* Some job levels and salary ranges are omitted not included in the chart or showing zero application due to small sample size In IT category, most experienced non-manager jobseekers app
Trang 2Year-end bonus analysis
This year (2016) shows interesting trends with some jobseekers opting for jobs with salaries lower than expectation, while others benefiting from higher-paying salary jobs in certain industries These findings are extracted from our newest report - SALARY & BONUS INSIGHTS REPORT FULL YEAR 2016 With the help of nearly 350 HR experts and more than
3800 jobseekers participating in two comprehensive surveys, we hope the report will give you an insightful picture about the current salary and bonus packages in Vietnam
Paul Espinas
Marketing Director at VietnamWorks
Trang 3HR Insider’s Salary & Bonus Insights Report Full-Year 2016 presents an analysis of the salary data
specified in each job posting on VietnamWorks.com from January 01, 2016 to December 31, 2016
Most of the jobs are for the Vietnam Market
Each employer advertising their job offers on VietnamWorks.com was asked to fill in 2 fields,
minimum salary and maximum salary they would like to offer for each of their job vacancies These
2 fields are the basis of the salary data we’ve compiled in this report
Salary range is based on maximum salary field If the jobs had no maximum salary, minimum salary
will be filed in There are 7 pre-defined salary ranges: less than $250, $251-$500, $501-$700,
$701-$1000, $1001-$2000, $2001-$3000, and more than $3000
For example, a job posted with minimum salary of $260 and max salary of $1000 will be listed
under predefined salary range of $701-$1000 A job posted with minimum salary of $260 without
maximum salary will be listed in the range of $251-$500
Employers were given a choice whether to show their salaries to jobseekers or not on VietnamWorks
com We respect employers’ discretion, and all the data included in this report, while comprehensive,
does not reveal any specific employer’s posted salary
There are many factors determining a jobseeker’s decision to view and apply to a job Salary is one,
but not all of them The purpose of this report is to state facts based on real data of salary, views,
and applications per job post, not to draw a comprehensive conclusion on the impact of salary on
jobseekers’ behaviors
All salary data used in this report is monthly salary
Exchange rate: 22,615 VND/USD
information about jobseekers’ and employers’ insights related to their
2016 year-end bonuses Particularly,
- Employer survey received nearly 350 responses from HR experts across Vietnam
- Jobseeker survey received more than 3800 responses from jobseekers working in different industries
In this analysis, “median number” was used alongside with the “average number” Statistically, “median number” is the middle number of a set of orderly-arranged numbers These two numbers best depict the general bonuses that jobseekers received in 2016
Trang 5- NEW GRADUATES / ENTRY LEVEL
Views per job post
$0-$250 $251-$500 $501-$700 $701-$1000 $1,001-$2000 $0-$250 $251-$500 $501-$700 $701-$1000 $1,001-$2000
Applications per job post
* Omitted data of salary ranges above $2000 due to small sample sizeMost graduates view jobs with salary range $701 - $1000, while they apply aggressively for jobs that pay $251 - $500 per month
Trang 6SALARY
- EXPERIENCED (NON-MANAGER)
41% of all jobs for experienced manager) pay a monthly amount between $251-$500.
Applications per job post
* Omitted data of salary ranges above $2000 due to small sample sizeMost experienced (non-manager) jobseekers look at and apply the most to jobs that pay $501-$700 per month
Trang 7Applications per job post
* Omitted data of salary ranges below $250 above $3000 due to small sample sizeMost Managers view jobs that pay $501-$700 per month, but apply to jobs that pay $1001-$2000 per month
Trang 8Applications per job post
* Omitted data of salary ranges below $700 due to small sample sizeMost Directors/CEOs view jobs that pay $701-$1000 per month, but apply to jobs that pay $2001-$3000 per month
Trang 9PART 2
SALARY BY JOB CATEGORIES
10 JOB CATEGORIES MENTIONED:
10
Trang 10SALARY
- IT/SOFTWARE
$701-$1000 and $1001-$2000 are the most popular salary ranges for IT/Software jobs.
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In IT category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, while most managers apply to jobs that pay $1001-$2000
Experienced (non-manager)Manager
Trang 11* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Administrative/Clerical category, most experienced (non-manager) jobseekers apply to jobs that pay $251-$500, while most managers apply to jobs that pay $1001-$2000
Trang 12* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Accounting category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, while most managers apply to jobs that pay $1001-$2000
Trang 13SALARY
- PRODUCTION/PROCESS
$251-$500 is the most popular salary range for Production/Process jobs.
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Production/Process category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, while most managers apply to jobs that pay $1001-$2000
Trang 14SALARY
- CUSTOMER SERVICE
$251-$500 is the most popular salary range for Customer Service jobs.
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Customer Service category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, $1001-$2000, while most ers apply to jobs that pay $1001-$2000
Trang 15* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Advertising/Promotion/PR category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$1000 and $701-$1000, while most managers apply to jobs that pay $1001-$2000
Trang 16* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Architecture/Interior Design category, most experienced (non-manager) jobseekers and managers apply to jobs that pay $1001-$2000
Trang 17* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Marketing category, most experienced (non-manager) jobseekers and managers apply to jobs that pay $1001-$2000
Trang 18SALARY
- CIVIL/CONSTRUCTION
$251-$500 and $701-$1000 are the most popular salary ranges for Civil/Construction jobs.
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Civil/Construction category, most experienced (non-manager) jobseekers and managers apply to jobs that pay $1001-$2000
Trang 19* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Sales category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, while most managers apply to jobs that pay
$1001-$2000
Trang 20Average Maximum Posted Salary
$1066
Experienced jobs Manager jobs
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Hanoi, the average salary range is $675 - $1066 $501-$700 jobs in Experienced level, and $1001-$2000 jobs in Manager level attract the
most applications per job in their respective job levels
Trang 21BEHAVIORS VS AVERAGE SALARY
- HO CHI MINH CITY
$1086
Experienced jobs Manager jobs
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Ho Chi Minh City, the average salary range is $666 - $1086 $501-$700 jobs in Experienced level, and $1001-$2000 jobs in Manager level
attract the most applications per job in their respective job levels
BEHAVIORS VS AVERAGE SALARY
$600
Average Maximum Posted Salary
$944
Experienced jobs Manager jobs
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Binh Duong, the average salary range is $600 - $994 $251-$500 and $701-$1000 jobs in Experienced level, and $701-$1000 jobs in
Manag-er level attract the most applications pManag-er job in their respective job levels.
Trang 22BEHAVIORS VS AVERAGE SALARY
$1097
Experienced jobs Manager jobs
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Da Nang, the average salary range is $651 - $1097 $701-1000 jobs in Experienced level, and $1001-$2000 jobs in Manager level attract the
most applications per job in their respective job levels
BEHAVIORS VS AVERAGE SALARY
$579
Average Maximum Posted Salary
$965
Experienced jobs Manager jobs
* Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size
In Bac Ninh, the average salary range is $579-$965 $251-$500 and $701-$1,000 jobs in Experienced level, and $701-$1000 jobs in Manager
level attract the most applications per job in their respective job levels.
Trang 23PART 4
YEAR-END BONUS ANALYSIS
MOST JOBSEEKERS ALREADY RECEIVED THEIR YEAR-END BONUSES BY 13/02/2017
84.43% jobseekers said they received their year-end bonuses for
2016 More than 96% jobseekers said they received their bonuses before lunar new year
YesNo
YesNo
15.57%
3.96%
84.43%
96.04%
Trang 24COMMON TYPES OF BONUSES
bonus
Bonus based on job performance
Others
Most companies offer 1-month salary bonuses to their employees More than 2/5 companies offer bonuses based on job performance Many companies offer
92.63% of companies offer bonuses to
Bonus only for excellent emploeesBonus only for management levelOthers
Trang 25BUDGET FOR BONUS IN 2016
In overall, budget for bonus among surveyed companies has increased compared to last year
Decrease
20% or more 10% to less Decrease Decrease less than 10% Increase less than 10%
than 20%
Remain unchanged Increase 10% to less than
20%
Increase 20%
or more 0%
2-year experienced (non-manager)
Team leader / Supervisor
Trang 26COMMON AND AVERAGE AMOUNT OF BONUSES IN
DIFFERENT JOB CATEGORIES
IT/Software Administration / Clerical
Production
Accounting
Customer Service
Median amount of bonuses Median amount of bonuses
Median amount of bonuses
Median amount of bonuses
Median amount of bonuses
Average amount of bonuses Average amount of bonuses
Average amount of bonuses
Average amount of bonuses
Average amount of bonuses
Salary
Bonus amount
Median: 6 million VND
Average: 9.1 million VND
From 20 to below 40 million VND
Salary
Median: 35 million VND
Average: 41.1 million VND
From 10 to below 20 million VND
Trang 27JOBSEEKERS’ SATISFACTION RATE
WITH THEIR YEAR-END BONUS
69% satisfied with their year-end bonus 31% unsatisfied with their year-end bonus
- Meet my expectation
- Relevant with my work effort
- Relevant with my salary range
- Not worth my effort
- Not relevant with my workload
ABOUT VIETNAMWORKS
With over 5.5 million monthly visits, VietnamWorks is the leading and longest running job website in Vietnam Every year, 4.7 million job applications are delivered to more than 95 thousand job openings on VietnamWorks.com Since it was founded in
2002, VietnamWorks has continuously brought fresh jobs to
3 million registered professionals and provided recruitment solutions to more than 13,000 companies VietnamWorks’ large database of experienced jobseekers and reliable employers is an invaluable asset in Vietnam’s competitive recruitment market
To stay up to date on the latest research and insightsfrom VietnamWorks, subscribe to our HR Insider page at:
hrinsider.vietnamworks.com
To get consulted by our VietnamWorks staff
on your recruitment campaign, please call our hotline
at (08) 3925 8456 (Ho Chi Minh City) or (04) 3944 0568 (Hanoi)
or email us at marketing@vietnamworks.com