The Ministry of Labor, Invalids and Social Affairs has submitted the Government a draft circular, in which businesses may be fined VND20-50 million for late payment of wage to their workers.
|Workers at a garment company in HCMC (Photo: SGGP)|
Besides the penalty, businesses will have to fully pay the salary and interest on the delayed payment.
Companies paying less than minimum wage rates might be fined VND20-50 million. They will be required to give workers the difference and an extra of five month minimum salary.
They might face a VND10-25 million penalty for not building salary scale, payroll and labor norms and VND5-7 million for giving overtime and night payment less than regulated levels.
A fine of VND15-30 million will be imposed to enterprises for following regulations on severance allowance.