From June 15, Circular 003/2025/TT-BNV on guidelines for implementing labor management, wages, remunerations, and bonuses in state-owned enterprises will take effect.
This Circular guides the implementation of labor management, wages, remuneration, and bonuses in state-owned enterprises according to the provisions of Article 1 of Decree No. 44/2025/ND-CP dated February 28, 2025 of the Government regulating labor management, wages, remuneration, and bonuses in state-owned enterprises.
The principles of labor management, wages, remuneration, and bonuses are implemented according to the provisions of Article 3 of Decree No. 44/2025/ND-CP. In which, the profit indicator to determine wages and profit rates is profit before corporate income tax.
According to the Circular, the salary fund for employees and the Executive Board is determined according to the methods prescribed in Article 7 of Decree No. 44/2025/ND-CP.
Enterprises choose the method of determining the salary fund of employees and the Executive Board according to the provisions of Article 8 of Decree No. 44/2025/ND-CP.
The Circular clearly states the regulations on determining the salary fund through the average salary; determining the salary fund through the stable salary unit price; determining the salary fund for some cases, advance payment, reserve and salary distribution.
In which, determining the salary fund through the average salary level, the Circular stipulates: The planned salary fund is determined according to the following formula: (1)
Qkh = TLbqkh x Lkhbq x t + VDt
In which:
- Qkh: Plan salary fund.
- TLbqkh: Average salary plan, determined according to the provisions of Article 7 of this Circular.
- Lkhbq: Average number of employees as planned, determined according to the Appendix issued with this Circular.
- t: Number of months of business operation in the year.
- VDT: The salary difference of full-time union officials paid by the union organization is calculated based on the average number of full-time union officials planned and the difference between the average salary of full-time union officials in enterprises higher and the average salary paid by the union organization.
The average salary of full-time union officials in enterprises is determined based on the average salary used as the basis for determining the salary difference of the previous year of full-time union officials according to State regulations and adjusting according to labor productivity and planned profits compared to the implementation of the previous year according to regulations.
The implementation salary fund is determined according to the following formula: (2)
Qth = TLbqth x Lthbq x t + VDt
In which:
- Qth: Implemented salary fund.
- TLbqth: The average salary is determined according to the provisions of Article 8 of this Circular.
- Luthbq: Average number of actual employees, determined according to the Appendix issued with this Circular.
- t: Number of actual months of business operations in the year.
- VDT: The salary difference for full-time union officials paid by the union organization, determined according to Clause (1)
For enterprises with profits exceeding the planned profit, salary will be added to the salary fund prescribed in Clause (2) according to the principle of exceeding 1% of profit, then the salary fund will be increased by a maximum of 2% according to Clause (2), but the salary increase will not exceed 20% of the profit exceeding the planned profit and not exceed 02 months of average salary.
