Tet Lunar New Year Bonus for Employees in 2019

06:04, 11/07/2024

Tet bonus is one of the issues that employees are particularly concerned about. Below are some regulations that employees need to know about this matter to ensure their own rights.

In Clause 1, Article 103 of the Labor Code 2012, it is stipulated that "Bonuses are monetary amounts that employers reward employees based on annual business production results and the level of job completion by the employees."

With this regulation, the Tet bonus for employees is not mandatory but will be based on the company's business results and the employees' ability and work performance over the past year.

To know precisely whether the company will pay a bonus to employees, the criteria for performance-based bonuses, and the timing of the bonus disbursement, employees need to monitor the company's Bonus Regulation. This regulation will be publicly announced at the workplace of the employees according to Clause 2, Article 103 of the Labor Code 2012.

Duy Thinh

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email [email protected]