What are the functions and duties of Vietnam's National Wage Council (NSC)?

When formulating the regional minimum wage, it is impossible to ignore the functions and duties of Vietnam's National Wage Council? So specifically, what are the functions and duties of the Vietnam's National Wage Council in formulating the regional minimum wage?

What are the functions and duties of Vietnam's National Wage Council (NSC)? (Source: internet)

1. Functions of Vietnam's National Salary Council (NSC)

According to Article 49 of Decree 145/2020/ND-CP, NSC will provide consultation for the Government regarding:

- Region-based minimum wages (including monthly and hourly minimum wages).

- Policies on salaries of employees according to the Labor Code.

2.Duties of Vietnam's National Salary Council (NSC)

According to Article 50 of Decree 145/2020/ND-CP, the National Wage Council has the following tasks:

- Carry out surveys; collect information; carry out analysis of salaries and subsistence standards of workers, business performance of enterprises, labor demand – supply relation, employments and unemployment in the economy, and other relevant factors as the basis for determination of minimum wages.

- Prepare reports on minimum wages based on the factors prescribed in Clause 3 Article 91 of the Labor Code.

- Review the subsistence standards of workers and their families; apply minimum wages to separate regions.

- Hold annual negotiations to propose to the Government the plan for adjustments to region-based minimum wages (including monthly and hourly minimum wages).

- Provide consultation for the Government regarding policies on salaries of employees in enterprises, agencies, organizations and cooperatives in accordance with the Labor Code.

3. Operation of Vietnam's National Salary Council NSC

The operation of the National Wage Council are regulated in Article 52 of Decree 145/2020/ND-CP as follows:

- NSC shall work as a collective via meetings chaired by the President; open and democratic discussions; voting under majority rules.

- NSC has its own seal which s managed by the Ministry of Labor, War Invalid and Social Affairs as prescribed by law.

- Funding for operation of NSC shall be included in annual budget for regular expenditures of the Ministry of Labor, War Invalid and Social Affairs and other lawful sources of funding as prescribed by law. The management, use and reporting of state funding shall comply with regulations of law on state budget and their guiding documents.

Diem My

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