Consulting on labor and salary management in state-owned enterprises

The draft clearly states the principles of labor management, wages, remuneration, and bonuses for enterprises in accordance with the provisions of Article 3 of Decree No. 44/2025/ND-CP of the Government , in which labor productivity is calculated according to the instructions in the Appendix issued with this Circular.

Objective factors affecting labor productivity, profit, and profit margin of enterprises to be excluded when determining wages and remuneration are stipulated in Article 4 of Decree No. 44/2025/ND-CP, in which the calculation of the impact of objective factors must be quantified into specific values ​​and figures according to the principle: Objective factors that increase labor productivity, profit, and profit margin must be deducted, objective factors that reduce labor productivity, profit, and profit margin must be added to labor productivity, profit, and profit margin when determining wages and remuneration.

According to the draft, enterprises shall develop labor plans, recruit and employ workers, and implement policies and regimes for employees as prescribed in Article 5 of Decree No. 44/2025/ND-CP.

The development and promulgation of salary scales, payrolls, and salary allowances shall be implemented in accordance with the provisions of Article 6 of Decree No. 44/2025/ND-CP, in which enterprises that have developed salary scales and payrolls for employees, the executive board, the board of members, and controllers in accordance with the provisions of Clause 2, Article 6 of Decree No. 44/2025/ND-CP shall have the right to continue implementing the current salary scales and payrolls of the enterprise. In case the salary scales, payrolls, and salary allowances do not comply with the provisions of Clause 2, Article 6 of Decree No. 44/2025/ND-CP, the enterprise must amend, supplement, or promulgate new salary scales and payrolls.

The draft circular specifically stipulates how to determine the salary fund through the average salary level; determine the salary fund through the stable salary unit price; determine the salary fund for some cases, advance payment, reserve and salary distribution.

Also according to the draft, the basic salary and planned salary of full-time board members and controllers are determined according to the provisions of Articles 20 and 21 of Decree No. 44/2025/ND-CP. The planned salary after determination is not lower than 80% of the basic salary.

Regarding bonuses and benefits for employees, executive board, board members, and controllers of enterprises in which the State holds 100% of charter capital, it shall be implemented in accordance with the provisions of Article 26 of Decree No. 44/2025/ND-CP.

Bonuses and benefits for employees, executive board, board members, and controllers of enterprises in which the State holds more than 50% of charter capital or total voting shares shall be implemented in accordance with the provisions of Article 27 of Decree No. 44/2025/ND-CP.

When this Circular comes into effect, 11 previously issued related circulars will be abolished.

For enterprises that have approved the 2025 salary plan before Decree No. 44/2025/ND-CP takes effect, they must review and adjust the 2025 salary plan for employees and the executive board, the 2025 salary and remuneration plan for board members and controllers to ensure compliance with the provisions of this Circular.

Time for public consultation from April 2 to June 2, 2025.

Source: https://hanoimoi.vn/lay-y-kien-ve-quan-ly-lao-dong-tien-luong-trong-doanh-nghiep-nha-nuoc-697689.html