Payments Calculation Methods under Cambodian Labor Law

Overview

Businesses operating in Cambodia must navigate the nuanced landscape of labor law to avoid legal entanglements and ensure a smooth and fair operation. A deep understanding of the labor laws enables them to accurately calculate wages, overtime, severance pay, and other benefits for their employees. This ensures compliance and contributes to a positive and productive work environment. However, the challenge of accurately calculating employee payments under Cambodian Labor Law remains a pressing issue for numerous enterprises.

Understanding "Payments Calculation Methods under Cambodian Labor Law" is essential for businesses as it ensures legal compliance, effective cost management, and accurate financial planning, mitigates risks associated with regulatory non-compliance, maintains a positive workplace culture and employee morale, enhances public image and reputation, and meets the expectations of stakeholders, including investors, partners, and customers. Compliance with payment calculation methods not only prevents legal disputes and penalties but also contributes to a more productive and stable work environment, ultimately benefiting the business in terms of talent retention and overall financial stability.

This training course will address these complexities by providing a clear roadmap for enterprises. By disseminating the precise payment calculation methods dictated by Cambodian Labor Law, and referencing relevant legislation and regulations, participants will gain a solid understanding of their compliance obligations. Trainees will not only have a clearer understanding of the legal framework but also possess the practical skills to apply the correct payment calculation methods in their professional settings. This training will thus serve as a catalyst for improved compliance, reduced risk, and better employee-employer relations in Cambodian workplaces.

Objective

This training program aims to provide participants with a comprehensive understanding of the payment calculation methods prescribed under the Cambodian Labor Law. This training will equip attendees with the knowledge required to accurately calculate regular wages, overtime wages, severance pay, public holiday pay, leave pay, and others payments in compliance with Cambodian labor regulations. Therefore, upon completion of this training program the trainees are expected to have the ability to:

  • Calculate the payments for employees correctly under the Cambodian Labor
  • Ensure overall compliance with the calculation methods which have been practicing by law
  • Apply the relevant provisions in the labor legislations in handling employee’s payments calculation within the organization
  • Get updated information on legal issues related to payment

Content

This training covers essential aspects of calculating and managing employee compensation and benefits in accordance with Cambodian labor regulations. It includes detailed explanations and practical examples on calculating regular wages, overtime wages, severance pay, public holiday pay, leave pay, and others payments.The course will cover the most important 8 modules:

  • Module 1: Annual Leave Payment
  • Module 2: Prior Notice Payment
  • Module 3: Fixed Duration Contract (FDC)
  • Module 4: Unfixed Duration Contract (UDC)
  • Module 5: Payment for Work and OT on Public Holiday
  • Module 6: Payment for Work on Weekly Day-Off
  • Module 7: Overtime Pay for Normal Work-Day
  • Module 8: Payment for Night-Shift Work and OT at Night

Who should Attend?

The course will benefit professionals who are directly involved in or responsible for managing employee compensation and benefits, including:. Specifically, this course is perfect for:

  • Payroll Professionals
  • Human Resources Professionals
  • Administrative and Finance Professionals
  • Compensation and Benefits Professionals
  • Director, Manager, and Department Heads
  • General Manager and MSME Owners
  • Anyone involved in the management of employee compensation and benefits.

Trainer's Profile

She is currently a lawyer and a member of the Bar Association of the Kingdom of Cambodia. Additionally, she serves as the Managing Director for one of the foremost law firms and works as a freelance business advisor and trainer, with more than 10 years of experience in delivering Industrial Relations programs.

Fee Charged

The course fee is USD 270.00. It is inclusive of course materials, handouts, meals, refreshments, and certificates of completion but does exclude 10% of VAT amount.

We are offering an early bird registration fee to anyone who registers earlier. Interested participants or companies are encouraged to view the course details and early bird registration deadline. For further details on early bird fee, please find the following:

USD 230 (Register before 2 December 2024)
USD 250 (Register before 9 December 2024)