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Basic Salary and Minimum Wage: Differences and Their Important Role

2023-08-08

Basic Salary and Minimum Wage: Differences and Their Important Role

In Vietnam's salary system, both the basic salary and minimum wage play a crucial role in determining the earnings of workers and employees. This article will focus on the differences between these two types of wages and their significance in the current salary structure in Vietnam. What is the Basic Salary? [caption id="attachment_1855" align="alignnone" width="1498"] What is basic salary?[/caption] The...
How to choose the proper payroll service provider?

2023-07-25

How to choose the proper payroll service provider?

In order to solve the situation of slow and inaccurate salary payment, many businesses use outsourced payroll services to save costs and focus human resources on core business activities. So how to choose the proper payroll service provider for your business? What is payroll service? Payroll service (outsourced salary calculation) is a service to support businesses in managing salaries, bonuses,...
HR 24/7 – Overload work is placing burdens on HR’s shoulders

2023-04-10

HR 24/7 – Overload work is placing burdens on HR’s shoulders

The problem of unpaid overtime, personnel working 24/7 but still not out of work has never been old for employees. That trend is increasing, causing them to be discouraged, even quit, invisibly forming a huge challenge for businesses today. [caption id="attachment_1279" align="alignnone" width="1000"] Solutions for overload-working in HR department[/caption] Work overload, frustrated employees "I'm...
Transparency in wages – the talent retention strategy

2023-03-06

Transparency in wages – the talent retention strategy

Fairness and transparency in wages are always the top concerns of employees in today's society. Followed by a series of problems for businesses: how to retain talented people and attract young human resources.  [caption id="attachment_1047" align="alignnone" width="1000"] Transparency in wages - the talent retention strategy[/caption] Non-transparency in salary - the cause of “separation” “Financial...
#Youmustknow: Salary computation and payment

2022-11-11

#Youmustknow: Salary computation and payment

Salary and the important role of salary computation Salary is established on the basis of the worth of labor power through an agreement between the business and the employer, and is regulated by economic rules such as supply and demand, value, etc. As a bridge between employees and businesses, firms must pay special attention when calculating and paying employees' salaries. This stage is directly...
Rights exclusive to female workers and possible errors in calculating their wages

2022-09-20

Rights exclusive to female workers and possible errors in calculating their wages

In order to ensure the quality of health as well as problems that limit working ability and affect labor productivity, the Government has specified specific privileges only for female employees. However, these privileges also unintentionally cause difficulties when the HR department performs payroll work. Errors and mistakes can easily happen, even repeated many times. Here are some female-specific...

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