Labor - Employment

Industry income in 2024

TH (according to VnExpress) January 11, 2025 17:45

IT - software industry managers lead in income with a median salary of 52 million VND, while banking and finance sectors have a median salary of 39 million VND.

thu-nhap-nam-2024-1.jpg

Recruitment platform TopCV synthesizes common salaries by industry group and level in 2024, based on the results of a survey of 3,000 businesses, workers and nearly 300,000 job postings. This is the median - the value in the middle of the salary table of businesses after being arranged from low to high.

Although the human resource fever has passed and recruitment demand last year decreased slightly compared to 2023, IT - software salaries still lead all fields, with growth at the management level and a decrease for new employees. Department heads and managers receive a high median salary of 52 million VND, far exceeding the remaining industries; team leaders or people with 4-6 years of experience receive a salary of over 35 million VND, people with 1-3 years of experience receive 20 million VND.

The financial sector follows with a fairly good salary, the low median is 8 million VND, the high is 16 million VND for employees with 1-3 years of experience; team leaders 16-29 million VND and managers 22-39 million. The banking sector has a similar income for the same level, employees with 1-3 years of experience have a low median of 9 million VND, the high is 15 million VND; department heads and managers range from 20-39 million VND.

Real estate, after a period of being affected by the market downturn, has stabilized again with the median salary for employees with less than one year of experience reaching a low of 5.6 and a high of 10.5 million VND; the group with more than three years of experience reached a high median of 17 million and management 32.5 million VND. This is a special field that recruits all year round due to the long sales cycle and high competition, and it is forecasted that this year the demand for human resources will increase.

The remaining industries with equivalent income are services, tourism, hotels and restaurants; manufacturing and logistics - transportation with the highest level for employees with less than one year of experience of 6-8 million VND; management positions fluctuate from 26-28 million VND.

thu-nhap-nam-2024.jpg
Bank staff in Ho Chi Minh City during work shift

Changing jobs does not mean increasing income is the general picture of the labor market in 2024. Only 9% of IT - software and over 10% of non-IT groups changing jobs are likely to increase income, but only at a rate of 3-5%. This trend shows that changing jobs does not mean increasing salary as before. Many workers are even willing to reduce their salary when changing jobs because of the abundant supply of candidates, great competition for ideal positions and job opportunities in some fields are saturated. Therefore, workers need to consider increasing income if they intend to change jobs this year.

TopCV assessed that some industries will still be "thirsty" for human resources in 2025, led by the Business, Sales, then IT - Software; Marketing, Customer Service and Human Resources. In the context of economic fluctuations, employees will still prioritize applying to large, reputable companies. Therefore, businesses should invest in internal training and development programs to promote human resources capacity.

TH (according to VnExpress)
(0) Comments
Latest News
Industry income in 2024