I think Tet is the most important event of the year in Viet Nam, so Tet bonuses should also be considered an important issue for enterprises. I have already made a final decision on the size of the Tet bonus this year and explained to all employees, as I'm the human resources manager in our company, that it's not important how much they receive. However, it is a reward for their effort. They all understand that.
In our company, at least a one-month bonus is guaranteed and individual assessment is considered on top of that. The average bonus is 1.3 to 1.4 times the monthly salary. I have refused to pay an additional individual assessment this Tet because business has not improved as we expected.
The gap between the highest and lowest bonuses is incredible and quite unfair, I think. It's difficult to keep employees motivated, especially as foreign enterprises pay higher bonus levels. They should consider the effect this has on other enterprises.
The Tet bonus doesn't affect my performance. However, I think the bonus should be as high as possible to keep employees motivated.
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