General principles when developing trade union financial estimates for 2024 in Vietnam

General principles when developing trade union financial estimates for 2024 in Vietnam

General principles when developing trade union financial estimates for 2024 are as follows:

- Union dues of 2% are calculated on the total salary of employees who are subject to social insurance (social insurance) according to the provisions of the law on social insurance.

Therefore, the basis for determining the Wage Fund to pay 2% trade union fees in 2024 at units is calculated on the average salary paid for social insurance in the first 6 months of 2023 at the unit multiplied by the number of employees who are required to pay social insurance according to the provisions of the law on social insurance.

- Union dues are collected based on the number of union members according to salary and salary allowances in each region and according to Decision 1908/QD-TLD dated December 19, 2016 of the Vietnam General Confederation of Labor.

- Assigned payroll quota: this is the payroll quota for trade union officials assigned by the General Confederation or the Provincial or City Party Committee. Contract workers are allowed to sign contracts by the General Confederation or the Provincial or City Party Committee (enclosed with a document and decision of the competent authority assigning staff and allowing labor recruitment) and contract labor according to Decree 111/2022/ND-CP.

- Distribution of spending sources at all levels, proportion of spending in categories, and spending levels of content are guaranteed according to current regulations of the State and the General Confederation.

- Provincial and City Labor Confederations; Central Industry Union and equivalent; The Corporation's Trade Union under the General Confederation seriously carries out statistics on the number of employees and union members in affiliated units that have established trade union organizations and where trade union organizations have not been established, forecasts the fluctuation in the number of employees and union members in 2024, and coordinates with the local social insurance agency to calculate the average salary paid for social insurance in the first 6 months of 2023. From there, determine the amount of 2% trade union fee revenue to ensure it is realistic and feasible to implement.

Based on the management data of the central social insurance agency and localities, the General Confederation will check and compare the estimates of the units for consideration and approval.

Decision 8086/QĐ-TLĐ 2023 takes effect in fiscal year 2024.

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