Article 24 of the draft stipulates salary, remuneration, and bonuses.
The principles of determination are as follows:
Comply with the provisions of the law on labor.
Based on the agreement in the labor contract.
Based on production and business efficiency, in accordance with the market, industry, and nature of business operations.
Based on labor productivity, work efficiency of employees, and the level of task completion of the direct owner's representative and controller.
Bonuses for employees, direct owner representatives, and controllers at enterprises are deducted from the after-tax profit of the enterprise.
The representative of the direct owner, the controller, the General Director and other management positions according to the Company's Charter receive salaries in the general salary fund of the enterprise.
Based on the above principle, the Board of Members or Chairman of the company decides on the salary, remuneration, and bonus policy of the enterprise.
The Government stipulates in detail the salary, remuneration, and bonuses of the representative of the direct owner and controller.
Some notable points in Article 25 of the draft on profit distribution after tax are stipulated:
Withdrawing no more than 3 months of implementation salary to establish a Reward and Welfare Fund based on the operational efficiency of the enterprise and the level of completion of assigned tasks.
In particular, enterprises directly serving national defense and security, in cases where there are not enough resources from after-tax profits, will be supported by the State to set up a reward and maximum benefit fund of no more than 2 months' salary based on the efficiency of enterprises' operations and the level of completion of national defense and security tasks.
Detailing a number of regulations on salary, Article 36 of the draft stipulating the Board of Members or the President of the Company at the enterprise held by the State 100% of the charter capital to exercise the rights and responsibilities of the representative of the State owner in the state capital investment in enterprises and state capital management in the enterprise in accordance with the following contents:
Issue financial regulations, regulations on debt management to be collected, payable, regulations on management and use of fixed assets, regulations on wages, remuneration, bonuses and other regulations of enterprises.
Deciding on wages, remuneration, bonuses and other benefits of employees, and management positions of enterprises.
The salary, remuneration, bonus and other benefits of the representative of the state capital are stipulated in Article 41.
Accordingly, representatives of state capital not working directly at joint stock companies or limited liability companies with two or more members are entitled to salary, bonus and other benefits paid by the owner's representative agency; remuneration paid by the enterprise.
