On November 12, 2020, with the approval rate reaching 92.53%, the National Assembly officially passed a Resolution on the state budget estimate in 2021.
The National Assembly voted to approve the Resolution of the 9th session, deciding not to adjust the common minimum salary for officials, public servants, officers, armed forces and pensions from July 1, 2020.
Determining the starting salary for a new position is sometimes harder than setting the price for a company's product or service, especially if the position you want to hire is a brand new title for your business
Government just issued Decree No. 90/2019/NĐ-CP on 15 November 2019 regulating the minimum regional salary for the laborer working under a labor contract with effect from 01 January 2020.
Pursuant to the Decree, the common minimum salary shall increase from VND1,390,000/month to VND 1,490,000/ month from 01 July 2019
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.
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