Starting from January 1, 2021, the monthly social insurance contributions will be based on the salary, salary allowances, and other additional amounts specified in point a, point b1, and point c1 of clause 5 of Circular No. 10/2020/TT-BLDTBXH dated November 12, 2020, issued by the Ministry of Labor - Invalids and Social Affairs, which provides detailed regulations and guidance on the implementation of certain provisions of the Labor Code regarding the content of labor contracts, collective bargaining councils and professions, and jobs that have a negative impact on reproductive function and child-rearing.
Employees who work overtime will be paid extra wages for their overtime hours (overtime paid) (according to Article 2, Point c, Clause 5 of Circular 10/2020/TT-BLDTBXH). In this regard, overtime wages are determined as additional amounts that are not specifically defined in terms of a specific amount, along with the agreed-upon salary in the labor contract, paid regularly or irregularly in each paid period associated with the work process and the performance of the employee's duties. It depends on whether the employee has more or fewer hours of overtime working.
Therefore, for Employees who work overtime, their overtime wages will not be counted towards social insurance payment.
