Mr. Pham Xuan Hong, Chairman of the Ho Chi Minh City Embroidery and Sewing Association, stated that most businesses have received orders through Q3 and signed contracts for Q4. Specifically, in July, the city’s textile and garment industry witnessed a more than 20% increase in orders.
Businesses are enhancing employee benefits (Photo provided by the company)
However, it is currently challenging to recruit additional labor to meet the rising orders, as many workers returned to their hometowns or switched to other jobs post-pandemic. To address this issue, enterprises are implementing various supportive policies to retain existing employees and attract new talent.
Companies are recruiting more employees due to increased orders (Photo provided by the company)
Mr. Hong further emphasized that improving labor stability and attracting new talent requires enhancing employees’ income and offering better salary policies. For instance, enterprises can provide additional support for overtime work, monthly bonuses, and other expense allowances. Businesses aim to avoid overtime work while ensuring employees’ income and encouraging higher productivity.
Attracting talented individuals is challenging, but retaining them is even more difficult.
Not only is it about salary and benefits, but employees nowadays also have increasing desires for their working environment. Among them, what used to be considered as “additional perks” such as comprehensive healthcare programs, learning and development opportunities, and an environment to explore new things… are now being prioritized.
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Strong Increase in Export Since the Beginning of the Year
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employment stability
Businesses are increasingly paying more attention to the work environment, income, and benefits in order to retain employees, thereby reducing the number of job hoppers after the Lunar New Year…
