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Standard Employee Benefits Required By Law A Company Must Legally Provide

As Vietnam's business landscape expands, companies must understand and implement legal employee benefits mandated by the Labor Code of 2019. These requirements apply equally to...

Rewards January 22, 2025

Why Are Employee Benefits Important?

As businesses grow and evolve, understanding the pain points of employees becomes essential. Employers often find themselves at a crossroads, needing to balance budget constraints...

Rewards January 22, 2025

Types of Employee Benefits: Mandatory and Supplemental Guide

In Vietnam's competitive labor market, businesses must optimize their types of employee benefits to secure skilled professionals. A well-structured benefits package serves as a key...

Rewards January 22, 2025

What Is A Good Benefits Package And What Should It Include?

Understanding what is a good benefits package has become crucial for businesses operating in Vietnam. Companies must structure their offerings to meet both regulatory requirements...

Rewards January 21, 2025

Bonus Vs. Salary: What's More Effective?

In compensation strategy, a bonus represents a one-time financial incentive for an employee, while a salary raise involves a permanent increase in their annual pay....

January 10, 2025

KPI Bonus Structure: Align Pay with Performance

A KPI bonus structure directly links an employee's compensation to their measured performance against specific targets. This method emphasizes accountability while providing clear metrics for...

Rewards January 10, 2025

Employee Bonus Structures and Distribution Methods Guide

The difference between standard and exceptional compensation packages often lies in effective bonus distribution methods. As businesses compete for talent in growing markets, strategic types...

January 10, 2025

How Employee Bonuses Impact Overall Company Morale

Companies allocate substantial resources to bonus programs each year, yet many business leaders question whether these investments yield tangible returns. Recent research validates this investment...

Rewards January 9, 2025

The Comprehensive Guide to Bonus Allocation: Best Practices and Strategies

Is your bonus system driving real value creation, or just rewarding short-term thinking? The difference in bonus for employees could be costing you millions.

Rewards January 8, 2025

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