Average Tet bonus increase about 10%

The average salary bonus for Tet is estimated to increase by about 10% compared to the previous Lunar New Year.
Average Tet bonus increase about 10% ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNS/VNA) - The average salary bonus for Tet is estimated to increase by about10% compared to the previous Lunar New Year.

Tong Van Lai, Deputy Director of the Labour Relations and WageDepartment under the Ministry of Labour, Invalids and Social Affairs, said thatall provinces and cities had sent their reports on salary situations this yearand plans for Tet bonus fortheir workers.

Lai said that depending on the production and business results ofeach business, the bonus levels are kept the same as every year, equivalent toone month's salary.

The average bonus is calculated to increase by about 10%, headded.

State-owned enterprises are expected to give an average bonus of 6.5million VND (274 USD) per labourer (15% higher than the previous Tet); private enterprises will give anaverage bonus of 6.6 million VND (278 USD) per labourer (10% higher than theprevious Tet); and foreign-investedenterprises will give an average bonus of 7.2 million VND (303 USD) perlabourer (9% higher than the previous Tet),he said.

Lai also said most businesses are paying attention to preparing Tet bonuses for their employees. 

“There is a big difference between the highest and the lowest Tet bonus,” he said.

Among the enterprises that announced Tet bonusplans, some will pay up to a billion VND perlabourer, however, other enterprises announced bonus of only 50,000- 500,000 VND(2-20 USD), he said.

Da Nang city is the locality with the highest Tet bonus of more than 1 billion VND (42,200USD).

The number is 896 million VND (37,800 USD) in Binh Duong province,760 million VND (32,000 USD) in HCM City, 535 million VND (22,590 USD) in Ba Ria-VungTau province, 400 million VND (16,890 USD) in Hanoi, 379 million VND (15,990 USD)in Bac Ninh province, 307 million VND (12,960 USD) in Dong Nai province.

Lai said that the high Tet bonusis mainly in foreign-invested enterprises.

“The highest Tet bonusamount is only given to a few excellent individuals in an enterprise, aiming torecognise their contributions,” he said, adding that whenevaluating Tet bonus, it is important to pay attention to theaverage bonus level to see the overall situation, he said.

Paying attention to salary, Tet bonus

Tran Thi Thanh Ha, Director of the Labour Relations Departmentunder the Vietnam General Confederation of Labour, said although thelabour law does not stipulate that Tet bonusis mandatory, most enterprises have a plan for Tet bonusdepending on their situation of production and business.

Ha said the Tet bonuswill often be based on negotiations between employees and employers orgrassroots trade unions with employers.

Therefore, the confederation has ordered trade unions at alllevels, especially grassroots trade unions, to always focus on negotiatingsalary and bonus for employees, she said.

In the first months of this year, many businesses in the countryrecruited many workers thanks to high orders. But in the second half of thisyear, the labour market changed. Then, many businesses have met difficulties,she said.

However, many businesses still try to maintain jobs and prepare Tet bonus for their employees, shesaid.

Even though the levels might be different among businesses, it isremarkable efforts while the businesses are still facing many difficulties, shesaid./.
VNA

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