In the upcoming period, social insurance benefits will continue to be governed by the current Law on Social Insurance; however, the Labor Code 2019, which is set to take effect, will amend some key provisions. Below are the important changes regarding conditions for entitlement to pension benefits as of January 01, 2021.
According to the estimate, the statutory pay rate in 2020 applicable to officials and public employees is increased to VND 1.6 million, an increase of VND 110,000 compared to 2019. This is the highest statutory pay rate increase in recent years.
As expected, the 2020 statutory pay rate for officials and public employees will be increased to 1.6 million VND, an additional 110,000 VND compared to 2019. This is the highest base salary increase in recent years.
According to the proposal of the Government of Vietnam in the Report on the evaluation of the implementation of the 2019 State Budget, the State Budget estimate and the Central Budget allocation plan for 2020 reported to the National Assembly on the afternoon of October 21, 2019, the statutory pay rate for 2020 applied to officials and public employees in Vietnam will be increased to VND 1.6 million, which makes an increase of VND 110,000 compared to 2019.
This is one of the notable contents in Resolution 27/NQ-TW on reforming wage policies for officials and public employees, armed forces, and workers in enterprises.
Currently, there are many cases where employees work for two employers simultaneously to meet their economic needs. Therefore, to protect their own rights, employees working for two employers simultaneously in Vietnam should pay attention to these 03 things.
Overtime is the period of work outside of normal working hours as prescribed by law, collective labor agreements, or labor regulations. Employers requiring their empoyees to work overtime need to pay attention to the following 05 important points.
Employers using 10 or more employees in Vietnam must register labor regulations. Below are the 06 important contents regarding the registration of labor regulations in Vietnam from January 01, 2021.
Salary is always a top concern for employees. So, from January 01, 2021, the Labor Code 2019 will officially be applied; what are regulations on salary in Vietnam?
Currently, the number of foreign workers employed in Vietnam is quite high. So, what procedures are required when an enterprise wants to terminate the employment contract of foreign employees in Vietnam?
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