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Tet holiday bonuses in HCMC expected to be higher this year

Update: January, 09/2016 - 09:56
Workers receive bonus at Bay Nguyet Company in HCM CIty. This year's Tet bonuses for workers in the city are expected to be higher than last year, with the average bonus equal to one month of salary. — Photo laodong.com.vn
HCM CITY  (VNS) — This year's Tet bonuses for workers in HCM City are expected to be higher than last year, with the average bonus equal to one month of salary, according to a report released by the city's Department of Labour, Invalids and Social Affairs

As of January 6, more than 1,200 enterprises in HCM City with more than 261,000 labourers had submitted their plans for Tet bonuses. These figures were used to compile the department's report.

The highest Tet bonus for workers in HCM City was VND600 million (US$26,700) at domestic non-state-owned companies compared to the highest bonus of VND457 million (US$20,300) in 2014.

Domestic non-state-owned companies offered an average Tet bonus for workers of VND 5.9 million per person. The lowest bonus was VND3.4 million.

The average Tet bonus at partly state-funded enterprises was VND 13.3 million. The highest bonus was VND 303.5 million and the lowest, VND4 million.

At state-owned enterprises, the average Tet bonus was VND8.8 million. The highest bonus at State-owned enterprises was VND70 million and the lowest VND4 million.

The highest Tet bonus for workers at foreign direct investment companies was VND487 million and the lowest VND3 million.

The highest Tet bonuses were offered by enterprises in banking and finance, packaging and plastics, petroleum exploration and exploitation companies, and pharmaceutical companies, according to Tran Ngoc Son, deputy director of the city's Department of Labour, Invalids and Social Affairs.

Last year, enterprises in retail sales, plastic manufacturing and electronics offered the highest Tet bonuses, Son said. — VNS

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