Tet bonus of the employer

The bonus regulations are decided by the employer and publicly announced at the workplace after consulting with the employee representative organization at the workplace where there is an employee representative organization at the workplace.

It can be seen that if the business is doing well, it can reward its employees with large amounts of money. If the business situation is not good, the business can reward employees with little or even no money.

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Enterprises giving high Tet bonuses have the effect of encouraging employees to strive and be creative in production and business activities. Illustration photo: Hoang Ha

According to statistics compiled by the Ministry of Labor, War Invalids and Social Affairs, there are more than 47,000 enterprises nationwide employing nearly 5 million workers with reports on 2023 salaries and 2024 Tet bonus plans (accounting for more than 17% of formal sector workers).

For the Lunar New Year 2025, on average, businesses will give employees a bonus of nearly 7 million VND/person, equivalent to the bonus in 2024.

The highest bonus for Lunar New Year this year is more than 5.6 billion VND/person, belonging to a foreign-invested enterprise in Long An. The highest Tet bonus in localities ranges from 200 - 400 million VND/person.

Overtime pay

According to the provisions of the Labor Code, enterprises can proactively ask employees to work on Lunar New Year due to work needs. This case will be considered overtime.

Article 107 of the 2019 Labor Code stipulates that employees are only required to work on Lunar New Year holidays if they agree. When agreeing to work, employees will be paid overtime according to the provisions of Article 98 of the 2019 Labor Code.

Specifically, working during the day of Lunar New Year is calculated at an additional 300% of the salary of a normal working day. In addition, working at night on Lunar New Year is calculated at an additional 390% of the salary of a normal working day.

Taking care of Tet At Ty 2025 for millions of workers

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Workers and their families board the train to return home for Tet. Photo: Vu Diep

In order to better care for the material and spiritual life of union members and workers, the Presidium of the Vietnam General Confederation of Labor has issued a Plan to organize activities to care for union members and workers on the occasion of the Lunar New Year 2025.

Accordingly, the theme of the program "Caring for Tet At Ty 2025" for all union members and workers nationwide is "Tet Sum Vay - Spring of gratitude to the Party", with the motto "All union members and workers have a happy, meaningful, warm and cozy Tet".

At this time, trade unions at many localities have consulted with units and enterprises to develop plans on salaries and bonuses and organize practical care and support activities so that union members and workers can celebrate the Lunar New Year 2025 warmly and joyfully.

It is expected that over 700 union members and laborers of the Hanoi Transport sector will receive Tet gifts; about 18,000 union members in the South Central region will receive Tet gifts from 500,000 to 1 million VND.

In Hai Phong, there will be more than 300 Tet booths serving union members and workers. In Hanoi, the Labor Federation ensures that 100% of union members and workers will have a warm and happy Tet.

Cong Duy