The  living wage of workers in Vietnam

Phuong Huu Tung

doi:10.21744/lingcure.v6nS1.2039

Authors

Phuong Huu Tung
phuonghuutung@gmail.com
Faculty of Human Resource Management, Ha Noi University of Home Affairs, Vietnam

Keywords:

living wage, minimum wage, salary, wage policy, workers

Abstract

Currently, Vietnam implements wage policy making through the important tool of minimum wage. However, the reality shows that the use of the minimum wage to pay employees is still inadequate and far from reality. Instead of using the minimum wage, a number of developed countries have recently used a new concept in wage policy making, which is “living wage” with high efficiency. In line with the trend of the world, the living wage needs to be recognized and researched and applied in practice in Vietnam to bring about more positive effects, ensuring the life of employees and the whole family. sustainable development of enterprises.

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