Bank employees earn from 10 to 30 million VND per month is still off work

The results of a recent survey show that the average income of employees in most banks is 10-30 million per month, but the rate of leave i...

The results of a recent survey show that the average income of employees in most banks is 10-30 million per month, but the rate of leave is very high.Compared with the other areas such as IT, consumer, retail ... the average income of bank staff is much higher.Navigos Group's survey, the VietnamWorks job search site owner and Navigos Search, recruited employees in the banking industry, revealing that up to 90 percent of banks pay employees' salaries. I am 10-30 million VND / month. But 26% of banks said that their salaries and benefits are not really competitive yet, and that is the biggest difficulty in recruiting staff.Most bank employees are only entitled to 1-3 months' salary per yearRegarding bonuses, the majority of employees in the surveyed banks indicated that the reward they received was equivalent to 1-3 months' salary. 18% of respondents receive 3-5 months salary per year, 7% receive 5-7 months salary. Only 5% of employees said they received bonuses above 7 months salary each year.
During the Lunar New Year, the leaders of the banks said that the Tet bonus was higher than before, but not at any level, depending on the performance. Even so, there are banks that give bonuses to their employees for up to 7 months' wages.
Sharing with, ACB Deputy General Director Nguyen Thanh Toai said that most banks now apply bonus levels based on each position and business results of the bank.
He also said that in recent years banks did not announce specific bonuses, as wages and bonuses for the banking industry were changed.
"In the past, people used to give bonuses, but now the labor market is increasingly fluctuating. Incorrectly putting specific salary and bonus data into the market will have an impact on the market, "said Toai.
Bank employees also disclose that the annual salary increase of the banking industry is relatively high, at over 10% per annum.
Stress, the pressure of high unemployment
With the income of tens of millions per month, the rate of bank staff is very high. More than half of the surveyed banks said that on average more than 10% of their employees quit their jobs each year.
Most bank employees involved in the survey also said they felt stress and pressure at different levels, only 8% satisfied with the current job.
The common cause of stress in the banking sector is the high volume of work and the high turnover pressure.

Remarkably, although the majority of surveyed employees came from domestic joint stock banks, only 16% came from foreign bank branches or 100% foreign owned banks in Vietnam, more than half of respondents expressed interest in working for a bank / foreign bank branch.
Meanwhile, only 11% of bank employees were asked to work at state-owned commercial banks, although the bank paid high salaries. According to calculations, state-owned commercial banks are the banks paying the highest average employee income. More than VND32 million per month at Vietcombank; VND29.2 million per month at BIDV, VND26 million per month at MBBank ...
Cause bank employees who want to work in a foreign branch / bank in Vietnam because they think they will be treated fairly and have a healthy working environment. Along with that is the desire for high salaries, opportunities for advancement and use of English, working with colleagues, managing foreigners ...


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High Tech Brain: Bank employees earn from 10 to 30 million VND per month is still off work
Bank employees earn from 10 to 30 million VND per month is still off work
High Tech Brain
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