Labor - Employment

The highest Lunar New Year bonus in 2024 is over 5.6 billion VND

According to Tin Tuc Newspaper December 29, 2023 17:13

The Ministry of Labor, War Invalids and Social Affairs has just announced the Lunar New Year bonus level in 2024.

Chú thích ảnh
Workers in the textile industry

According to the summary report of 62/63 provinces and cities (excluding Quang Tri province) with 47,374 enterprises, corresponding to 4.79 million workers (accounting for 17.36% of the total number of salaried workers nationwide), the salary and bonus situation for Lunar New Year 2024 recorded an average bonus of 6.85 million VND/person and the highest level was more than 5.6 billion VND.

Specifically, regarding 2023 salary: Average estimated at 8.49 million VND/month, up 3% compared to 2022 (8.25 million VND/month).

The highest salary in 2023 is 834 million VND/month for a senior management position at an FDI enterprise in Dong Nai.

Regarding the 2024 Tet bonus, the 2024 New Year bonus: about 56.21% of enterprises (out of a total of 47,374 reporting enterprises) plan to give a 2024 New Year bonus with an average bonus of VND 1.85 million/person, an increase of 49% compared to the 2023 New Year bonus (VND 1.24 million/person).

The highest New Year's bonus in 2024 is VND 376.3 million/person, belonging to a senior management position at a foreign-invested enterprise in Vinh Phuc province.

Lunar New Year Bonus (Lunar Year of the Dragon): About 61.37% of enterprises (out of a total of 47,374 reporting enterprises) plan to give Lunar New Year bonuses for the year of the Dragon in 2024, with an average bonus of VND 6.85 million/person, equivalent to the Lunar New Year bonus for the year of the Cat in 2023.

The highest Lunar New Year bonus in 2024 is 5.68 billion VND/person, belonging to a senior management position at an FDI enterprise in Long An province.

According to Tin Tuc Newspaper
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The highest Lunar New Year bonus in 2024 is over 5.6 billion VND