PUBLIC SALARY, REMUNERATION PAYMENT TO CHIEF CONTROLLERS OF 100% STATE OWNED COMPANIES
This is the requirements of the Ministry of Finance prescribed at the Circular No. 97/2017/TT-BTC dated September 27, 2017, guiding use and management of salary, remuneration and bonus payment to chief controllers, controllers of single-member limited liability companies of which charter capital is wholly owned by the State as stipulated under the Decree No. 52/2016/ND-CP dated June 13, 2016 of the Government.
Accordingly, the Circular requires to have publication on salary, remuneration and bonus payment of chief controllers and controllers on the Portal of the representative agency of the owner, Ministry of Finance and send to the Ministry of Labors, Invalids and Social Affairs for summarization. Annually in quarter I, single-member limited liability companies shall determine salary, remuneration and bonus fund to the chief controllers and controllers. No later than the 15 of each month, single-member limited liability companies shall transfer 80% of salary, remuneration amount as planned to salary, remuneration and bonus fund to chief controllers, controllers managed by representative agencies of the owner, Ministry of Finance (for financial controllers working at the state economic corporations. If salary, remuneration and bonus fund is not approved by the representative agencies, the single – member limited liability company shall temporarily transfer 80% of salary, remuneration amount of the previous year. After being approved by the representative agencies, the single-member limited liability company shall back up to make sure that the advanced payment shall not exceed 80% of the salary, remuneration amount of the planning year. Before the twentieth of each month, representative agencies, the Ministry of Finance (for financial controllers at the state economic corporations) shall pay salary and remuneration amounts to chief controllers and controllers (80% of the amount of salary, remuneration according to the plan divided into 12 months) to the personal account of chief controllers and controllers. Bonus of chief controllers and controllers include annual bonus and bonus given at the end of year.
This Circular takes effect on October 20, 2017 and replaces the Circular No. 221/2013/TT-BTC dated December 31, 2013
