IT ranked 3rd in 10 out of the industry with the highest salary in Vietnam

According to data compiled by a leading global recruitment company, personnel working in the Information Technology (IT) field receive an average salary of VND 18,865,691 and rank third in the top 10 industries with the highest level. Highest salary. However, also in this newly published study of this job network, the majority of Vietnamese workers are not satisfied with their income.
Studies on the labor market in Vietnam show that the IT industry has the 3rd highest average income after Health and the Secretary / Assistant / Executive and in the group of 18 to under 25 million VND / month. .

However, according to some IT experts, this figure probably reflects the income level in HCMC. Ho Chi Minh, or the survey team is a foreign business sector in Vietnam, joint ventures.

This salary report is aggregated based on the actual salary of other surveys to better understand the candidates and employees to see how much their income is and have enough to spend on good life. is not? "However, we have also conducted other surveys to better understand the candidates and employees to see how much their income is and have enough to spend on life." he said.

Still low compared to other countries in the region

Specifically, 10 industries with the highest salary at the position of employees are Health (24,034,483 VND), Secretary / Assistant / Executive (VND 18,967,742), IT (VND 18,865,691), Hotel Management and Tourism Services calendar (18,750,000 VND), Trainee (18,375,000 VND), Engineer (17,928,571 VND), Business / Sales (17,786,082 VND), Reporter / Editor (17,317,308 VND), Real Estate (17,250,000 VND) ) and Marketing / Business Development (17,250,000 VND)
However, according to this job network, the salary for Vietnamese personnel is still quite low compared to Singapore and Malaysia

Typically, a Chief Financial Officer in Vietnam only has a salary equal to 40% of the salary of comparable position personnel in Singapore. Specifically, this position in Vietnam will have a salary of 2,002 USD – 2,877 USD, while in Singapore, the salary for the Senior Management personnel in Finance / Banking industry will reach the salary from 4.992 USD – 7.064 USD , and Malaysia at $ 2.326 – $ 3.780.

Similarly, for Human Resources, a senior management position in Vietnam also has a much lower salary than other Southeast Asian countries, at only $ 1,310 – $ 1,845, about four times lower. compared with Singapore's salary from USD 5,102 – USD 8,241. The monthly salary in this position of Malaysia is lower than Singapore but still marginally better than Vietnam, at 2.326 USD – 4.434 USD.

In the position of Senior Manager in Manufacturing, Singapore still achieved the highest salary from USD 3,532 – USD 6,004, Malaysia ranked second at USD 2,326 – USD 4,361. The last stand is still Vietnam with a salary ranging from US $ 1,172 – 1,744 USD.

Experts say that the reason for the low labor wage in Vietnam is that Vietnamese labor productivity is not high, because according to the ILO's report, only one fifth of the labor force in Vietnam is trained. specialize.

Besides, the current generation of Vietnamese workers is the first generation of "office workers", they themselves lack experience in the workplace environment and intellectual labor.

Moreover, the labor market in Vietnam is still not transparent, especially in terms of wages, so domestic workers still face many difficulties when negotiating wages, or proposing salary increases to employers.

This leads to the Vietnamese market not yet having a "standard" of salary for each industry, so employers and workers still cannot agree on salary.

"Blind" salary when posting jobs

According to research results from the above Salary Report, 60% of workers do not know the salary information before applying, making them difficult to negotiate salary with employers.

At the same time, 54% of respondents said that they received lower salary than the market, and that 80% of domestic personnel were not satisfied with the salary.

According to human resources experts, the salary of Vietnamese workers is not high when 31% of employees have an income of 3-5 million VND, while 36% have to spend 2-4 million VND / month. . Therefore, 68% of Vietnamese workers believe that "income is not enough to spend" and live "quite struggling at the end of each month".

Therefore, when asked in the survey, 94% of personnel in Vietnam want to know about salary information before applying.

In contrast to employers, there are still reasons why they do not want to share salary information when posting job ads because "uncompetitive wages, difficult to attract candidates" or concern " reveal salary information for internal employees ”.

This has led many candidates, especially new graduates and less experienced employees, to negotiate wages with employers, as well as difficult to achieve jobs with desired salaries.

On the other hand, some employers believe that sharing salary information with candidates before the interview will help bring certain benefits such as saving time and effort to negotiate between the two parties, as well as making it easier for them to attract candidates in the company-specified budget.

This is considered a major turning point in the process of "transparency" of the recruitment market in Vietnam.

Jobstreet.com source and data

ITZone via codeviet.org