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Benefits & allowance

Standard Employee Benefits Required By Law A Company Must Legally Provide

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...

January 22, 2025

Why Are Employee Benefits Important?

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...

January 22, 2025

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

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...

January 21, 2025

Businesses Urged to Align With Maslow's Hierarchy of Needs

Businesses Urged to Align With Maslow's Hierarchy of Needs

In anticipation of the evolving workforce in 2025, businesses are urged to revamp their HR strategy in line with Maslow's Hierarchy of Needs to improve...

January 13, 2025

Bonus Vs. Salary: What's More Effective?

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

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...

January 10, 2025

How Employee Bonuses Impact Overall Company Morale

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...

January 9, 2025

What Is A Fair Bonus For Employees? Complete Rules & Guidelines

What Is A Fair Bonus For Employees? Complete Rules & Guidelines

In today's competitive business landscape, companies face mounting pressure to design bonus systems that drive performance while maintaining financial sustainability. Recent trends show that organizations...

January 8, 2025

How to Set Up a Bonus Structure for Employees

How to Set Up a Bonus Structure for Employees

A well-designed bonus system can be the key to aligning employee efforts with organizational goals, but getting it right requires careful considerations.

January 7, 2025

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