#wage reform

Wage policies need to take into account the ability of workers to meet essential needs, save money, and secure their livelihoods. Photo: THANH DAT
Society

Wage reform: Towards ensuring workers’ livelihoods

The rising cost of living is putting pressure on workers, many of whom must still work overtime and borrow money to make ends meet, leaving little opportunity to save for the future. The Government’s development of a proposal to submit to the competent authorities for consideration of a new resolution on wage and social insurance policies highlights the need for reform aimed at improving real incomes, ensuring fair pay, and providing long-term social security.

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