What is the minimum salary of officials after the salary reform in Vietnam in 2024 according to Resolution 27?
What is the minimum salary of officials after the salary reform in Vietnam in 2024 according to Resolution 27?
Based on subsection 2.2, Section 2, Part II of Resolution 27/NQ-TW of 2018, it is stated as follows:
DIRECTING VIEWPOINTS, OBJECTIVES AND CONTENT OF REFORM
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2. Objectives
2.2. Detail goal
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(2) From 2021 to 2025 and vision to 2030
a) For the public sector
- From 2021, apply a new unified salary regime for officials, public employees, and armed forces in the entire political system.
- In 2021, the minimum salary of officials and public employees is equal to the average region-based minimum salary in the business sector.
- Periodically raise wages in accordance with the consumer price index, economic growth and state budget capacity.
- By 2025, the minimum salary of officials and public employees will be higher than the average region-based minimum salary in the business sector.
- By 2030, the minimum salary of officials and public employees will be equal to or higher than the highest region-based minimum salary of the enterprise sector.
Thus, according to the guiding viewpoint in Resolution 27/NQ-TW of 2018 mentioned above, the minimum salary of officials and public employees when reforming salary is as follows:
The salary reform roadmap is implemented step by step. Initially, it is expected that from 2021 the minimum salary of officials and public employees will be equal to the minimum average salary of regions in the business sector. However, due to the impact of the Covid-19 epidemic, salary reform has been postponed and postponed until now.
Also according to Resolution 27/NQ-TW of 2018, periodically raise salary levels in accordance with the consumer price index, economic growth and state budget capacity.
Accordingly, if the salary reform roadmap of Resolution 27/NQ-TW of 2018 is still followed, in 2024, the minimum salary of officials and public employees will likely be higher than the average region-based minimum salary of the business sector.
The reason is because according to the above roadmap, in 2021 the minimum salary of officials and public employees will be equal to the average region-based minimum salary in the business sector. Accompanied by periodically raising the salary level in accordance with the consumer price index, economic growth and the capacity of the state budget.
In addition, when implementing salary reform in 2024, the new salary of officials and public employees will not be lower than the current salary.
By 2025, the minimum salary of officials and public employees will be higher than the average region-based minimum salary in the business sector.
The ultimate goal is that by 2030, the minimum salary of officials and public employees must be equal to or higher than the highest region-based minimum salary of the enterprise sector.
What is the minimum salary of officials when salary reform 2024 according to Resolution 27?
Will officials receive salaries according to their job position after the salary reform in Vietnam in 2024?
Pursuant to subsection 3.1, Section 3, Part II of Resolution 27/NQ-TW of 2018, when implementing salary reform, the salary applied to officials, and public employees is no longer calculated according to coefficients and statutory pay rate as it is today.
As expected, if nothing changes, salary reform will be implemented from July 1, 2024 for officials, public employees, workers in the public sector and workers in enterprises.
Accordingly, officials and public employees will be issued a new salary system based on job position, title and leadership position to replace the coefficient x statutory pay rate. Salary reform of officials and public employees will be guaranteed not to be lower than the current salary.
What is the new salary structure after the salary reform in Vietnam in 2024?
Based on subsection 3, Section II of Resolution 27/NQ-TW of 2018, it states the contents of salary reform for officials, public employees and the armed forces (public sector).
Reform content
3.1. For officials, public employees and armed forces (public sector)
a) Design a new salary structure including: Base pay (accounting for about 70% of the total salary budget) and allowances (accounting for about 30% of the total salary budget). Additional bonus (bonus fund equals about 10% of the year's total salary fund, excluding allowances).
In particular, the salary structure of officials, public employees and the armed forces (public sector) when implementing salary reform will include:
- Base pay (accounting for about 70% of total salary budget);
- Allowances (accounting for about 30% of total salary budget);
- Additional bonus (bonus fund equals about 10% of the year's total salary fund, excluding allowances).
Thus, it can be seen that the new salary structure for officials (public sector) includes the above items. In addition, build and issue a new payroll system based on job position, title and leadership position to replace the current payroll system; Change the old salary to the new salary, ensuring it is not lower than the current salary.
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