Employment Practice Living Wage
BINUS University is firmly committed to ensuring that all staff and faculty are compensated fairly in alignment with local living wage standards. In accordance with the regulations established by the Ministry of Manpower, the university provides adequate wages that enable employees to meet their financial needs.
The institution adheres to Article 13 of the applicable regulations, which stipulates that monetary compensation is subject to income tax, paid by BINUS on behalf of the employees to the State Treasury Office (Kantor Kas Perbendaharaan Negara). Additionally, Article 1 defines wages as the rightful earnings of employees, established through work agreements and relevant legislation. Article 14 further clarifies that wage determination is based on position, performance, expertise, and competence, thereby ensuring a professional and equitable compensation framework.
In addition to these provisions, Article 5 emphasizes the responsibilities of the institution, which include providing decent compensation in accordance with the services performed by employees, guided by underlying principles regulated by the government and based on the institution’s capacity and internal provisions. Moreover, it highlights the importance of caring for employees’ welfare in the event of accidents occurring during their work relationship with the university.
These policies guarantee that all employees receive fair compensation, free from gender bias. Beyond salaries, staff are entitled to a range of benefits, including holiday allowances, performance bonuses, overtime pay, and sick leave, fostering an inclusive work environment that promotes open communication and engagement.
In recognition of these efforts, BINUS University has been distinguished as one of the Best Companies to Work for in Asia 2023 and has received the Most Caring Company Awards 2023. These accolades underscore the university’s unwavering commitment to the well-being of its staff and faculty.