The region-based minimum wage is the lowest wage level used as the basis for enterprises to determine the wage levels in their wage scales and payrolls; agree on the wage level in the employment contract and pay wages to employees. According to the regulations, enterprises operating in any area shall apply the region-based minimum wage stipulated for that area.
Increasing the region-based minimum wage in Vietnam in 2017 is an issue that has garnered significant attention from the public because it greatly impacts the lives of workers as well as the activities of enterprises.
The issues related to salary and bonus are always of particular concern to employees as they directly affect their rights and benefits. Below, Thu Ky Luat would like to send to our esteemed members the payrolls,statutory pay rate chart, and region-based minimum wage in Vietnam over the years over the years to observe the changes in wage levels over the years.
The Ministry of Labor, Invalids and Social Affairs (MOLISA) will advise the Government of Vietnam to issue a decree stipulating the minimum wage for employees working under employment contract applicable for the year 2024.
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
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