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HCM City: Average Tet bonus surges 45%

The Tet (New Year) bonus of the upcoming lunar Year of the Cat will average nearly 13 million VND, 45% higher than that last year, according to the municipal Department of Labour, Invalids and Social Affairs.
HCM City: Average Tet bonus surges 45% ảnh 1Illustrative image (Photo: VNA) 
HCM City (VNA) - TheTet (New Year) bonus of the upcoming lunar Year of the Cat will average nearly 13 million VND, 45% higher than that last year, accordingto the municipal Department of Labour, Invalids and Social Affairs.

Based on data from its survey of more than 1,000 businesses operatingin the city, the department said thehighest bonus reported so far is more than 756 million VND (31,900 USD) bya foreign-invested enterprise, and the lowest, more than 4.8 million VND.

HCM City: Average Tet bonus surges 45% ảnh 2The highest bonus reported so far is more than 756 million VND (31,900 USD) by a foreign-invested enterprise. - Illustrative image (Photo: VNA) 
According to deputy director of the department Nguyen Van Lam, asmany as 386 enterprises among the respondents said their business faceddifficulties due to fewer orders and more difficulties in collecting debts, which forced them to downsizetheir production.

Apart from the bonus, local enterprises planother forms like providing free train and bus tickets and gifts for their employees to go home for Tet.
HCM City is home to nearly 249,000 enterprises,generating employment to over 2.8 million labourers./.
VNA
#Tet (New Year) bonus#HCM City#foreign-invested enterprise#bus ticket#Vietnamplus#Vietnam news#Vietnam News Agency
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