graduation internship report major business administration

LIST OF TABLES Table 1.1: Fields of operation of T&M Hung Phat Garment Joint Stock Company Table 2.1: Consumption situation by the number of products in 2021 and 2020 Table 2.2: Consumpt

SCHOOL OF ECONOMICS AND MANAGEMENT o0o

HANOI UNIVERSITY OF SCIENCE AND TECHNOLOGY SCHOOL OF ECONOMICS AND MANAGEMENT

Hanoi University of Science and Technology Government of the Socialist Republic of Viet Nam School of Economics and Management Independence Liberty Happiness – – - -

INTERNATIONAL PERFORMANCE MONITORING SHEET

Program: Joint program between Hanoi University of Science and Technology and Victoria University of Wellington

Internship location: T&M Hung Phat Garment Joint Stock Company

Supervisor: PhD Nguyen Thi Mai Anh

on of the supervisor 1 Guidelines on outlines, regulations, and assignment of tasks

2 Through Part 1, General Introduction to Business

3 Through Part 2, the contents of the analysis Results of sale marketing, labor payment – –4 Through Part 2, the content of the consulting

company - fixed assets, cost-price 5 Through Part 2, financial analysis, and Part 3 Overall assessment of the supervisor:

Ha Noi, date month year SUPERVISOR

1.1.1 Name, address, and size of company 10

1.1.2 Milestones in the company’s development 11

1.2 The functions and missions of enterprise 11

1.2.1 The functions and missions of enterprise 11

1.2.2 Current goods and services 12

1.3 Manufacturing technology of some major goods or services 13

1.3.1 Flow chart of manufacturing technology 13

1.3.2 Basic content of work steps in the technological process 14

1.4 Production organization form of the enterprise 17

1.5 Organizational Structure 17

1.5.1 Organizational structure diagram 17

1.5.2 Basic functions and duties of the management department 19

PART 2: BUSINESS PERFORMANCE ANALYSIS 20

2.1 Sale and Marketing 20

2.2.4 Labor productivity 36

2.2.5 Recruitment and training 37

2.2.6 Total salary fund 39

2.2.7 Salary payment 41

2.2.8 Comments 43

2.3 Materials and fixed assets management 44

2.3.1 Types of materials 44

2.3.2 How to build raw material consumption norms 45

2.3.3 Raw material usage situation 46

2.3.4 The situation of inventory, storage and distribution of raw materials 47

2.3.5 Structure and Depreciation of fixed assets 48

2.3.6 Situation of using fixed assets 50

2.3.7 Comments 50

2.4 Cost and Cost analysis 51

2.4.1 Cost classification 51

2.4.2 Planned cost 52

2.4.3 Cost aggregation method and Calculate Actual cost 52

2.4.4.Types of accounting books 53

2.5 Analyzing financial situation 55

2.5.1 Income Statement 55

2.5.3 Financial Ratios 62

2.5.4 Comments 66

PART 3: GENERAL ASSESSMENT AND GRADUATION ORIENTATIONS 67

3.1 General assessment of the company’s performances 67

3.1.1 Strengths 67

3.1.2 Weaknesses 68

3.2 Orientation of graduation thesis topic 69

REFERENCES 71

With the permission of the school and the management of the company, with the desire to learn more deeply in my field of study, with the knowledge learned at school, I conducted internships at T&M Hung Phat Garment Joint Stock Company During the internship, I was approached to the activities of the different departments I learned a lot of useful knowledge for working in the future

In this report, I would like to focus on the business situation at T&M Hung Phat Garment Joint Stock Company I would like to apply the knowledge of economic management which has been studied to analyze the business situation of the unit My internship report is divided into three sections with a layout as follows:

Part 1: General introduction of T&M Hung Phat Garment Joint Stock Company

Part 2: Business performance analysis

Part 3: General assessment and Graduation orientations

First of all, I would like to send my sincere gratitude to PhD Nguyen Thi Mai Anh - School of Economics and Management, my supervisor I would like to thank her for advice and suggestions during the graduation internship report

In addition, I am very grateful to the Board of Directors of T&M Hung Phat Garment Joint Stock Company, who have been enthusiastic in helping me and creating favorable conditions for me to have more experiences

Finally, I would like to send my deep thanks to my family and friends for encouraging me during this graduation internship report

Sincerely thanks,

Pham Thi Van Anh

LIST OF TABLES

Table 1.1: Fields of operation of T&M Hung Phat Garment Joint Stock Company

Table 2.1: Consumption situation by the number of products in 2021 and 2020

Table 2.2: Consumption situation by revenue in 2021 and 2002

Table 2.3: Compare to competitors

Table 2.4: Labor structure (by gender, age, and academic level) of T&M Hung Phat Garment Joint Stock Company

Table 2.5: Labor productivity of T&M Hung Phat Garment Joint Stock Company

Table 2.6: The average salary fund for a month of T&M Hung Phat Garment Joint Stock Company

Table 2.7: The actual wages in August 2022 of garment factory 1 of T&M Hung Phat Garment Joint Stock Company

Table 2.8: Payroll of garment factory 1 of T&M Hung Phat Garment Joint Stock Company

Table 2.9: Fixed Assets and Accumulated Depreciation

Table 2.10: Income Statement 2021 of Company

Table 2.11: Revenues of company in 2021 and 2020

Table 2.12: Expenses of company in 2021 and 2020

Table 2.13: Balance Sheet as at 31/12/2021 of T&M Hung Phat Garment Joint Stock Company

Table 2.14: The average assets and equity in 2021 and 2020

Table 2.15: Liquidity Ratios of company in 2021 and 2020

Table 2.16: Financial structure Ratios of company in 2021 and 2020

Table 2.17: Activity Ratios of company in 2021 and 2020

Table 2.18: Profitability Ratios of company in 2021 and 2020

Figure 2.1: Recruitment process of T&M Hung Phat Garment Joint Stock Company

Figure 2.2: The order of recording accounting books in the form of general journal entry form

LIST OF ABBREVIATIONS

PART 1: GENERAL INTRODUCTION OF COMPANY

1.1 Organization overview

1.1.1 Name, address, and size of company

• Original trading name: Công ty Cổ phần May Hưng Phát T&M • English trading name: T&M Hung Phat Garment Joint Stock Company • Tax Number: 0900674682

• Head office: Tan Tien Village, Minh Tan Commune, Phu Cu District, Hung Yen Province, Vietnam

• Phone: 0903294705 (02213852222) • Email Contact: mayhungphattm@gmail.com • Website: https://www.facebook.com/mayhungphattm/ • Representative: Hoang Thi Thuy

• Owner’s equity in 202: 17.9 billion VND • Total assets in 2021: 37.8 billion VND • Total number of employees: 350 employees

Picture 1.1: Logo of T&M Hung Phat Garment Joint Stock Company

1.1.2 Milestones in the company’s development

• 19/04/2011: T&M Hung Phat Garment Joint Stock Company was licensed for establishment and operation with 50 employees

• 2013: The company initially developed with many large orders • 2014: To expand the scale, the company has increased to 120 employees • 2017: Expanding business cooperation both domestic and foreign and exporting

abroad

• 2019: The company reached more than 30 billion VND in revenue and also built a second factory Then, It has increased to more than 200 employees • 2021: Increasing to 350 employees, the company earned sales of 40- 50 billion

VND annually

1.2 The functions and missions of enterprise

1.2.1 The functions and missions of enterprise

T&M Hung Phat Garment Joint Stock Company is an enterprise with legal status, production and business activities according to the functions and duties stated in the business license and is protected by law

Hung Phat T&M Garment Joint Stock Company has functions and missions as follows:

● Developing, organizing and implementing the set goals and plans, producing and doing business in accordance with the registered lines of business, and for the right purposes of enterprise establishment

● Complying with State’s policies, law degree on management of the production process and stipulation in the business contract with both domestic and foreign partners

● Managing and using capital in accordance with regulations to certainly profit ● Conducting R&D to improve labor productivity, employees’ income and the

competitiveness of the company both domestic and abroad

● Subject to examination and inspection by competent State agencies and organizations in accordance with law

● Complying with the State's regulations on protecting workers' benefits, occupational hygiene and safety, protecting the ecological environment, ensuring sustainable development, strictly complying with the technical standards set by the company applicable as well as regulations related to the operation of the company

To increase initiative in business activities, the company has the following power: • Be negotiated, signed and executed production contracts The General Director

of the company is the deputy of the company about benefits, production and business obligations of the company in accordance with current law

• Taking part in activities with the goal of expanding production and business activities such as advertising, product development, opening agents, sales stores • Operating under the regime of independent economic accounting, financial

autonomy, legal status, seal, separate bank account

1.2.2 Current goods and services

Table 1.1: Fields of operation of T&M Hung Phat Garment Joint Stock Company

(According to Business registration of Company)

1410 Sew costume (except costume made from fur)

1420 Manufacture of products from animal skin

1430 Manufacture of knitted and crocheted garments

4641 Wholesale fabrics, readymade garments, shoes

The company mainly processes according to customer orders Main products of the company are shirts and jackets There are some pictures of them

Picture 1.2: Main Products of T&M Hung Phat Garment Joint Stock Company

1.3 Manufacturing technology of some major goods or services

1.3.1 Flow chart of manufacturing technology

The company has a continuous manufacturing technology process, including many technological stages, with two main production and business forms: processing to order and buying raw materials for self-manufacturing for sale

Figure 1.1: Flow chart of manufacturing technology of T&M Hung Phat Garment Joint Stock Company

(According to T&M Hung Phat Garment Joint Stock Company)

1.3.2 Basic content of work steps in the technological process - Step 1: Take order and production planning

Sales department receives orders from customers and transfers them to planning and materials department The planning and materials department adds to the work order book, plans production orders, prepares necessary supplies, balances

Preparing for production

Cutting sell-finished products

No

new orders into the appropriate line, and informs departments of the order production schedule this queue

- Step 2: Preparing for production

Technical department based on customer's requirement document and sample and production schedule, to conduct test and fabricate hard sample The sample sewing team checks the hard samples, studies the details, receives the materials, then proceeds to cut and sew the samples according to the requirements, techniques and designs

The sample sewing team checks the hard samples, studies the details, receives the materials, then proceeds to cut and sew the samples according to the requirements, techniques and designs Deliver technical documents, detailed statistics and approved hard samples to the computerized diagramming department to make cutting diagrams

- Step 3: Cutting sell-finished products

The cutting department receives the cutting diagram and cutting command, and proceeds to take materials from the warehouse Spread the fabric according to the requirements of the size, thickness in the technical documents Make a sketch of the diagrams Check if it is correct or not If yes, then let the batch draw according to the quantity of the order

Workers conduct cutting and ensure accuracy, and enough stamps on the sample All details after cutting is completed, the cutting worker must check by himself If it does not meet the requirements, it must be corrected immediately Leave the details to be embroidered separately

Coordinate workers proceed to number the order from 1 to the end of all details synchronously

Deliver sufficient quantity of semi-finished products to the sewing team - Step 4: KCS Cutting

KCS department receives and based on the production plan to assign inspection according to the production line

KCS staff based on the technical requirements of the inspection order, check 100% of the products of the production line, update the results daily and measure the parameters of the semi-finished and finished products If there is a phenomenon of mass failure, it must be handled according to the “Nonconformity Control Procedure” and promptly corrected

- Step 5: Sewing process

The sewing department receives orders to balance according to the weekly plan and receives semi-finished products from the cutting department, assigns workers to receive materials from the auxiliary warehouse, conducts division according to the design table and assigns specific jobs Guide the stages and techniques for workers, conduct sewing according to the "Sewing technical requirements" of the order and the product code they produce

During the production process, workers at sewing stages must be responsible for self-inspection, and check after receiving products from the previous stage Every day, check each line with 1 product code and record the results, cross-check between lines, compare with technical requirements

Implement buttonholes, buttons, clean thread ends, lint on products, remove stains on clothes and deliver to finished products

Finished goods receiving department must check 100% of products Products with defective parts are returned to those parts The products that meet the requirements, delivered to the workers are finished products

After that, hand it to the forwarder to bring it down to KCS to check again - Step 6: KCS sewing products

KCS department conducts goods inspection according to technical and design requirements If there is a mass defect in the goods inspection, it must be handled according to the "Conformity Control Procedure", and promptly corrected When the KCS goods are finished, the delivery workers are responsible for checking whether the total number of goods in their line is sufficient compared

to the quantity in the semi-finished goods receipt book or not If not enough, you need to meet the production manager to check again If it is enough, then move to the finished product warehouse

- Step 7: Ironing - folding packing –

After KCS, the delivery workers bring the goods to the folding department to iron, fold, check and clean before packing according to the technical requirements and after each step will be subject to the inspection of KCS and acquisition

After being packed, the goods will be sealed and transferred to the finished goods warehouse to wait for the delivery date to the customer

- Step 8: Recordkeeping

Sort by source of goods (domestic or export), type of goods (shirts, pants ), production enterprises Save in both hard and soft copies with a minimum retention period of 3 years

1.4 Production organization form of the enterprise

T&M Hung Phat Garment Joint Stock Company specializes in manufacturing, wholesaling textiles, and processing textiles according to customer orders

The company organizes production lines, with modern technological processes, combined specialization, with a high level of specialization The production lines are designed in a closed manner from the technical stage, cutting house, sewing line Each small part performs its own fixed function with specialized, modern machines and scientific and optimized operating procedures, helping to reduce queuing time, increase labor productivity, and ensure product quality products in accordance with customer requirements

1.5 Organizational Structure

1.5.1 Organizational structure diagram

Figure 1.2: Organizational structure diagram of T&M Hung Phat Garment Joint Stock Company

(According to T&M Hung Phat Garment Joint Stock Company) General Meeting

of Shareholders

Board of Director (Chairman of Directors)

Board of manager (General Manager) Board of

Supervisors

Planning and Materials Department

Financial Planning Department

Investment Technical Department

Quality Management

Department

Organization and Administration

Department

Sales Department

Factory

1.5.2 Basic functions and duties of the management department

- General Meeting of Shareholders: Consists of all shareholders with voting rights, is the highest authority of the company The General Meeting of Shareholders decides on issues prescribed by law and the company's charter In Particular, shareholders will approve the company's annual financial statements and the financial budget for the next year

- Board of Directors: As the management body of the company, has full power on behalf of the company to decide on all issues related to the translation and interests of the company, except for matters falling under the authority of the general meeting of shareholders bronze The Board of Directors is responsible for overseeing the CEO and other managers The rights and obligations of the Board of Directors are prescribed by law and the company's charter, internal regulations of the company and resolutions of the general meeting of shareholders

- Board of supervisors: Is an agency directly under the general meeting of shareholders, elected by the general meeting of shareholders The Supervisory Board is responsible for checking the rationality and lawfulness of the company's business operations and financial statements The Supervisory Board operates independently from the Board of Directors and the Board of Directors

operations and is responsible to the board of directors for the performance of assigned rights and duties Deputy General Directors are assistants to the General Director and are responsible to the General Director for the assigned tasks, actively handle the tasks authorized by the General Director and counterattack in accordance with the official regime State books and company charters

- Professional departments: The professional departments and divisions have the function of advising and assisting the Board of Directors, directly operating according to the professional functions and direction of the Board of Directors The company currently has 6 professional departments, two production workshops with the following functions:

• Organization and Administration Department: Having the function of building a plan to strengthen the entire organizational structure in the company, managing human resources, performing administrative and administrative work • Planning and Materials Department: Planning to organize production, propose

to purchase, replace, coordinate equipment and materials of the company • Sales Department: Having the function in determining the goals and directions

of production and business activities to achieve the highest efficiency Search and take care of customers

• Financial Accounting Department: having functions in planning the use and management of the company's financial resources, analyzing economic activities, organizing accounting work in accordance with the statistical accounting and financial management regimes main of the State

• Investment Technical Department: Having the functions of planning strategies for science and technology development, applying new science and technology, upgrading or replacing modern machinery and equipment with high economy, participating in supervising investment activities in machinery and equipment of the company and capital construction investment works

• Quality Management Department: Checking and monitoring the quality of the production stages Ensuring the quality of the company's output products • Factory: Producing products according to customer orders, or company

requirements based on sample diagrams and directed engineering processes

PART 2: BUSINESS PERFORMANCE ANALYSIS

2.1 Sale and Marketing

(According to Sale Department)

Table 2.2: Consumption situation by revenue in 2021 and 2002

Geographic-al area

Domestic 11.540.158.211 26,05 8.920.983.243 24,67 2.619.174.968 29,36 Export 32.754.295.832 73,95 27.244.589.805 75,33 5.509.706.027 20,22 Product Shirt 19.930.858.077 45,00 15.650.666.694 43,28 4.280.191.383 27,35 Jacket 24.363.595.966 55,00 20.514.906.354 56,72 3.848.689.612 18,76 Total 44.294.454.043 100 36.165.573.048 100 8.128.880.995 22,48 (According to Sale Department)

- By group products:

+ The company focuses on 2 main product lines: shirts and jackets More than 80% of the company's products are shirts, jackets account for just over 18% of total products

+ The company's total products in 2021 increased by 28,07%, equivalent to 60.268 products compared to 2020 In 2021, Shirts increased by 27,34%, equivalent to 48.031 products, from 175.627 products in 2020 to 223.658 products in 2021 Jackets also increased by 31,29%, equivalent to 12.237 products

+ Although jackets only account for more than 18% of total products, they bring 55% - 56% of the company's total revenues In 2021, revenue from jackets increased by 18,76%, equivalent to 3.848.689.612 VND Shirt sales also

increased strongly, up to 27,35%, equivalent to 4.280.191.383 VND The reason is that the company's product output has increased sharply

- By customer groups:

+ The company has two main customer groups, domestic and international More than 70% of the company's products are exported to foreign countries This is also the company's target market

+ In 2021, the number of products exported to foreign countries increased by 27.53%, equivalent to 41,688 products Products consumed domestically also increased by 29.36%, equivalent to 18,580 compared to 2020

+ Because 70% of the company's products are exported to foreign countries, the revenue from product exports also accounts for more than 70% of the company's revenue In 2021, export revenue increased by 20.22%, equivalent to 5,509,706,027 VND Revenue from domestic consumption also increased by 29.36%, equivalent to 2,619,174,968 compared to 2020

The strong growth in product output as well as revenue is a positive sign that the company's labor productivity is increasing, thanks to the constant innovation of technology and techniques, improving product quality Products The company is growing and gaining the trust of customers, especially international customers

2.1.2 Product policy - Product characteristics:

The company focuses on two main product lines: jackets and shirts The number of

• Jackets: This is the company's strong product line, with high requirements on product quality, mainly due to international customers from Japan, EU,

American… Production time is also longer, due to many stages, as well as high

Picture 2.1: Jacket A main product line of the company –

• Shirts: In 2021, the company produced 81.864 shirts Thanks to the trust from both domestic and international customers Shirts have high quality, variety of designs

Picture 2.2: Shirts A main product line of the company –

- Product quality:

With more than 11 years of establishment and development, Hung Phat T&M Garment Joint Stock Company always puts product quality first Strict control from the selection of raw materials, meticulousness in every detail and production stage, application of the

most advanced production lines, techniques and technology, investment in new machinery and equipment such as bare machines cotton, sewing machine, embroidery machine, cutting machine

The company has complied with management system standards and has been granted certificates of ISO 9001:2008, ISO 14001:2004, OHSA, SA 8000:2001 and high quality Vietnamese goods standards

With a team of highly skilled and experienced workers, Hung Phat T&M Garment Joint Stock Company is always committed to bringing quality sewing products, ensuring the needs of customers

- Pricing method: The company performs the valuation on the basis of cost (plus profit to cost (Mark-up))

Price = TC + desired profit In which:

• TC: Total cost of production (Direct materials, direct labor, manufacturing overhead, etc.)

• Desired profit: Is the profit that the company receives from the order to maintain operations and bring profit to the owner Desired profit depends on product quantity, order requirements, competitors, discounts, discounts for old customers

- Factors affecting prices:

• 1Internal environment: Labor productivity, company goals, production and business costs, skill levels of workers

• External environment: State policy, economic, political, social situation, competitors

2.1.4 Place Policy

The company mainly sews and manufactures according to the orders of customers, so the company does not have distribution channels, retail stores or specialized stores The company's customers can be companies, fashion brands, at home and abroad, they order outsourcing and then receive products for business and trade through their own distribution and retail channels

2.1.5 Promotion Policy

Although the company does not directly sell products manufactured by the company, the company still needs to advertise modern production technology, skilled workers, advanced machinery and quality products satisfy the most demanding requirements, so that customers know and choose to order production

Many customers have returned and continue to cooperate with the company for a long time thanks to its commitment, prestige, dedication, and putting quality first At the same time, customers also become word of mouth marketers for the company, bringing in many new customers

• Advertisement: In recent years, the company has paid little attention to advertising due to its reputation and stable customer base New customers are usually introduced by old customers of the company

• Direct marketing: Sales department is responsible for finding, contacting and taking care of customers, sending customers news and images about production technology, product quality, price list, and offers for customers having demands • Personal sale: The company does not sell directly

• Public relations: The company regularly organizes charity activities, gives gifts to policy families, poor households, people in difficult circumstances, poor students overcoming difficulties, war invalids and martyrs in Hung Yen province Support charities and study promotion funds Organizing visits and giving gifts to employees on major holidays such as International Women's Day, International Children's Day, Lunar New Year

• Sales Promotion: The company applies a discount policy, discounts for large orders of garment processing, and with old customers, longtime partners of the company

2.1.6 Marketing information collection

- Internal information: From the accounting books, orders, information collected from customers of the sales department, periodical reports on revenue, inventory, receivables of the accounting department

competitors entering the industry, economic, political, social changes, new technologies and techniques in the industry Collected from the media mass news, competitor websites, reputable websites, newspapers…

2.1.7 Main Competitors

It is extremely important to analyze and understand competitors, from which the company can make appropriate policies on prices, production processes, technological innovation, etc to increase competitiveness competition and maintain its position in the market

Some of the direct competitors of Hung Phat T&M Garment Joint Stock Company are: • Kim Dong Garment Joint Stock Company (Hung Yen), production capacity

Kim Dong Garment

Hung Yen II Garment

Duc Giang Garment

Product policy

2 main products: Jackets, Shirts Customers are mainly from EU, American,

Japan and domestic

Main products: Down jacket, Quiling jacket, Blazer, Vest, Light fashion

garments Customers are

mainly from EU, American,

Japan, Korea and Domestic

Main products: Jackets, feather jackets for adults and children Sports

clothing: Skiing, moto racing, shorts,

long pants, slacks, casual dresses of all

kinds Customers are mainly from EU,

2 main products: Jackets, Shirts

Customers are mainly from

Europe, the US, Canada and

domestic

America, Japan, Korea and domestic

pricing

Cost-based

Cost-based pricing

Distribution policy

Production only, not retail,

wholesale

Production only, not retail,

wholesale

Production only, not retail, wholesale

Production only, not retail,

wholesale

Promotion policy

General focus on direct marketing (offering), public relations

Focus on advertising,

direct marketing

Focus on advertising, direct

marketing

General focus on direct marketing (offering), public relations

- Strengths of the company compared to competitors:

• Both technological specialization and product specialization, focusing on two main products to save costs and resources

• Orders are from familiar customers, so it's easier to negotiate prices Do not have waiting time between deliveries

• Modern technology, processes, closed lines with high standards, high quality, take care details

• Experienced workers, there are highly senior workers in the profession • Having subsidiaries to support holding company

- Weaknesses of the company compared to competitors:

• Because they often make high-end goods, prices are slightly high, lower segment partners are difficult to access, offers are often higher than competitors • Not paying attention to advertising, no separate website or advertising on other

media

• Produce only 2 main products, customers have less choices

2.1.8.Comments - Strengths:

• The company has a clear development when both its output and revenue in 2021 increase sharply compared to 2020

• 70% of the company's products are for export Shirts account for 80% of the total product

• The company's main markets are the US, EU, Japan and domestic

• The company's products are of high quality, meeting the requirements of customers, many customers return to the company

• Pricing policy, cost-based pricing methods are consistent with the business model Always actively negotiate to bring maximum benefits to customers • The company constantly improves techniques, invests in new machinery,

equipment and technology, trains and improves the skills of employees to improve labor productivity and product quality to retain customers

• The company retains old customers through price policies, incentives, quality commitments, thereby introducing new customers The company also attracts new customers through direct marketing and community outreach activities

- Weaknesses:

• The size of the company is medium, with only 350 employees

• The company only focuses on two main product lines, lacking choices for customers

• Advertising and sales promotion activities are not focused, so many potential customers do not know the company

• Prices may be higher than competitors due to the application of modern processes, technology, high quality raw materials, and skilled workers • The company's website is sketchy, old photos, not updated regularly

2.2 Human resources management

2.2.1 Labor structure

For a business to survive and thrive depends on three factors: people, employees and tools of workers In fact, humans are the most important factor Because people can mobilize, seek capital for businesses, find all measures to offset the financial shortage for businesses And they are the direct people who use equipment, machines and technologies suitable for production and control them to operate a company

Table 2.4: Labor structure (by gender, age, and academic level) of T&M Hung Phat Garment Joint Stock Company

University

Intermediate and College

(According to T&M Hung Phat Garment Joint Stock Company)

From the table above, we can see that the total number of employees of the company in 2021 will increase to 90 people, equivalent to 20,69% compared to 2020, from 290 employees in 2020, to 350 employees in 2021

As follows: - By Gender:

In general, the number of female employees is higher than that of male employees

In 2020, the number of female employees is 228 people, accounting for 78,62%, while the number of male employees is only 62 people, accounting for 21,38% By 2021, the number of male employees will decrease slightly, reducing 8 people (12,90%), down to 54 people, accounting for 15,43% of the total number of employees Meanwhile, the number of female employees increased significantly,

increasing to 68 people (29,82%), accounting for 84,57% of the total number of employees, equivalent to 296 employees

- By Age:

Most of the company's employees are between the ages of 18 and 40

In 2020, the total number of employees aged 18-25, and 25-40 years old will be 98 and 126, respectively, accounting for 33,79% and 43,45% of the total number of employees The number of employees over 40 years old accounts for only 22,76%, equivalent to 66 employees

By 2021, the number of employees over 40 years old will continue to decrease by 8 workers, equivalent to 12,12%, to 58 people, accounting for only 16,57% of the total number of employees While the number of employees aged 18-25 and 25-40 increased significantly, increased by 30,61% and 30,16% respectively (equivalent to 30 and 38 people), accounting for 36,57% and 36,57% respectively 46,86% of the company's total employees

down 4 people (equivalent to 12,50%), down to 28 people, accounting for 8,00% of the labor structure

- By Labor characteristics:

Direct labor accounts for the majority of the company's labor structure In 2020, the total number of direct employees is 228, accounting for 78,62% Meanwhile, indirect labor is only 62 people, equivalent to 21,38%

In 2021, the total number of direct employees increased significantly, with 54 people, equivalent to 23,68%, bringing the total number of direct employees of the company to 282 people, accounting for 80,57% The number of indirect employees also increased slightly with 9,68% (equivalent to 6 employees), to 68 people, accounting for 19,43% of the total number of employees

2.2.2 Labor norm

According to Circular 04/2022/TT-BKHCN stipulating economic - technical norms of public non-business services using the state budget on maintaining, preserving and using the national standard measurement system; then: Labor norms Labor is the direct and indirect labor time required to produce a product or to perform a work step or perform a particular job and labor time during product inspection and acceptance

+ Employees will work 6 days a week, 8 hours a day from Monday to Saturday The working time is from 8:00 to 17:30 everyday Employees can take a rest from 12:00 to 13:30

+ Overtime must not exceed 12 hours/week

+ Overtime salary is usually paid 1,5 times as much as on a normal day

+ Overtime on holidays is paid 3 times as much as on a normal day

- Leave of absence: Unless otherwise provided for by law, the leave of absence for an employee is defined as follows:

+ For employees who have been signed labor contracts and have worked for the Company for 12 full months (continuity), they shall be entitled to 12 days of full paid leave

+ In addition, employees with a seniority of one year or more will have an additional 2 days of paid leave

+ Leave of absence schedules apply from 1 January to 31 December each year - Maternity Leave:

+ Antenatal examination leave: If pregnant women and fetuses are normal, they are entitled to take leave for a pregnancy checkup five (5) times during pregnancy, one per day calculated per working day

If they stay away from medical facilities or pregnant or fetuses have problems, they take two days off for every antenatal examination

+ The employee shall be had day off due to his/her personal causes but still leave on full pay as follows:

Married: 03 days off

Marriage of children: 01 days off

Parents, grandparents, wife (husband), dead child: 03 days off - The holiday time and resignation:

+ Every year, employees are entitled to holidays according to the regulations of the State and are still entitled to full salary If the holiday is the same as the weekend, there will be a full day off on the next day of the week

+ In case the employee resigns, they must give at least 30 days notice so that the recruitment department can plan to find a new employee and have time to hand over the job

Picture 2.1: The board of directors gives gifts and congratulates female employees on international women's day