News by keyword
News about wages
2 stories tagged with this keyword.
- Daiwa: BOJ shifts focus from reaching 2% inflation to keeping it there, wages hold the key
- Politburo: Reform pay and benefits by job position, overcome across-the-board equalization, prioritize rank and grade
The Politburo's conclusion, issued by Permanent Member of the Party Secretariat Trần Cẩm Tú, calls for improving the system of job positions within the political system, linked to building cadre teams and managing staffing quotas. It requires gradually renewing evaluation mechanisms and pay and benefit policies based on job position, capacity and results, overcoming equal or across-the-board treatment and the tendency to favor rank, grade and seniority over work performance. Job positions must be defined by each agency's functions, tasks and outputs, not by current headcount, grades or quotas. The conclusion also bars mechanical application of staffing norms or average downsizing rates and calls for clearly delineated responsibilities among agencies to avoid overlap.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.