Continue the roadmap of increasing salaries by 5-7% after implementing reforms

At a press conference on the expected program of the 6th session of the 15th National Assembly taking place on the afternoon of October 19, Standing Member of the National Assembly’s Social Committee Dinh Ngoc Quy said that at the 8th Conference, The 13th Party Central Committee issued a resolution and assigned the Government to submit to the National Assembly the progress of wage reform.

According to the conclusion of the Conference, the roadmap for implementing wage reform begins from July 1, 2024 with the spirit and perspective of implementing 6 contents as proposed by Resolution 27 of 2018.

Of which, the first is to build a new payroll system to replace salary table currently includes salary tables for leadership positions from the Central to basic professional salary tables and 3 salary tables applicable to the armed forces.< /p>

The second content according to Mr. Dinh Ngoc Quy is to arrange and shorten the mode allowance compared to today. Third is the bonus regime equal to 10% of the basic salary fund excluding allowances. Fourth is the salary increase regime. Fifth is the source of funding to implement the salary reform regime. Friday is salary and income management.

Of these 6 contents, the Standing Member of the National Assembly’s Social Committee informed that the most important issue is the funding source for salary reform.

The Government has reported to the Central Committee on standardization. There is a ready source of money for salary reform in the period 2024-2026.

According to Mr. Quy, however, after 2024, starting from 2025, the state will also increase with a roadmap of 5-7%. salary ensures a suitable salary level approaching sector 1 of the private sector.

In the spirit of Resolution 27, the new salary structure will be designed to include: Basic salary (accounting for about 70% of the total salary budget) and allowances (accounting for about 30% of the total salary budget). ). Additional bonus (bonus fund equals about 10% of the year’s total salary fund excluding allowances).

In addition, the specific factor to design the new salary schedule is the basic salary. built with specific amounts in the new payroll. The base salary will be abolished.