Description

➢ General Introduction

Navigos Group is the owner of the largest recruitment website in Vietnam, www.vietnamworks.com, and the senior recruitment services, Navigos Search.

➢ Salary, Bonus and Benefits: Overview 2020

• Salary, Bonus, Benefits and Expectations of job seekers
  • The criterion ‘Salary, bonus and welfare’ is the most important factor affecting the employees’ decision to switch a job
  • 13th-month salary is now the biggest benefit of employees
  • Employees’ growing expectations about salary, bonuses and welfare are a challenge for companies in acquiring and retaining talents

• Factors affecting employees’ job satisfaction
  • Only 30% of employees were satisfied with the current benefits
  • The level of satisfaction was in direct proportion to the working position with experience and management work

➢ Salary, Bonus and Benefits in 2021: Expectations of employees

• Job search trends in 2021
  • 52% of employees will look for a new job in the next 3 – 6 months

• Expectations about salary in 2021
  • 43% respondents never asked for a pay raise in 2020
  • 61% employees are expected to get a pay a raise in 2021

• Middle managers ask for a pay raise most frequently
• Some characteristics of salary, bonus, benefits and employee’s expectations in the different sectors

➢ Influences of COVID-19, economic prospects of Vietnam through candidate’s perspective

• Influences of Covid-19 on salary of employees*
  • 26% of employees experience pay cuts
  • Senior group is most influenced by the Covid-19

• Employees’ optimism about the economic prospects of Vietnam
  • More than 50% of workers are optimistic about Vietnam’s economic prospects

➢ Talent Guide 2021

• Detail salary for 4 Groups of industries
  • Group 1: Banking – Finance – Insurance
  • Group 2: Manufacturing
  • Group 3: Information Technology (IT)
  • Group 4: FMCG – Retails
• Detail salary for other industries