Society

Regional minimum wage may increase in 2024: official

Members of the National Wage Council agreed to propose increasing the regional minimum wage in 2024 at the council’s first meeting in 2023 on August 9.
Regional minimum wage may increase in 2024: official ảnh 1Illustrative image (Photo: thanhnien.vn)
Hanoi (VNA) – Members of the National Wage Council agreed topropose increasing the regional minimum wage in 2024 at the council’s firstmeeting in 2023 on August 9.

However, the increase rate and timing will be based oninformation and data collected at the end of this year for consideration and assessmentat the second meeting scheduled to take place in late November, said Le DinhQuang, member of the council.

Vice Chairman of the Vietnam General Confederation of Labour (VGCL) Ngo DuyHieu said that the VGCL acknowledged difficulties of businesses. However,employees are vulnerable and currently facing a lot of difficulties.

The wage increase helps not only motivate them to work withhigh productivity and good quality, but also ensure they can maintain minimumstandards of living, added Hieu.

According to a survey by the VGCL Institute of Workers andTrade Unions, most of the current income of workers does not meet theirexpenditures, and in some cases, it only meets 45% of demand.

The survey, which was conducted on 3,000 workers and 157 businessesin six provinces and cities before the first round of regional minimum wagenegotiations in 2024, showed that 52.3% of employees work overtime with anaverage time of 1.75 hours per day./.
VNA
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