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Independent agency should assess, quantify minimum living standards: experts


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A man in HCMC takes care of his daughter when his wife works extra shifts. Photo by VnExpress/Le Tuyet

 

The current calculation of minimum living standards on which the nation's minimum wage is based is not appropriate. Officials and experts agree this should be done by an independent agency.

 

The concept of "minimum living standard", which was legislated in 2012, is an important basis for calculating the minimum wage. However, this is also the most controversial topic at every meeting of the National Wage Council. As one of the three parties involved in wage calculation, the Vietnam General Confederation of Labor has repeatedly suggested that there should be an independent agency outside the council that is given the responsibility of working out Vietnam’s minimum living standards.

 

Le Dinh Quang, Deputy Head of Labor Relations under the confederation and member of the National Wage Council, said that the trade union's recommendation was consistent with the resolution of the Party Central Committee on wage reform. This resolution clearly states that "the statistics agency of the state publishes the annual minimum living as a basis for determining the minimum wage and recommending wage policy orientations."

 

Full Story: https://e.vnexpress.net/news/news/independent-agency-should-assess-quantify-minimum-living-standards-experts-4450087.html

 

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-- © Copyright VN Express 2022-04-12

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