Rewards Archives | Page 4 of 8

How to Create a Fair Salary Structure

Pay inequity damages organizational reputation and leads to costly legal consequences. Without a structured compensation framework, businesses face increased risks of employee dissatisfaction, turnover, and...

Rewards Apr 29, 2025

Standard Employee Benefits Required By Law A Company Must Legally Provide

As Vietnam's business landscape expands, companies must understand and implement legal employee benefits mandated by the Labor Code of 2019. These requirements apply equally to...

Rewards Jan 22, 2025

Why Are Employee Benefits Important?

As businesses grow and evolve, understanding the pain points of employees becomes essential. Employers often find themselves at a crossroads, needing to balance budget constraints...

Rewards Jan 22, 2025

Types of Employee Benefits: Mandatory and Supplemental Guide

Beyond base salary, non-monetary benefits such as insurance, health check-ups, travel, training, and financial support—when strategically invested in—become powerful tools to attract and retain talent,...

Rewards Jan 22, 2025

What Is A Good Benefits Package And What Should It Include?

Understanding what is a good benefits package has become crucial for businesses operating in Vietnam. Companies must structure their offerings to meet both regulatory requirements...

Rewards Jan 21, 2025

Bonus Vs. Salary: What's More Effective?

In compensation strategy, a bonus represents a one-time financial incentive for an employee, while a salary raise involves a permanent increase in their annual pay....

Jan 10, 2025

Performance-Based Bonus Structure: KPI Examples & Calculation Methods

A KPI bonus structure directly links an employee's compensation to their measured performance against specific targets. This method emphasizes accountability while providing clear metrics for...

Rewards Jan 10, 2025

Employee Bonus Structures and Distribution Methods Guide

The difference between standard and exceptional compensation packages often lies in effective bonus distribution methods. As businesses compete for talent in growing markets, strategic types...

Jan 10, 2025

How Employee Bonuses Impact Overall Company Morale

Companies allocate substantial resources to bonus programs each year, yet many business leaders question whether these investments yield tangible returns. Recent research validates this investment...

Rewards Jan 9, 2025

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