Guidelines for adjustment of pay grade for managerial personnel in Deposit Insurance of Vietnam
This content is specified in Circular No. 32/2016/TT-BLĐTBXH of the Ministry of Labor - Invalids and Social Affairs of Vietnam on guidelines for the management of employees and remunerations in Deposit Insurance of Vietnam.
Article table of contents
According to Circular No. 32/2016/TT-BLĐTBXH of the Ministry of Labor - Invalids and Social Affairs of Vietnam, adjustment and promotion of pay grade for managerial personnel are carried out as follows:
- The adjustment and promotion of managerial personnel’s pay grade upon the re-ranking of Deposit Insurance of Vietnam or in other events shall be governed by Part 2 Circular No. 27/2016/TT-BLĐTBXH on guidelines for the delivery of remunerations to managerial personnel in single-member limited liability enterprises in which the Government holds 100% of the charter capital.
- The pay grade for the Chairperson of the Board of Directors of Deposit Insurance of Vietnam, when defined according to the above provision, shall be equal to that of the Chairperson of the Members' Council or the Chairperson of the enterprise. The pay grade for members of the Board of Directors of Deposit Insurance of Vietnam shall be equal to that for members of the Members' Council.
View relevant provisions at Circular No. 32/2016/TT-BLĐTBXH of the Ministry of Labor - Invalids and Social Affairs of Vietnam, effective from December 10, 2016.
- Thanh Lam -
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- Circular No. 32/2016/TT-BLĐTBXH
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