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Compensation & Benefits

How Much Should You Pay Your Factory Workers in Vietnam?

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...

May 20, 2025

How Data-Driven Benefits Transform Employee Retention In Manufacturing Industry

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...

May 20, 2025

Factory Compensation: Why Vietnamese Manufacturers Need Reliable Salary Data

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...

May 20, 2025

What Does Talentnet Do As A Benefits Consulting Firm

What Does Talentnet Do As A Benefits Consulting Firm

Rather than simply explaining what is a benefits consultant's role, Talentnet provides comprehensive guidance on both mandatory and supplementary benefits systems. Our expertise helps businesses...

May 9, 2025

4 Essential Reasons to Review Your Employee Benefits Program

4 Essential Reasons to Review Your Employee Benefits Program

In Vietnam's rapidly evolving business landscape, are employee benefits really necessary for business success? The evidence confirms their essential role in talent retention, legal compliance,...

May 8, 2025

How to Design an Employee Benefits Program in Vietnam

How to Design an Employee Benefits Program in Vietnam

How to design an employee benefits program has become a critical challenge for Vietnamese businesses facing mounting pressure to attract and retain skilled talent. Recent...

May 7, 2025

How to Create a Fair Salary Structure

How to Create a Fair Salary Structure

Pay inequity damages organizational reputation and leads to costly legal consequences. Without a structured compensation framework, businesses face increased risks of employee dissatisfaction, turnover, and...

April 29, 2025

Vietnam's Manufacturing in 2025 Through Employees’ Perspective

Vietnam's Manufacturing in 2025 Through Employees’ Perspective

Vietnam’s Manufacturing is undergoing significant transformations driven by technology, workforce trends, and economic fluctuations. To gain deeper insight into employee perspectives in this evolving landscape,...

April 28, 2025

Total Remuneration Survey 2025 Is Now Open For Data Submission

Total Remuneration Survey 2025 Is Now Open For Data Submission

Talentnet-Mercer’s Total Remuneration Survey has been the most trusted source for businesses in Vietnam to anticipate labor market shifts. With accurate data and real-time market...

March 10, 2025

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