Báo cáo lương thưởng và hành vi người tìm việc toàn năm 2016

SALARY & BONUS INSIGHTS REPORT FULL-YEAR 2016 A report on posted salaries, year-end bonus and jobseekers’ behaviors WHAT’S INSIDE Methodology Overview Part 1: Salary by Job Level Part 2: Salary by Job Category Part 3: Salary by Location Part 4: Year-end bonus analysis Paul Espinas Marketing Director at VietnamWorks This year (2016) shows interesting trends with some jobseekers opting for jobs with salaries lower than expectation, while others benefiting from higher-paying salary jobs in certain industries These findings are extracted from our newest report - SALARY & BONUS INSIGHTS REPORT FULL YEAR 2016 With the help of nearly 350 HR experts and more than 3800 jobseekers participating in two comprehensive surveys, we hope the report will give you an insightful picture about the current salary and bonus packages in Vietnam METHODOLOGY HR Insider’s Salary & Bonus Insights Report Full-Year 2016 presents an analysis of the salary data specified in each job posting on VietnamWorks.com from January 01, 2016 to December 31, 2016 Most of the jobs are for the Vietnam Market Each employer advertising their job offers on VietnamWorks.com was asked to fill in fields, minimum salary and maximum salary they would like to offer for each of their job vacancies These fields are the basis of the salary data we’ve compiled in this report Salary range is based on maximum salary field If the jobs had no maximum salary, minimum salary will be filed in There are pre-defined salary ranges: less than $250, $251-$500, $501-$700, $701-$1000, $1001-$2000, $2001-$3000, and more than $3000 For example, a job posted with minimum salary of $260 and max salary of $1000 will be listed under predefined salary range of $701-$1000 A job posted with minimum salary of $260 without maximum salary will be listed in the range of $251-$500 Employers were given a choice whether to show their salaries to jobseekers or not on VietnamWorks com We respect employers’ discretion, and all the data included in this report, while comprehensive, does not reveal any specific employer’s posted salary There are many factors determining a jobseeker’s decision to view and apply to a job Salary is one, but not all of them The purpose of this report is to state facts based on real data of salary, views, and applications per job post, not to draw a comprehensive conclusion on the impact of salary on jobseekers’ behaviors All salary data used in this report is monthly salary Exchange rate: 22,615 VND/USD Two surveys were also conducted in February 2017 to gain in-depth information about jobseekers’ and employers’ insights related to their 2016 year-end bonuses Particularly, - Employer survey received nearly 350 responses from HR experts across Vietnam - Jobseeker survey received more than 3800 responses from jobseekers working in different industries In this analysis, “median number” was used alongside with the “average number” Statistically, “median number” is the middle number of a set of orderly-arranged numbers These two numbers best depict the general bonuses that jobseekers received in 2016 OVERVIEW OF SALARY RANGE DIVISION - FY 2016 36% of all jobs posted on VietnamWorks.com in 2016 offer a salary range of $251 - $500, or 5,676,365 VND - 11,307,500 VND 3% 4% 4% 17% 36% 29% 7% $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 PART SALARY BY JOB LEVEL SALARY - NEW GRADUATES / ENTRY LEVEL BEHAVIORS - NEW GRADUATES / ENTRY LEVEL Views per job post Applications per job post 5% 16% 19% 51% of all jobs for new graduates pay a monthly amount between $251-$500 9% 51% $0-$250 $0-$250 $701-$1,000 $251-500$ >$1,000 $501-$700 $251-$500 $501-$700 $701-$1000 $1,001-$2000 $0-$250 $251-$500 $501-$700 $701-$1000 Most graduates view jobs with salary range $701 - $1000, while they apply aggressively for jobs that pay $251 - $500 per month * Omitted data of salary ranges above $2000 due to small sample size $1,001-$2000 SALARY - EXPERIENCED (NON-MANAGER) BEHAVIORS - EXPERIENCED (NON-MANAGER) Views per job post Applications per job post 1% 1% 5% 12% 41% of all jobs for experienced (nonmanager) pay a monthly amount between $251-$500 41% 31% 9% $0-$250 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $251-$500 $501-$700 $701-$1000 $1,001-$2000 $0-$250 $251-$500 $501-$700 Most experienced (non-manager) jobseekers look at and apply the most to jobs that pay $501-$700 per month * Omitted data of salary ranges above $2000 due to small sample size $701-$1000 $1,001-$2000 BEHAVIORS - MANAGER SALARY - MANAGER Views per job post Applications per job post 4% 10% 35% of all jobs for Managers pay a monthly amount between $1001$2000 21% 5% 35% 25% $251-$500 $251-500$ $1,001-$2,000 $501-$700 $2,001-$3,000 $701-$1000 >$3,000 $501-$700 $701-$1000 $1,001-$2000 $2,001-$3000 $251-$500 $501-$700 $701-$1000 Most Managers view jobs that pay $501-$700 per month, but apply to jobs that pay $1001-$2000 per month * Omitted data of salary ranges below $250 above $3000 due to small sample size $1,001-$2000 $2,001-$3,000 SALARY - DIRECTORS/CEOS BEHAVIORS - DIRECTORS/CEOS Views per job post Applications per job post 10% 36% of all jobs for Directors/CEOs pay a monthly amount above $3000 17% 36% 27% 10% $701-$1000 $251-500$ $2,001-$3,000 $701-$1000 >$3,000 $1,001-$2,000 $1,001-$2000 $2,001-$3000 >$3000 $701-$1000 $1,001-$2000 $2,001-$3000 Most Directors/CEOs view jobs that pay $701-$1000 per month, but apply to jobs that pay $2001-$3000 per month * Omitted data of salary ranges below $700 due to small sample size >$3000 10 JOB CATEGORIES MENTIONED: PART SALARY BY JOB CATEGORIES IT/SOFTWARE ADMINISTRATIVE/CLERICAL ACCOUNTING PRODUCTION/PROCESS ADVERTISING/PROMOTION/PR ARCHITECTURE/INTERIOR DESIGN MARKETING CIVIL/CONSTRUCTION CUSTOMER SERVICE 10 SALES BEHAVIORS - IT/SOFTWARE SALARY - IT/SOFTWARE Applications per job post 6% 2% 2% 20% Experienced (non-manager) $701-$1000 and $1001-$2000 are the most popular salary ranges for IT/Software jobs Manager 5% 32% 33% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 $2,001-$3,000 In IT category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, while most managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size BEHAVIORS - PRODUCTION/PROCESS SALARY - PRODUCTION/PROCESS Applications per job post 3% 2% 5% 15% Experienced (non-manager) $251-$500 is the most popular salary range for Production/Process jobs Manager 40% 27% 9% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 In Production/Process category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, while most managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size BEHAVIORS - CUSTOMER SERVICE SALARY - CUSTOMER SERVICE Applications per job post 2% 2% 5% 12% Experienced (non-manager) $251-$500 is the most popular salary range for Customer Service jobs Manager 41% 30% 8% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 In Customer Service category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, $1001-$2000, while most managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size BEHAVIORS - ADVERTISING/PROMOTION/PR SALARY - ADVERTISING/PROMOTION/PR Applications per job post 3% 2% 4% 14% Experienced (non-manager) $251-$500 is the most popular salary range for Advertising/ Promotion/PR jobs Manager 40% 29% 8% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 In Advertising/Promotion/PR category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$1000 and $701-$1000, while most managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size SALARY - ARCHITECTURE/INTERIOR DESIGN BEHAVIORS - ARCHITECTURE/INTERIOR DESIGN Applications per job post 2% 2% 3% 12% Experienced (non-manager) $251-$500 is the most popular salary range for Architecture/ Interior Design jobs Manager 40% 33% 8% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 In Architecture/Interior Design category, most experienced (non-manager) jobseekers and managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size SALARY - MARKETING BEHAVIORS - MARKETING Applications per job post 4% 3% 5% 14% Experienced (non-manager) $251-$500 is the most popular salary range for Marketing jobs Manager 38% 29% 7% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 In Marketing category, most experienced (non-manager) jobseekers and managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size SALARY - CIVIL/CONSTRUCTION BEHAVIORS - CIVIL/CONSTRUCTION Applications per job post 3% 4% 3% 15% $251-$500 and $701-$1000 are the most popular salary ranges for Civil/Construction jobs Experienced (non-manager) Manager 34% 34% 7% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 In Civil/Construction category, most experienced (non-manager) jobseekers and managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size BEHAVIORS - SALES SALARY - SALES Applications per job post 3% 2% 5% 16% Experienced (non-manager) $251-$500 is the most popular salary range for Sales jobs Manager 34% 31% 9% $251-$500 $0-$250 $1,001-$2,000 $251-500$ $2,001-$3,000 $501-$700 >$3,000 $701-$1000 $501-$700 $701-$1000 $1,001-$2000 In Sales category, most experienced (non-manager) jobseekers apply to jobs that pay $501-$700, while most managers apply to jobs that pay $1001-$2000 * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size BEHAVIORS VS AVERAGE SALARY - HANOI $1,001-$2000 $701-$1000 PART SALARY BY LOCATION Average Minimum Posted Salary Average Maximum Posted Salary $675 $1066 $501-$700 $251-$500 $0-$251 10 Experienced jobs 20 30 40 50 Manager jobs * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size In Hanoi, the average salary range is $675 - $1066 $501-$700 jobs in Experienced level, and $1001-$2000 jobs in Manager level attract the most applications per job in their respective job levels 60 BEHAVIORS VS AVERAGE SALARY - BINH DUONG BEHAVIORS VS AVERAGE SALARY - HO CHI MINH CITY $1,001-$2000 $1,001-$2000 $701-$1000 $701-$1000 Average Minimum Posted Salary Average Maximum Posted Salary $666 $1086 $501-$700 $251-$500 Average Minimum Posted Salary Average Maximum Posted Salary $600 $944 $501-$700 $251-$500 $0-$251 20 Experienced jobs 40 60 Manager jobs 80 38 40 Experienced jobs 42 44 Manager jobs * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size In Ho Chi Minh City, the average salary range is $666 - $1086 $501-$700 jobs in Experienced level, and $1001-$2000 jobs in Manager level attract the most applications per job in their respective job levels In Binh Duong, the average salary range is $600 - $994 $251-$500 and $701-$1000 jobs in Experienced level, and $701-$1000 jobs in Manager level attract the most applications per job in their respective job levels 46 BEHAVIORS VS AVERAGE SALARY - DA NANG BEHAVIORS VS AVERAGE SALARY - BAC NINH $1,001-$2000 $1,001-$2000 Average Minimum Posted Salary Average Maximum Posted Salary $651 $1097 $701-$1000 Average Minimum Posted Salary Average Maximum Posted Salary $579 $965 $701-$1000 $251-$500 $251-$500 20 Experienced jobs 40 60 Manager jobs 80 10 Experienced jobs 20 30 40 50 Manager jobs * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size * Some job levels and salary ranges are omitted (not included in the chart or showing zero application) due to small sample size In Da Nang, the average salary range is $651 - $1097 $701-1000 jobs in Experienced level, and $1001-$2000 jobs in Manager level attract the most applications per job in their respective job levels In Bac Ninh, the average salary range is $579-$965 $251-$500 and $701-$1,000 jobs in Experienced level, and $701-$1000 jobs in Manager level attract the most applications per job in their respective job levels MOST JOBSEEKERS ALREADY RECEIVED THEIR YEAR-END BONUSES BY 13/02/2017 3.96% 15.57% PART YEAR-END BONUS ANALYSIS 84.43% Yes Yes No No 96.04% 84.43% jobseekers said they received their year-end bonuses for 2016 More than 96% jobseekers said they received their bonuses before lunar new year COMMON TYPES OF BONUSES BONUS ALLOCATION 70% 61.06% 60% Most companies offer 1-month salary bonuses to their employees More than 2/5 companies offer bonuses based on job performance Many companies offer a combination of bonuses 50% 43.36% 40% 30% 20% 14.75% 10% 14.75% 7.96% 0% 1-month salary bonus 2-month salary bonus 3-or-moremonth salary bonus Bonus based on job performance Others 0.59% 2.95% 3.83% Bonus for all employees 92.63% of companies offer bonuses to all of their employees Bonus only for excellent emploees 92.63% Bonus only for management level Others COMMON AND AVERAGE AMOUNT OF BONUSES IN DIFFERENT CAREER LEVELS BUDGET FOR BONUS IN 2016 In overall, budget for bonus among surveyed companies has increased compared to last year 35% 30% 28.61% 25.94% 25% 22.12% 20% 15% 13.57% 10% 5.64% 5% 1.47% 2.65% Decrease 10% to less than 20% Decrease less than 10% 0% Decrease 20% or more Remain unchanged Increase less than 10% Increase 10% to less than 20% Increase 20% or more Career Level Median (VND) Average (VND) Entry Level million 6.5 million 2-year experienced (non-manager) 10 million 14.5 million Team leader / Supervisor 15 million 22.3 million Manager 23 million 32.8 million Director 50 million 53.4 million COMMON AND AVERAGE AMOUNT OF BONUSES IN DIFFERENT JOB CATEGORIES IT/Software Administration / Clerical Accounting Median amount of bonuses Median amount of bonuses Median amount of bonuses 15 million VND Average amount of bonuses 21 million VND million VND Average amount of bonuses 14 million VND Production Salary Salary From 10 to From 20 to below 20 below 40 million VND million VND Median: million VND Median: 15 million VND Median: 35 million VND Average: 9.1 million VND Average: 20.4 million VND Average: 41.1 million VND < 10 million VND Average amount of bonuses 18 million VND Customer Service Median amount of bonuses Average amount of bonuses Average amount of bonuses 20 million VND Salary 10 million VND Median amount of bonuses 15 million VND COMMON AND AVERAGE AMOUNT OF BONUSES IN DIFFERENT SALARY RANGES 10 million VND Bonus amount 19 million VND * The data of salary above 40 million VND is omitted due to small sample size JOBSEEKERS’ SATISFACTION RATE WITH THEIR YEAR-END BONUS 69% satisfied with their year-end bonus 31% unsatisfied with their year-end bonus - Meet my expectation - Relevant with my work effort - Relevant with my salary range - Not worth my effort - Not relevant with my workload ABOUT VIETNAMWORKS With over 5.5 million monthly visits, VietnamWorks is the leading and longest running job website in Vietnam Every year, 4.7 million job applications are delivered to more than 95 thousand job openings on VietnamWorks.com Since it was founded in 2002, VietnamWorks has continuously brought fresh jobs to million registered professionals and provided recruitment solutions to more than 13,000 companies VietnamWorks’ large database of experienced jobseekers and reliable employers is an invaluable asset in Vietnam’s competitive recruitment market To stay up to date on the latest research and insights from VietnamWorks, subscribe to our HR Insider page at: hrinsider.vietnamworks.com To get consulted by our VietnamWorks staff on your recruitment campaign, please call our hotline at (08) 3925 8456 (Ho Chi Minh City) or (04) 3944 0568 (Hanoi) or email us at marketing@vietnamworks.com ... the general bonuses that jobseekers received in 2016 OVERVIEW OF SALARY RANGE DIVISION - FY 2016 36% of all jobs posted on VietnamWorks.com in 2016 offer a salary range of $251 - $500, or 5,676,365... in Vietnam METHODOLOGY HR Insider’s Salary & Bonus Insights Report Full-Year 2016 presents an analysis of the salary data specified in each job posting on VietnamWorks.com from January 01, 2016. .. size BEHAVIORS - CUSTOMER SERVICE SALARY - CUSTOMER SERVICE Applications per job post 2% 2% 5% 12% Experienced (non-manager) $251-$500 is the most popular salary range for Customer Service jobs