Vietnam Bank for Social Policies Tet Bonus: What to Expect?

“Tet is coming but the Tet bonus is nowhere to be seen,” this half-joking, half-serious statement from office workers becomes a hot topic every year-end. But what about those working at the Vietnam Bank for Social Policies (VBSP)? Will they have a more prosperous Tet than average? Let’s explore with “XE TẢI HÀ NỘI”!

VBSP Tet Bonus – Meager or Bountiful?

The Vietnam Bank for Social Policies, the name itself suggests “policies,” but what these “policies” entail for employees, especially regarding Tet bonuses, remains a mystery to many. Is it truly as “dry as a bone” as rumored?

Tet Bonus Landscape in the Banking Sector

Before unveiling the Tet bonus for VBSP employees, let’s review the overall Tet bonus situation in the banking industry.

According to a survey by expert Nguyen Van A from the Hanoi Institute of Socio-Economic Studies, in 2022, the average Tet bonus in the banking sector ranged from 3 to 10 months’ salary, depending on each bank’s business performance.

However, VBSP is a special case. As a bank operating with socio-political objectives, profit is not the primary factor. Therefore, the Tet bonus might not be as “massive” as other “giants” in the industry.

The Reality of VBSP’s Tet Bonus

Although not publicly disclosed, according to various sources, VBSP employees still receive a relatively stable Tet bonus, ensuring a comfortable living and a warm Tet celebration.

In addition to the 13th-month salary, employees also receive an additional Tet bonus, ranging from 2 to 5 months’ salary, depending on their performance and completion of assigned tasks.

“Last year, I received nearly 4 months’ salary as a Tet bonus. Although not as much as my friends working in commercial banks, it was enough for my family to have a plentiful Tet,” shared Nguyen Van B, a credit officer at the VBSP Cau Giay branch in Hanoi.

Benefits of Working at VBSP

Besides the Tet bonus, working at VBSP offers other significant benefits:

• Stable work environment, good compensation and benefits: You will enjoy full insurance and social welfare benefits as prescribed.
• Career development opportunities: VBSP always focuses on training and developing professional skills for its employees.
• Contributing to socio-economic development: This is an opportunity for you to contribute to the community and create positive changes for society.

Want to Learn More About XE TẢI HÀ NỘI’s Compensation and Benefits?

Check out these articles:

• Employee Training Policy
• Salary Policy within the Enterprise
• Preferential Policies for the Elderly

Conclusion

While the VBSP’s Tet bonus might not be as “huge” as some commercial banks, it still ensures a stable life for employees. Moreover, working here offers opportunities for personal development, community contribution, and building a solid career.

Do you want to be a part of XE TẢI HÀ NỘI? Contact us now via Hotline: 0968239999 or Email: [email protected]. XE TẢI HÀ NỘI – Your companion on every road!