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VietNamNews

Firms urged to advertise salary range

Update: May, 22/2015 - 08:17

Transparency in recruitment would also enhance the competitiveness of the country in an international business environment, Justin Nguyen, marketing manager of Jobstreet.com in Viet Nam, said. — Illustrative imgae/ Photo equialt.com

HCM CITY (VNS) — Recruitment of new employees should be done in a transparent manner, with salary ranges advertised clearly for positions, speakers said at a meeting held in HCM City on Wednesday.

Transparency in recruitment would also enhance the competitiveness of the country in an international business environment, Justin Nguyen, marketing manager of Jobstreet.com in Viet Nam, said.

Jobstreet.com's survey of 2,000 Vietnamese workers conducted early this month found that 80 per cent of them were not satisfied with their current salary, and 53 per cent said their salary was lower than the market average.

Angie SW Phang, general manager of Jobstreet.com in Viet Nam, said that employees often did not have a thorough grasp of the market's salary scales.

Employees would be able to make better decisions about submitting applications, she said, if job adverts showed clear information about salary range.

Such transparency would help upgrade Viet Nam's labour market, she said.

She said that information about how many candidates have applied for a job and job descriptions and responsibilities were also important to ensure successful recruitment.

Ninety-nine per cent of job advertisements of the average of 6,000 jobs posted each month on Jobstreet.com specify a salary range, and 70 per cent of employees make references to them when applying for a job, Phang said. — VNS

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