HCM City: 2016 Tet bonuses expected to be higher
Tet bonuses for workers in HCM City in 2016 are expected to be higher than a year ago, with the average bonus equal to one month of salary.
Workers receive bonus at Bay Nguyet Company in HCM City. This year's Tet bonuses for workers in the city are expected to be higher than last year. (Photo: laodong.com.vn)HCM City (VNA) - Tet bonuses for workers in HCM City in 2016 are expected to be higher than a year ago, with the average bonus equal to one month of salary, according to a report released by the city's Department of Labour, Invalids and Social Affairs
As of January 6, more than 1,200 enterprises in HCM City with more than 261,000 labourers had submitted their plans for Tet bonuses. These figures were used to compile the department's report.
The highest Tet bonus for workers in HCM City was 600 million VND (26,700 USD) at domestic non-state-owned companies compared to the highest bonus of 457 million VND (20,300 USD) in 2014.
Domestic non-state-owned companies offered an average Tet bonus for workers of 5.9 million VND per person. The lowest bonus was 3.4 million VND.
The average Tet bonus at partly state-funded enterprises was 13.3 million VND. The highest bonus was 303.5 million VND and the lowest, 4 million VND.
At state-owned enterprises, the average Tet bonus was 8.8 million VND. The highest bonus at State-owned enterprises was 70 million VND and the lowest 4 million VND.
The highest Tet bonus for workers at foreign direct investment companies was 487 million VND and the lowest 3 million VND.
The highest Tet bonuses were offered by enterprises in banking and finance, packaging and plastics, petroleum exploration and exploitation companies, and pharmaceutical companies, according to Tran Ngoc Son, Deputy Director of the city's Department of Labour, Invalids and Social Affairs.
In 2015, enterprises in retail sales, plastic manufacturing and electronics offered the highest Tet bonuses, Son said.-VNA
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