Consultant Construction Regulation on salary and reward

Purpose:

• The salary and bonus payment for each individual, each department, to encourage the employee to work, complete the job by title and made important contributions to the completion of production and business plans of company.
  

• Ensure employees' life assured, to meet the basic living standards of company employees.
  

• To comply with the provisions of labor law on compensation and other regimes for the laborers.
  

I. Content advisory which Intercode support for employers:
1. Classification of employees:
2. The calculation of the form of wages paid:
2.1 Paid based on the product;
2.2 The amount of time, securities;
2.3 Ranks and grades;

II. Calculation and payment of wages:
1. The calculation of wages to employees based on work time on the attendance card, be reconciled with timesheets if necessary;
2. The calculation of salary based on the principles of data accuracy and ensure the time paid to employees in accordance with the regulations;
3. An employee may receive a monthly paycheck detail, have the right to compare with total payroll by the Head of Direct holding (copy).
4. Wages paid to employees. Once a month, on the day of 05^th to day 10^th of a month. For paid based on products, are paid in two installments (each installment payment after the 15^th, 30^th  of a month,   salary's by-product shall be paid within seven days after the date of settlement.

III. The regime and procedures for consideration of wage increase:
1. In consider raising salary regime: Every year, company leaders consider a salary increase for employees one time in the first 04 months of the year;
2. Annual limits and objects in the consideration of wage increase: employees already have enough staff for one year at a salary in effect (from the date on salaries was designed with consideration to the new salary), with  the condition is to fulfill duties being assigned and no disciplinary action from the form of a written reprimand or more does not violate Rules of labor, no disciplinary action from the form of a written reprimand or more. If violated is not in the review. In the new salary increase to be considered, provided it does not recur labor discipline;
3. The implementation extraordinary salary increase for employees working fine, outstanding tasks being assigned, the proposal by the Head;
4. Procedure for raising wages: By period of approval of salary increase,  The Administrative Office may review and sum up the list of officers and employees have a full-term annual salary increase, send down the list of units, to consult with subordinate leaders. Then they establish the scheduling, the Company Board of Directors for approval. When approved, the administrative office draft decision to the Director for the official signing, and invite employees to be called to give the salary increase decision. With respect to the employees has not been considered to increasing salaries, must be explaining to employees for peace of mind;
5 - The level of a wage increase from 10% - 20% of current salary, depending on the business results of companies in the year.
And another work related.

* For any further request, feel free contact us.

(Intercode Team)