Regional minimum wage to increase starting in July

13/06/2022, 10:28 - Lượt đọc: 102

A new decree raising the regional minimum wage for labourers was approved on June 12 by Deputy Prime Minister Pham Binh Minh.

wage.jpg
Illustrative image (Source: VNA)

The new regulation, coded 38/2022/ND-CP will come into effect on July 1.

The 6 percent increase is equivalent to a rise of 260,000 VND (11.20 USD) in Region 1, and 240,000 VND, 210,000 VND, and 180,000 VND in Regions 2, 3, and 4, respectively.

The document also specifies that the minimum hourly wage will range from 15,600 to 22,500 VND (0.70-1 USD), which also depends on the region.

The geographical classification is determined based on the employer’s place of operation.

Region 1 covers Hanoi and Ho Chi Minh City's urban areas; Region 2 encompasses Hanoi and HCM City's rural areas, along with major urban areas in the country like Can Tho, Da Nang and Hai Phong; Region 3 covers provincial cities and the districts of Bac Ninh, Bac Giang and Hai Duong provinces; and Region 4 comprises the rest of the country.

The change is applicable to workers and employers under labour contracts in accordance with the Labour Code.

The resolution also defines minimum wage as the lowest amount that can be paid to an employee, which is the basis for negotiation and compensation, in the form of a monthly salary. This amount corresponds to the workload and job title in designated work hours, given that the employee fulfils their tasks as assigned.

For workers who are paid on a daily or weekly basis, or based on a piece rate, then their salary, when converted to the monthly or hourly rate, must not be lower than the minimum wage.

P.L

Theo Source: VNA
Copy Link
Bài liên quan
Factory workers ready to resume work after Tet
Many factory workers are ready to return to work after the long Tet (Lunar New Year) holiday.
Nổi bật
Bí thư Tỉnh ủy làm việc với đoàn công tác Liên hiệp các tổ chức hữu nghị Việt Nam
BTO- Sáng 12/8, đồng chí Dương Văn An - Ủy viên Ban Chấp hành Trung ương Đảng, Bí thư Tỉnh ủy đã có buổi làm việc với đoàn công tác của Liên hiệp các tổ chức hữu nghị Việt Nam do đồng chí Nguyễn Phương Nga – Bí thư Đảng đoàn, Chủ tịch Liên hiệp các tổ chức hữu nghị Việt Nam làm trưởng đoàn. Cùng dự có đồng chí Nguyễn Văn Phong - Phó Chủ tịch UBND tỉnh và lãnh đạo các sở, ngành liên quan.
Đừng bỏ lỡ
POWERED BY ONECMS - A PRODUCT OF NEKO
Regional minimum wage to increase starting in July