Salary forms for employees from 2021
Government issued Decree 145 / 2020 / ND-CP detailing and guiding the implementation of a number of articles of the Labor Code 2019 on labor conditions and labor relations effective from February 01, 02.
Accordingly, the regulations on the time to pay salaries to employees are detailed below.
Based on the nature of work and production and business conditions, the employer and the employee agree in the contract on the form of time-based, product-based and flat-wage payment as follows:
Salary over time are paid to employees who are paid by the time, based on the working time by month, week, day, and hour as agreed in the contract, specifically:
- Monthly wage paid for one month of work;
- Weekly salary is paid for one business week. in case where the labor contract agreement on the monthly salary, the weekly salary is determined by the monthly salary multiplied by 12 months and divided by 52 weeks;
- Daily salary paid for one business day; Inside:
In case the labor contract has an agreement on a monthly salary, the daily salary is determined by the monthly salary divided by the number of normal working days in the month as prescribed by law that the enterprise chooses. in case the labor contract has agreed on a weekly salary, the daily salary is determined by the weekly salary divided by the number of working days per week as agreed in the labor contract;
- Hourly wage paid for one hour of work; Inside:
In case the labor contract agrees on the monthly or weekly or daily salary, the hourly wage is determined by the daily salary divided by the number of normal working hours per day as prescribed in Article 105 of the Labor Code. 2019.
Salary by product are paid to employees who are paid product-based wages, based on the degree of completion of the quantity and quality of products according to labor norms and product unit prices delivered.
Flat salary are paid to employees on a flat wage, based on the volume, quality of work and time required to be completed.
Salary payment method:
Employees 'salaries in the above forms of payment are paid in cash or through employees' personal accounts opened at banks.
The employer must pay the fees associated with opening an account and transferring the salary when choosing to pay the salary through the employee's personal account.
