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Update news Tet bonus
VietNamNet Bridge – Due to regulations on hiring civil service personnel, many general schools in Vietnam cannot recruit teachers despite high demand.
VietNamNet Bridge – The idea of dropping the Tet bonus and improving worker welfare faces strong opposition from employees as the holiday is approaching.
VietNamNet Bridge – In the hard times, many businesses give their employees special Tet gifts like sedge mats, doormats, chili sauce, shorts, incense and even screws.
VietNamNet Bridge - Around 300 workers of two seafood processing companies in the Tra Noc Industrial Zone in the Mekong Delta City of Can Tho refused to work, asking for Tet bonuses and seniority allowances.
VietNamNet Bridge – Tet, or the Lunar New Year, is a significant event that most Vietnamese people look forward to, not just because of the long holiday break, but also because of the customary Tet bonus.
VietNamNet Bridge – In the current big economic difficulties, businesses would have to fasten their belt and reserve limited budgets for Tet bonus for workers, according to the Ministry of Labor, War Invalids and Social Affairs.
The teachers of some schools in HCM City receive VND6-20 million as Tet bonus. Meanwhile, the concept of “Tet bonus” remains unfamiliar to the teachers in the highland.
According to reports of enterprises, the lunar New Year (Tet) bonus this year increases from last year. In particular, the highest Tet bonus belongs to a company in the southern province of Dong Nai, with VND650 million ($32,000).
Big bankers and businessmen have prepared their staff for a sad piece of news, saying that there would not be Tet bonuses this year, or the Tet bonuses would be modest.
Garment, footwear and electronics enterprises plan to give to their workers the Tet bonuses valued at one or two-month salaries. Meanwhile, commercial banks, which always offered sky high Tet bonuses, still ponder on the Tet bonuses.
VietNamNet Bridge - Despite the difficult economic situation in Vietnam, the highest year-end bonus in export processing zones (EPZ) and industrial parks (IP) in HCM City is at VND217 million (over $10,000).
In general, the Tet gift to workers at the end of the year is money. However, in the current economic difficulties, bricks, rice, garments and telephone cards all can be the “Tet bonuses.”