for Lunar New Year

Read more

Opportunities with Faro Vietnam

Opportunities with Faro Vietnam

8/23/2017

Opportunities with Faro Vietnam

Read more

Update of compulsory insurance contributions in Vietnam

Update of compulsory insurance contributions in Vietnam

7/25/2017

In order to reduce the burden on employers and to promote business, the Government has submitted a proposal to....

Read more

What is Human Resource Service Delivery?

What is Human Resource Service Delivery?

7/17/2017

Human Resources provides many functions to the organisation, such as payroll processing, employee benefits and career advice..

Read more

How Payroll Systems work

How Payroll Systems work

7/17/2017

Payroll software does a lot of the heavy lifting of payroll management for you. Like outsourced payroll services, payroll software requires very little input from the employer, just employee wage...

Read more

OnPay Review: The Best Payroll Service for Very Small Businesses

OnPay Review: The Best Payroll Service for Very Small Businesses

7/15/2017

OnPay's online payroll services take care of all payroll and payroll tax responsibilities for small businesses. The service allows an...

Read more

SurePayroll: Best Household Online Payroll Service

SurePayroll: Best Household Online Payroll Service

7/15/2017

SurePayroll offers services for all types of household employees, allows unlimited payroll runs and provides full tax services.

Read more

Difference Between HR Assistance & HR Associate

Difference Between HR Assistance & HR Associate

7/15/2017

As a small business grows, the owners may find they need more than one human resource worker to handle all job duties in...

Read more

Gusto Review: The Best Payroll Service for Sole Proprietors or S Corp

Gusto Review: The Best Payroll Service for Sole Proprietors or S Corp

7/14/2017

After conducting extensive research and analysis, we recommend Gusto as our 2017 pick for the best online payroll service for...

Read more

Intuit: The Best Online Payroll Service for Small Business Overall

Intuit: The Best Online Payroll Service for Small Business Overall

7/13/2017

After conducting extensive research and analysis, we recommend Intuit Payroll as our 2017 pick for the best online payroll service for small businesses. We chose Intuit from...

Read more

Announcement: Change in Regional Telephone Codes in Vietnam

Announcement: Change in Regional Telephone Codes in Vietnam

7/7/2017

Regional telephone codes has been changed from 17 July

Read more

RESEARCHER VACANCY

RESEARCHER VACANCY

5/17/2017

RESEARCHER VACANCY - Hot JOBS in May

Read more

Decision No. 595/QD-BHXH

Decision No. 595/QD-BHXH

5/17/2017

Decision No.595/QĐ-BHXH providing guidelines on procedures of collecting Social Insurance, Health Insurance, Unemployment Insurance, Insurance on Labor Accident and Occupation Diseases, managing Social Insurance Book and Health Insurance Card dated 14 April 2017.

Read more

Decree 47/2017/NĐ-CP on new common minimum salary w.e.f 01 Jul 17

Decree 47/2017/NĐ-CP on new common minimum salary w.e.f 01 Jul 17

4/27/2017

Decree 47/2017/NĐ-CP on new common minimum salary w.e.f 01 Jul 17

Read more

Labor Subleasing Services and Staffing Services

Labor Subleasing Services and Staffing Services

4/15/2017

In the trends of your company wants to expand, develop and still want to operate as a lowest manning headcount, or short-term project...

Read more

Why do Companies Hire Human Resource Outsourcing?

Why do Companies Hire Human Resource Outsourcing?

4/11/2017

Why do Companies Hire Human Resource Outsourcing?

Read more

The 4Ws of Outsourcing

The 4Ws of Outsourcing

4/4/2017

If your organization is new to outsourcing, you might be confused about it and making the right decisions about why outsource, who to outsource to, when to outsource, and what to outsource can go a long way in helping you make the most out of outsourcing. This article gives you insight on the 4Ws of outsourcing.

Read more

Temporary Staffing Solutions

Temporary Staffing Solutions

4/3/2017

Across the country, organisations big and small are struggling to deal with increased government regulations and volatile market demand. When things are uncertain, you may not want to hire permanent employees on a full-time basis.

Read more

Trends in recruiting senior staff in Vietnam

Trends in recruiting senior staff in Vietnam

4/3/2017

Vietnam has just began opening up to the world about 20 years, and in fact, large companies owned by Vietnamese and companies with foreign investment in Vietnam have been really operating in less than 10 years. Therefore, managers who have basically accessed to multinational companies also have the same seniority working style. Number of qualified people with knowledge and skills of professional management is not really much.

Read more

DECREE NO. 27-2016-QH14 ADJUST BASE SALARY

DECREE NO. 27-2016-QH14 ADJUST BASE SALARY

3/29/2017

DECREE NO. 27-2016-QH14 ADJUST BASE SALARY

Read more

FARO VIETNAM REPORT 2017

FARO VIETNAM REPORT 2017

3/27/2017

On an annual basis, Faro Recruitment conducts a specialized research among employers and HR professionals in major countries and cities in APAC - the Faro Report. This Report aims to track and estimate market movements through a statistical approach, bringing you the most essential information in recruitment, salaries and HR challenges in the ever-changing world.

Read more

FARO VIETNAM 11 YEAR ANNIVERSARY

FARO VIETNAM 11 YEAR ANNIVERSARY

3/23/2017

FARO VIETNAM 11 YEAR ANNIVERSARY

Read more

Notification on changing office location

Notification on changing office location

1/2/2017

Our Ho Chi Minh Office will be moved to new location from August 1st 2016

Read more

New requirement of medical department in enterprises

New requirement of medical department in enterprises

11/15/2016

Enterprises must have local medical staff from 1st July 2016

Read more

UNEMPLOYMENT INSURANCE

UNEMPLOYMENT INSURANCE

10/21/2016

Some of detailing regulations on unemployment insurance under Circular No. 28.2015/TT-BLDTBXH

Read more

Search

Tags


Follow us