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Employees look for far more than an increase in pay

Update: February, 21/2014 - 08:26
Unilever, P&G, Vinamilk, Nestle, IBM, Abbott, HSBC, Vietcombank, Microsoft, and Coca Cola head the list of best employers.— Photo chinhphu

HCM CITY (VNS)— Apart from salary, a fair bonus, opportunity for career growth, competent leadership, and working environment are also major factors in attracting and retaining talented employees, human resource executives have said.

Speaking at a forum held last Friday in connection with an awards ceremony to honour "The 100 Best Places to Work," Bui Thi Thanh Thuy, deputy director of HR at Prudential Vietnam, said: "Payroll as well as benefits should be based on fair performance assessment."

Talented and young employees would consider growth opportunities as important as the pay, she said, adding that her company has a talent management programme for promising employees.

Vu Minh Tri, general director of Microsoft Vietnam, said: "Human resources is a major factor in the operation of companies.

"Strong leadership will make profits for businesses, resulting in good salaries and bonuses."

Ton That Anh Vu, director of the human resource management department at HSBC Vietnam, said career growth opportunities and training are factors that make employees devoted and loyal to their companies.

His company offers opportunities for employees to work in other countries and territories where it has operations, Vu said.

An active and creative working environment where employees can learn from each other and nurture aspirations for professional growth is also very important, he said.

Total rewards, growth opportunity, culture and values, leadership, work and life quality, and company reputation are the six main criteria for rating employer brand value, Thanh Nguyen, CEO of Anphabe, a HR company, said.

Anphabe has created a framework to evaluate Employer Brand, the first of its kind in Viet Nam, based on 46 factors under the six criteria.

It was used as a benchmark for 100 Best Places to Work survey.

Unilever, P&G, Vinamilk, Nestle, IBM, Abbott, HSBC, Vietcombank, Microsoft, and Coca Cola head the list of best employers.

It also nominated leading companies in 25 industries - like HSBC in banking/ financial services, Microsoft in IT-software, Unilever in FMCG, Samsung in electronics/ electricals/ components, and Prudential in insurance.

The online survey was done in October – December with support from global market research company Nielsen, polling more than 9,000 professionals working in more than 1,000 companies in 25 industries in Viet Nam.

The survey would be useful to companies in carrying out practical innovations to create better working places and satisfy employee expectations, Thanh said. — VNS

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