Teachers in Ho Chi Minh City receive additional income of up to 23 million VND per month.

Along with the increase in basic salary to 2.34 million VND, teachers in Ho Chi Minh City will receive a total income of over 23 million VND.

According to Resolution 185/2023 of the Ho Chi Minh City People's Council on the state budget revenue and expenditure estimates for 2024, the maximum coefficient for additional income expenditure applicable for 2024 is 1.5 times the salary based on rank and position.

Accordingly, the formula for calculating the monthly additional income of general education teachers in Ho Chi Minh City, upon outstanding performance, is as follows:

Monthly additional income = Salary coefficient + Position allowance coefficient (if any) x 2,340,000 VND (base salary) x 1.5 (additional income coefficient).

Of that amount, 2,340,000 VND is the current basic salary (effective from July 1, 2024).

Teachers and students in Ho Chi Minh City. (Photo: Nguyen Hue )

Based on these calculations, a Grade III preschool teacher who performs their duties excellently can earn an additional income ranging from 7.37 million VND/month (Level 1, coefficient 2.1) to 17.1 million VND/month (Level 10, coefficient 4.89).

A kindergarten teacher of rank II, who performs their duties excellently, can earn additional income ranging from 8.2 million VND/month (level 1, coefficient 2.34) to 17.4 million VND/month (level 9, coefficient 4.98).

Preschool teachers of rank I who have excellently completed their duties will receive additional income ranging from 14 million VND (level 1, coefficient 4) to 22.3 million VND (level 8, coefficient 6.38).

Meanwhile, for primary, secondary, and high school teachers of rank III who have excellently completed their duties, the additional income ranges from 8.2 million VND/month (level 1, coefficient 2.34) to 17.4 million VND/month (level 9, coefficient 4.98).

Primary, secondary, and high school teachers of rank II who have excellently completed their duties will receive an additional income of 14 million VND/month (level 1, coefficient 4) to 22 million VND/month (level 8, coefficient 6.38).

Primary, secondary, and high school teachers of rank I who have excellently completed their duties will receive an additional income of 15.4 million VND/month (level 1, coefficient 4.4) to 23.7 million VND/month (level 8, coefficient 6.78).

In Ho Chi Minh City, additional income is paid quarterly, with three months counting as one quarter.

(Source: Vietnamnet)

Link: https://vietnamnet.vn/Giao-vien-tphcm-huong-thu-nhap-tang-them-muc-cao-nhat-hon-23-trieu-dong-thang-2344481.html

Source: https://vtcnews.vn/giao-vien-tp-hcm-huong-thu-nhap-tang-them-muc-cao-nhat-hon-23-trieu-dong-thang-ar908965.html