trực tiếp bóng đá k+ formula for calculating teachers' salaries in 2024 and trực tiếp bóng đá k+ retention differential coefficient according to Circular 07/2024/TT-BNV in Vietnam

trực tiếp bóng đá k+ formula for calculating teachers' salaries in 2024according to Circular 07/2024/TT-BNV in Vietnam

Article 3 ofCircular 07/2024/TT-BNVguidesthe calculation of salaries, allowances, and activity expenses for those entitled to trực tiếp bóng đá k+ new statutory pay rate of 2.34 million VND/month from July 1, 2024, under Clauses 1, 2, 3, 4, 5, 8, and 9 of Article 1Circular 07/2024/TT-BNV.

Teachers are categorized into two groups: public employee teachers and teachers working under labor contracts.

Thus, public employee teachers, who are subject to a statutory pay rate increase from 1.8 million VND to 2.34 million VND, will apply trực tiếp bóng đá k+ salary calculation formula as guided inThông tư 07/2024/TT-BNV.

trực tiếp bóng đá k+ formula for calculating teacher salaries according to trực tiếp bóng đá k+ new statutory pay rate is:

In which:

- trực tiếp bóng đá k+ salary coefficient for preschool teachers is applied according to Article 8 ofCircular 01/2021/TT-BGDDT.

- trực tiếp bóng đá k+ salary coefficient for primary teachers is applied according to Article 8 ofCircular 02/2021/TT-BGDDT.

- trực tiếp bóng đá k+ salary coefficient for secondary school teachers is applied according to Article 7 ofCircular 03/2021/TT-BGDDTas amended by Clause 8, Article 3 ofCircular 08/2023/TT-BGDDT.

- trực tiếp bóng đá k+ salary coefficient for high school teachers is applied according to Article 8 ofCircular 04/2021/TT-BGDDT.

- trực tiếp bóng đá k+ salary coefficient for university lecturers is applied according to Article 10 ofCircular 40/2020/TT-BGDDT.

Note:trực tiếp bóng đá k+ above method for calculating teacher salaries is based solely on trực tiếp bóng đá k+ salary coefficient and statutory pay rate as prescribed and does not include allowances (if any).

trực tiếp bóng đá k+ formula for calculating teachers' salaries in 2024 and trực tiếp bóng đá k+ retention differential coefficient according to Circular 07/2024/TT-BNV in Vietnam​ (Image from trực tiếp bóng đá k+ Internet)

trực tiếp bóng đá k+ formula forthe retention differential coefficient according to Circular 07/2024/TT-BNV in Vietnam

Differential coefficients are used to balance trực tiếp bóng đá k+ new salary with trực tiếp bóng đá k+ current salary to ensure trực tiếp bóng đá k+ rights and benefits of officials and public employees in general and public employee teachers in particular.

Based on point c, Clause 1, Article 3 ofCircular 07/2024/TT-BNV, trực tiếp bóng đá k+ formula for calculating trực tiếp bóng đá k+ amount by differential coefficients is as follows:

Formula for calculating trực tiếp bóng đá k+ amount of differential coefficients (if any):

Earlier, Clause 3, Article 3 ofNghị định 73/2024/NĐ-CPstipulated:

- For central agencies and units applying special financial and income mechanisms:

+ Maintain trực tiếp bóng đá k+ differential between June 2024 salaries and additional income of officials and public employees and post-July 1, 2024 salaries after amending or abolishing trực tiếp bóng đá k+ financial and income mechanisms.

+ During trực tiếp bóng đá k+ period of non-amendment or non-abolition of these mechanisms, implement trực tiếp bóng đá k+ monthly salary and additional income calculated according to trực tiếp bóng đá k+ statutory pay rate of 2,340,000 VND/month to ensure it does not exceed June 2024 salary and additional income (excluding adjustments to salary coefficients due to rank and step promotions).

+ If trực tiếp bóng đá k+ salary and additional income post-July 1, 2024, by special mechanisms are lower than trực tiếp bóng đá k+ regulated salary, implement trực tiếp bóng đá k+ salary policies as per common regulations.

What are details ofthe new teacher salary table from July 1, 2024 in Vietnam?

Following04 Circulars from trực tiếp bóng đá k+ Ministry of Education and Training specifythe salary coefficients for teachers at various levels, includingCircular 01/2021/TT-BGDDT, Circular 02/2021/TT-BGDDT, Circular 03/2021/TT-BGDDT, Circular 04/2021/TT-BGDDT, and as amended byThông tư 08/2023/TT-BGDĐT.

Based on Article 3 ofCircular 07/2024/TT-BNV, trực tiếp bóng đá k+ salary of public employee teachers is calculated as follows:

Salary = Coefficient x Statutory pay rate

trực tiếp bóng đá k+ teacher salary table based on trực tiếp bóng đá k+ statutory pay rate is as follows:

View trực tiếp bóng đá k+ detailed new teacher salary table from July 1, 2024here.

What are changes of trực tiếp bóng đá k+ salary of non-public employee teachers in 2024 in Vietnam?

Based on Article 90 of trực tiếp bóng đá k+Labor Code 2019

Salary

1. Salary is trực tiếp bóng đá k+ amount paid by trực tiếp bóng đá k+ employer to trực tiếp bóng đá k+ employee as agreed upon to perform trực tiếp bóng đá k+ job, including trực tiếp bóng đá k+ pay for trực tiếp bóng đá k+ job or position, salary allowances, and other additional amounts.

2. trực tiếp bóng đá k+ pay for trực tiếp bóng đá k+ job or position must not be lower than trực tiếp bóng đá k+ minimum wage.

3. Employers must ensure equal pay, without gender discrimination, for employees performing jobs of equal value.

trực tiếp bóng đá k+ salary will be determined based on trực tiếp bóng đá k+ agreement between trực tiếp bóng đá k+ teacher and trực tiếp bóng đá k+ school. This agreement needs to comply with trực tiếp bóng đá k+ minimum wage.

According to Article 91 of trực tiếp bóng đá k+Labor Code 2019, trực tiếp bóng đá k+ minimum wage is stipulated as follows:

Minimum wage

1. trực tiếp bóng đá k+ minimum wage is trực tiếp bóng đá k+ lowest wage paid to an employee performing trực tiếp bóng đá k+ simplest job under normal working conditions, ensuring trực tiếp bóng đá k+ minimum living standards of trực tiếp bóng đá k+ employee and their family, in line with socioeconomic development conditions.

2. trực tiếp bóng đá k+ minimum wage is determined according to regions and specified by month, hour.

3. trực tiếp bóng đá k+ minimum wage is adjusted based on trực tiếp bóng đá k+ minimum living standards of trực tiếp bóng đá k+ worker and their family; trực tiếp bóng đá k+ proportional relationship between trực tiếp bóng đá k+ minimum wage and wages on trực tiếp bóng đá k+ market; consumer price index, economic growth rate; labor supply and demand; employment and unemployment; labor productivity; trực tiếp bóng đá k+ payment capacity of enterprises.

4. trực tiếp bóng đá k+ Government of Vietnam specifies this Article; decides and announces trực tiếp bóng đá k+ minimum wage based on recommendations of trực tiếp bóng đá k+ National Wage Council.

Clause 1, Article 3 ofDecree 74/2024/ND-CPstipulates trực tiếp bóng đá k+ monthly minimum wage and hourly minimum wage for employees working for employers by region as follows: