Many Vietnamese businesses to increase salaries in 2025: survey

4h ago
28-11-2024 07:54:31+07:00

Many Vietnamese businesses to increase salaries in 2025: survey

Eighty two per cent of companies taking part in a survey by a recruitment consultancy said they were planning to hike wages next year.

Workers at a stuffed toy factory in Du Long Industrial Zone, the south-central province of Ninh Thuận. — VNA/VNS Photo

In a salary survey released by recruitment consultancy Robert Walters, companies said they were planning to increase wages in 2025.

Employers are also focusing on enhancing talent acquisition programmes through competitive bonus schemes (76 per cent) and comprehensive training and development initiatives (67 per cent).

The survey, carried out among 84 companies in Việt Nam and hundreds of candidates across various industries, positions and levels, revealed several positive trends. Seventy three per cent of employees expressed optimism about their career prospects, reflecting growing confidence in job opportunities.

Salary and benefits remain the top factors contributing to employee satisfaction with 46 per cent of employees emphasising the importance of competitive compensation packages, while 77 per cent highlighted the role of bonuses in determining job satisfaction.

Financial incentives and recognition play crucial roles in retaining and attracting talent. Notably, employees are increasingly valuing non-monetary aspects of workplace culture. Friendly colleagues and a supportive, collaborative work environment are significant factors that drive employee loyalty to their organisations.

Additionally, personal and professional development opportunities, including specialised training programmes, flexible working hours and premium health insurance packages, are increasingly seen as essential components of an attractive compensation policy.

The survey also shows employees’ strong preference for foreign companies, with up to 99 per cent of respondents expressing a desire to work at international firms.

Key reasons include more attractive salaries, clear and structured career development paths and the opportunity to experience a professional working environment aligned with international standards.

According to the Robert Walters survey, companies in 2025 are expected to ramp up recruitment in fields, including human resources, legal and finance to support business expansion and growth strategies. 

Bizhub



NEWS SAME CATEGORY

PM urges US to soon recognise Việt Nam as a market economy

In a landmark event underscoring the robust and evolving partnership between Việt Nam and the US, Prime Minister Phạm Minh Chính called on the US to recognise Việt...

Đà Nẵng strives to early pilot free trade zone model

The central city of Đà Nẵng is actively collaborating with central ministries and agencies to swiftly implement specific mechanisms and policies for the city’s...

Việt Nam, Canada strengthen ties in production, energy sectors

A forum aimed at strengthening Việt Nam-Canada collaboration in the production and energy sectors has been held in Vancouver by Việt Nam’s Trade Office in Canada in...

Bình Dương speeds up public investment disbursement to boost growth

Bình Dương Province is accelerating public investment disbursement for key projects to promote local socio-economic development.

Bình Định is a promising destination for Thai businesses

The central province of Bình Định is gradually striving to position itself as a new economic centre to attract foreign investors, including Thailand.

Foreign investors flock to invest in southern provinces and cities

Foreign investors have recently rushed to southern Vietnamese provinces and cities to look for investment opportunities and locations.

PM orders strengthened state management over e-commerce

Prime Minister Pham Minh Chinh on November 25 ordered relevant ministries and localities to intensify state management over e-commerce.

River lights up Danang growth goals

Danang wants the vicinity of the Han River to become the heart of the city, opening up great development space in tourism, services, and especially real estate.

Việt Nam, Bulgaria look toward new height in trade volume

The ongoing Việt Nam visit by Bulgarian President Rumen Radev is set to elevate bilateral ties to a new height, particularly in the economic sphere, as both nations...

Conference promotes business expansion to the US

The Cần Thơ Promotion Agency and the Consulate General of the US in HCM City on Thursday in Cần Thơ City held a joint conference to promote business expansion to...


MOST READ


Back To Top