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Increased bonuses mean a solution to keep labor during this labor shortage time |
The reason accounting for this rise is that the basic wage adjustments have been promulgated by PM. The firms offer bonuses in equivalence with the thirteenth monthly wage based on rate of price fall. Moreover in the current situation of shortage of labor sources, especially after Tet Holiday, bonus policy may act as a feasible solution to keeping their workforce, preventing instabilities and stabilizing production.
Also as stated in the figures, labor monthly wages in the province after 2010 will rise in conformity with basic wage rise regulated by Decree No. 97 and 98 of Government are VND2.8 million, VND3.2 million for employees in state-owned enterprises, and VND1.7 million for non state-owned and privatized enterprises.
L.H (T.L)
Author: phongvien
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