Vietnam: Sample of bonus decision on September 2, 2022? Are businesses required to reward employees?
The latest form of bonus decision on September 2, 2022 in Vietnam?
The latest sample bonus decision on September 2, 2022 can be referred to:
Download the award decision form on September 2, 2022: Here
Vietnam: Sample of bonus decision on September 2, 2022? Are businesses required to reward employees?
Which holidays are employees entitled to have paid leave according to Vietnamese regulations?
According to Article 112 of the Labor Code 2019 of Vietnam regulations on public holidays are:
“Article 112. Public holidays
1. Employees shall be entitled to fully paid days off on the following public holidays:
a) Gregorian Calendar New Year Holiday: 01 day (the 1st of January of the Gregorian calendar);
b) Lunar New Year Holidays: 05 days;
c) Victory Day: 01 day (the 30th of April of the Gregorian calendar);
d) International Labor Day: 01 day (the 1st of May of the Gregorian calendar);
dd) National Day: 02 days (the 2nd of September of the Gregorian calendar and the previous or next day);
e) Hung Kings Commemoration Day: 01 day (the 10th of the third month of the Lunar calendar).
2. Foreign employees in Vietnam are entitled to 01 traditional public holiday and 01 National Day of their country, in addition to the public holidays stipulated in Clause 1 of this Article.
3. The Prime Minister shall decide the specific public holidays mentioned in Point b and Point dd Clause 1 of this Article on an annual basis.”
Is it mandatory to reward employees according to Vietnamese regulations?
According to Article 104 of the Labor Code 2019 of Vietnam regulations on bonuses are:
“Article 104. Bonuses
1. A bonus means an amount of money, a piece of property or item that is provided by an employer for his/her employees on the basis of the business performance or the employees’ performance.
2. A bonus regulation shall be decided and publicly announced at the workplace by the employer after consultation with the representative organization of employees (if any).”
Thus, the above is a sample of the decision on holiday bonus that readers can refer to, according to the provisions of the Labor Code of Vietnam, the bonus regulation is decided by the employer and publicized at the workplace, so the reward for the ceremony is determined by the employees are optional and depend on each company or organization.
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