Uni 31-12-2013 - Guidance on insure-minimum salary-trade union fee in 2014

• According to Notification No.4837/TB-BHXH of HCM Social insurance, from 01 January 2014, compulsory insurance level is performed as follows:

• Insurance level for social insurance participants is 26% of age, salary. In which, employers contribute 18%, employees contribute 8%.
• Unemployment insurance level is 2% and health insurance is 4,5% still in compliance with the previous guidance.

• Pursuant to Decree No.182/2013/NĐ-CP, from 01 January 2014, minimum wage, salary level for employees who work the most simply, in the most normal condition of enterprises should be applied as follows:

Area I:            2,700,000                    Area II:          2,400,000

Area III:          2,100,000                    Area IV:         1,900,000

The lowest salary level payable to employees who have been trained must be 7% higher rate than area minimum wage, salary level.

Pursuant to Decree No.191/2013/NĐ-CP, from 10 January 2014, trade union fee is 2% of salary fund used to pay social insurance to employees. The company pays union fee each time during each month at the time as paying compulsory insurance to employees.