【Overview of Payroll Changes in Vietnam】
The payroll levels are increasing accompanied by the increasing needs of employees in many industries. For example, FMCG, IT and manufacturing are about 10~15%. Other industries are about 7%. The salaries of capable middle managers will increase averagely about 25%. For different individuals, there are different increase rates from the degree of inflation to the high level. The tendency of salaries is to increase 10~30% for different positions, occupations, industries and scales in Vietnam. For example,
① For the government offices, the basic salary is 4000 dollars one year.
② For the labors in the factories, the basic salary is 180 dollars one month.
③ For the staffs of stores, the basic salary is 130 dollars one month.
The legal minimum wages has largely increased for 12.4% in 2016 in order to fit the minimum standard of living.
【Our Payroll Services in Vietnam】
① Web details services
We provide the outsourcing services that individuals can look through the web blowers that include the contents of payroll details, bonus details and tax deduction at source. Not only they can read the information, but also it is possible to keep and print the information by PDF.
② Labor and social insurance work
We provide the services to conduct the procedures acquisition and loss of labor insurance and social insurance.
③ Payroll calculation
We provide the outsourcing services of final payment amount, payment details, management data and deposit data according to the information provided by our clients. The information includes changes of fixed salary payment, entry or retirement of companies and changes of payroll or attendance.
The merits of our payroll services
⑴ To be free from simple operations
⑵ To cut the cost of companies
⑶ To hedge the risk of low liquidity of labor
⑷ To hedge the risk of losing the information of companies
To learn more about our incorporation assistance and a range of services of payroll in Vietnam, send us a message or call us at +81-3-5369-2930.