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JOBSEEKER SALARY

REPORT IN VIETNAM
IN 2019
TABLE OF CONTENTS
Overview Page 1
Methodology Page 2
How to read this report? Page 3
The importance of salary in attracting and retaining talent Page 5
Jobseekers’ salary range by industry Page 10
Jobseekers’ salary range by top locations nationwide Page 18
OVERVIEW
WHAT IS “JOBSEEKER SALARY REPORT
IN VIETNAM IN 2019”?

Jobseeker Salary Report In Vietnam In 2019 is


VietnamWorks’ annual report about the importance of
salary and the common salary range in Vietnamese
current labor market.

This report helps employers to figure out the answer


for this question: “How does the salary you offer for your
job vacancy compare to the market salary benchmark?”

This report is conducted by VietnamWorks – the


leading online recruitment company in Vietnam. All
the statistics shown in this report are resulted from
thorough analysis of findings collected in surveys
with jobseekers in Vietnam as well as the job posts on
VietnamWorks.com. This report, thus, reflects the
online recruitment market situation in Vietnam from
VietnamWorks’ point of view.

Overview 1
METHODOLOGY
VietnamWorks’ Jobseeker Salary Report In Vietnam In 2019 is conducted
by quantitative methods based on the analysis from the answers of nearly
5500 jobseekers to our survey in January 2019. This survey was sent to
entire VietnamWorks’ database of jobseekers, regardless industries and
job levels. They are either VietnamWorks’ users or not. Personal
information of participants is non-disclosure.

There is another data resource used in this report is the salary figure from
job posts on VietnamWorks.com from 01/01/2018 to 31/12/2018. Most
of job posts were aim to recruit local labor in Vietnam. We respect
employers’ discretion, and all the data included in this report, while
comprehensive, does not reveal any specific employer’s posted salary.

All the salary data used in this report is monthly gross salary. The unit of
currency is VND.

This report do not show the C-levels’ salary because these data is not big
enough to make meaningful conclusions.

METHODOLOGY

11%

54% 49%

GENDER JOB LEVELS 49%

46% 40%

5500 JOBSEEKERS
Male Experienced level
JOINING THE SURVEY
Female Manager level and above
Entry level

Methodology 2
HOW TO READ THIS REPORT?
This survey used Popular Salary Range and Median Salary to reflect the
distribution of the salary data by job level (follow the illustration bellows).
Particularly:

Median Salary is calculated by identifying the median number(*) of the


salary figures in each job level

Popular Salary Range is limited within two points: 25% and 75%. The
point 50% is actually the median number. It means that popular salary
range shows the distribution of 50% salary data around the median
point, and reflects the current popular salary benchmark.

A to C is the Popular Salary Ranget

B is the Median Salary

The distribution range


of all the salary data in
a job level

A B C
0% 25% 50% 75% 100%

75% of jobseekers receiving salary 75% of jobseekers receiving


higher than salary in point A salary lower than salary in
(or 25% of jobseekers receiving the point C (or 25% of jobseekers
lowest salary in the market) receiving the highest salary
in the market)

(*) The median number is a statistical term representing one way of finding the
average of a set of ‘n’ data points by taking the value of the middle number of a
group of numbers arranging in ascending distribution. For example, if there are
5 jobseekers who earn respectively 10, 10, 15, 25 and 40 million VND per month,
the median number is 15 million VND (the central point).

The Median Salary is a better representative than the average salary because it
eliminates the effect of extremely high or extremely low salary data in the market.

How to read this report? 3


HOW TO READ THIS REPORT?
Example: The following is the distribution of the salary data which shows
the Popular Salary Range and the Median Salary of Experienced Staffs in
Marketing industry.

Median Salary

Point 25% Point 50% Point 75%

8 million VND 10 million VND 15 million VND

Popular Salary Range

Situation 1: If your company offers a salary under 8 million VND


(which is below the Popular Salary Range), this offer is not ideal, because
there are 75% of jobseekers with the same job level in the market earning
higher salary than your offer.

Situation 2: If your company offers a salary from 8 million to 15 million


VND (within the Popular Salary Range), this offer will be consistent with
the general benchmark in the labor market.

Situation 3: If your company offers a salary over 15 million VND


(which is above the Popular Salary Range) so this offer is highly
competitive, because there are 75% of jobseekers with the same job level
in the market earning lower salary than your offer.

How to read this report? 4


THE IMPORTANCE OF SALARY
IN ATTRACTING
AND RETAINING TALENT

The importance of salary in attracting and retaining talent 5


THE PERCENTAGE OF JOBSEEKERS USUALLY SEARCHING
FOR SALARY BEFORE MAKING APPLYING DECISION

Director and above 82.1% 17.9%

Manager 89.2% 10.8%

Experienced staff 93.4% 6.6%

Entry level 93.7% 6.3%

Usually Not usually

THE PERCENTAGE OF JOB POSTS SHOWING ADEQUATE


SALARY INFORMATION

Director and above 35.1% 64.9%

Manager 33.7% 66.3%

Experienced staff 32.6% 67.4%

Entry level 30.6% 69.4%

Yes No

Most of jobseekers in every level expect to see salary information


when looking or applying for a new job.
However, only around 1/3 of the posts show adequate salary
information. And around 2/3 of the remaining job posts probably
provide adequate information about salary in the next rounds of
the application process.

The importance of salary in attracting and retaining talent 6


THE PERCENTAGE OF JOBSEEKERS WHO CONTINUE TO
APPLY WHEN SALARY IS HIDDEN IN JOB POSTINGS

Director and above 68.6% 31.4%

Manager 70.0% 30.0%

Experienced staff 70.4% 29.6%

Entry level 70.2% 29.8%

Yes No

Although most jobseekers still apply for jobs even when they
can not find the salary information in the job posts, employers
will lost approximately 1/3 of the potential applications
because of hiding the job salary.

The importance of salary in attracting and retaining talent 7


JOBSEEKERS’ SPECIFIC RESPONSES
IN CASE THAT THEIR CURRENT
20.4% COMPANY WILL NOT RAISE THEIR
SALARY IN THE NEXT 6 MONTH
Directly asking for a raise
46.3%
Review the business situation and the salary
range of market to ask for a raise
25.5% Review the current career path opportunity to
ask for a raise

Wait for next 3 - 6 months

Work harder or find some part-time jobs

Quit and find a new job with higher salary


1.0% 3.2%
Not response
1.7% 1.9%

15.2% THE NEAREST TIME AN EMPLOYEE


RECEIVES A SALARY RAISE
32.8%
About 3 months ago
21.4% About 6 months ago
About 9 months ago
About 12 months ago
10.2% 20.3% Over 12 months ago

Salary is one of the most important factors contributing in


employers’ effort to retain talent. Particularly, if the salary does
not meet the expectation, 80% jobseekers might have some
certain responses, and even 26% of them decide to change their
jobs. However, our survey shows that nearly 50% jobseekers
have not received their salary raised in the past 6 months.

The importance of salary in attracting and retaining talent 8


SALARY IS ONE OF THE
MOST IMPORTANT
TOOLS IN ATTRACTING
AND RETAINING TALENT.
Employers can boost applications by showing
adequate salary information, because a majority of
jobseekers are interested in this type of information.
Besides, doing research and referring to the current
market salary range suitable with your employees’ ability
and working experience to make timely salary increases
also play a fundamental role in retaining talent.

The importance of salary in attracting and retaining talent 9


JOBSEEKERS’ SALARY
RANGE BY INDUSTRY

Jobseekers’ salary range by industry 10


SALES

Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 15,000,000 25,000,000 30,000,000

Leader / Supervisor 10,000,000 14,000,000 19,000,000

Experienced staff 6,000,000 8,000,000 13,000,000

Entry level 4,000,000 5,000,000 7,000,000

INFORMATION TECHNOLOGY
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 20,000,000 30,000,000 45,000,000

Leader / Supervisor 15,000,000 20,000,000 27,500,000

Experienced staff 9,500,000 15,600,000 20,000,000

Entry level 6,000,000 7,500,000 9,000,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by industry 11


ADMINISTRATIVE/CLERICAL
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 12,000,000 15,000,000 20,000,000

Leader / Supervisor 11,000,000 14,000,000 16,500,000

Experienced staff 7,000,000 8,000,000 12,000,000

Entry level 5,000,000 6,500,000 7,800,000

ACCOUNTING

Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 15,000,000 20,000,000 28,000,000

Leader / Supervisor 12,000,000 15,000,000 20,000,000

Experienced staff 7,000,000 8,500,000 10,000,000

Entry level 5,000,000 6,000,000 7,000,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by industry 12


FINANCE/INVESTMENT
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 25,000,000 35,000,000 70,000,000

Leader / Supervisor 12,500,000 16,000,000 24,500,000

Experienced staff 7,175,000 11,250,000 15,750,000

Entry level 5,000,000 6,000,000 8,000,000

BANKING
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 18,000,000 30,000,000 50,000,000

Leader / Supervisor 15,800,000 19,000,000 24,000,000

Experienced staff 8,000,000 10,000,000 13,000,000

Entry level 5,000,000 6,500,000 7,750,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by industry 13


MARKETING
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 20,500,000 27,000,000 34,500,000

Leader / Supervisor 12,050,000 16,000,000 19,500,000

Experienced staff 8,000,000 10,000,000 15,000,000

Entry level 5,000,000 5,750,000 8,000,000

CUSTOMER SERVICE

Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 14,750,000 20,000,000 27,500,000

Leader / Supervisor 8,000,000 9,800,000 15,500,000

Experienced staff 6,000,000 8,000,000 12,000,000

Entry level 5,000,000 7,000,000 7,500,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by industry 14


HUMAN RESOURCE

Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 18,000,000 25,000,000 34,750,000

Leader / Supervisor 11,500,000 16,000,000 20,000,000

Experienced staff 7,000,000 8,833,700 11,000,000

Entry level 6,000,000 7,000,000 7,500,000

EDUCATION/TRAINING
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 11,000,000 20,000,000 34,000,000

Leader / Supervisor 10,500,000 13,000,000 15,000,000

Experienced staff 6,000,000 8,000,000 12,000,000

Entry level 4,500,000 6,000,000 8,000,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by industry 15


CIVIL/CONSTRUCTION
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 18,000,000 25,000,000 35,000,000

Leader / Supervisor 15,000,000 18,000,000 23,000,000

Experienced staff 10,000,000 12,000,000 15,000,000

Entry level 5,750,000 7,500,000 10,000,000

PRODUCTION/PROCESS

Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 15,250,000 22,000,000 30,000,000

Leader / Supervisor 9,375,000 15,000,000 18,981,250

Experienced staff 7,000,000 10,000,000 14,000,000

Entry level 5,095,000 6,750,000 7,900,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by industry 16


ELECTRICAL/ELECTRONICS

Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 15,000,000 20,500,000 30,000,000

Leader / Supervisor 11,500,000 16,000,000 22,150,000

Experienced staff 8,000,000 9,000,000 13,625,000

Entry level 5,700,000 6,900,000 8,525,000

MECHANICAL
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 15,000,000 20,000,000 25,000,000

Leader / Supervisor 10,000,000 12,000,000 16,500,000

Experienced staff 7,000,000 9,000,000 12,000,000

Entry level 6,000,000 7,000,000 8,000,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by industry 17


JOBSEEKERS’ SALARY
RANGE BY LOCATIONS NATIONWIDE

Jobseekers’ salary range by top locations nationwide 18


HA NOI

Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 16,000,000 22,000,000 30,000,000

Leader / Supervisor 12,000,000 16,000,000 21,000,000

Experienced staff 7,000,000 10,000,000 14,100,000

Entry level 4,500,000 6,000,000 7,500,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by top locations nationwide 19


HO CHI MINH CITY
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 18,000,000 25,000,000 36,500,000

Leader / Supervisor 12,000,000 15,750,000 24,000,000

Experienced staff 8,000,000 10,000,000 15,000,000

Entry level 5,500,000 7,000,000 8,000,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by top locations nationwide 20


DA NANG
Popular Salary Range

Job Level
Median Salary
Point 25% Point 75%
(point 50%)

Manager 13,250,000 19,000,000 25,000,000

Leader / Supervisor 6,875,000 10,000,000 15,200,000

Experienced staff 6,000,000 7,000,000 9,375,000

Entry level 4,000,000 5,000,000 9,250,000

(View the definition of the Popular Salary Range and the Median Salary in page 3 – 4)

Jobseekers’ salary range by top locations nationwide 21


VIETNAMWORKS
With over 6.8 million monthly visits, VietnamWorks is the leading and longest
running job website in Vietnam. Every year, 5.5 million job applications are
delivered to more than 126 thousand job openings on VietnamWorks.com. Since
it was founded in 2002, VietnamWorks has continuously brought fresh jobs to
3.8 million registered professionals and always pioneered in providing the best
recruitment solutions to more than 16,000 companies, most of which are
multinational corporations and top companies in Vietnam. 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 researches and insights


from VietnamWorks, subscribe our HR Insider page at:
hrinsider.vietnamworks.com.

To get consulted by our VietnamWorks staff on your


recruitment campaign, please contact us via our hotline
(028) 3925 8456 (Ho Chi Minh City),
(024) 3944 0568 (HaNoi)
và (023) 6351 9119 (Da Nang)
or via our email:
marketing@vietnamworks.com

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