Compensation & benefits Archives

How Much Should You Pay Your Factory Workers in Vietnam?

In 2024, the Vietnam factory worker salary averages ₫7.7-8.4 million VND (approximately $304-340 USD) monthly. While minimum wage of Vietnam starts at ₫23,800 (~$1.03) in...

Compensation & benefits May 20, 2025

How Data-Driven Benefits Transform Employee Retention In Manufacturing Industry

Factory turnover in Vietnam costs manufacturers 3-5 months of worker salary for every replacement. With 65% of manufacturing companies reporting employee retention in the manufacturing...

Compensation & benefits May 20, 2025

Factory Compensation: Why Vietnamese Manufacturers Need Reliable Salary Data

In Vietnam's booming manufacturing sector, your greatest asset—and potentially biggest risk—is your workforce. Are your compensation strategies truly safeguarding your growth, or are they an...

Compensation & benefits May 20, 2025

Explore Talentnet's Expertise In Crafting Bonus Allocation Strategies

Effective bonus plans for employees directly impact business success. A strategic approach strengthens performance, supports retention, and aligns workforce efforts with company objectives. As Vietnam's...

January 21, 2025

Live Event Highlights: Personal Income Tax (PIT) Finalisation and Key Considerations in The Amendment Law on PIT

On January 8, 2025, Talentnet successfully hosted the live event titled " Personal Income Tax (PIT) Finalisation and Key Considerations in The Amendment Law on...

HR operations January 9, 2025

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