2017 will be a year of significant change in the field of labor and employment law. In late 2016, a draft of the revised Labor Code was released which proposes to make fundamental changes to the employer-employee relationship. Some notable revisions include increasing or removing the annual cap on overtime hours, expanding regulations prohibiting discrimination and sexual harassment, expanding the grounds upon which an employer may terminate an employee, allowing multiple independent trade unions within an enterprise and granting employers with further rights to discipline employees.
Labor costs will also increase in 2017, as general minimum wage, which forms the basis for calculating social and health insurance contributions, will increase by 7%. Regional minimum wage has also increased as of the start of this year by 7.1 – 7.4%.
The updates was presented by the employment law expert from the Employment practice group of Baker & McKenzie - Ms. Sarah Galeski, Associate, and followed up by a panelist of Mr. Milton D. Hagler, General Director, Brisk Heat Vietnam, Mrs. Tran Phuong Nga, HRBP Big C Vietnam and Mr. Tom Vovers, General Director, HR2B as collaborator to discuss the potential impact of these legal changes in 2017.
The event attracted good group of 70 senior members and non-members. And we have received good feedback after the event.
Below are some photos of the event: