Accordingly, Circular 003/2025 recently issued by the Ministry of Home Affairs has guided the implementation of labor management, wages, remunerations, and bonuses in state-owned enterprises according to the provisions of Article 1 of Decree 44/2025 of the Government regulating labor management, wages, remunerations, and bonuses in state-owned enterprises.
Applicable to the subjects specified in Article 2 of Decree 44, including: Employees working under labor contracts; employees who are officers, professional soldiers, workers, defense officials, officers, non-commissioned officers, police workers, and people working in secret services.
General Director, Director, Deputy General Director, Deputy Director, Chief Accountant; Chairman and member of the Board of Members or Chairman of the Company, Chairman and member of the Board of Directors, excluding independent members of the Board of Directors.
Head of Supervisory Board, Controllers, members of the Supervisory Board; The representative of the state capital invested in enterprises and the representative agency of the owner in accordance with the Law on Management and use of state capital invested in production and business in enterprises; Agencies, organizations and individuals involved in the implementation of the provisions of Decree 44.
Regarding the principles of labor management, wages, remuneration, bonuses and objective factors when determining wages and remuneration, Circular 003 stipulates that the principles of labor management, wages, remuneration, and bonuses are implemented according to the provisions of Article 3 of Decree No. 44.
In particular, the profit target to determine the salary and profit margin is profit before tax income (for enterprises that are established and operate for non -profit goals, they are allowed to use the total target of total expenses after eliminating the impact of objective factors, if any, instead of profit targets and calculation of profit ratio when determining salaries); Labor productivity and targets of profitability on equity of the enterprise, or capital contribution of the owner in the enterprise, are determined according to the appendix issued together with this Circular.
The objective factors specified in Article 4 of Decree No. 44 directly affecting increase or decrease labor productivity, profits, and profit rates, enterprises calculate and excluding when determining wages and remunerations.
In particular, the calculation and exclusion of the impact of objective factors must be converted into values and specific data according to the principle: Object factors that increase labor productivity, profits, and profit ratios must be deducted.
Object factors reducing labor productivity, profits, and profit rates are added to labor productivity, profits, and profit rates when determining wages and remunerations.
Regarding labor management, salary scales, and salary tables, Circular 003 stipulates that enterprises develop labor plans, organize recruitment and employment of labor and implement regimes and policies for employees according to the provisions of Article 5 of Decree 44; develop and promulgate salary scales, salary tables, and salary allowances according to the provisions of Article 6 of this Decree.
