06:00 | 13/12/2020 Society
(VEN) - Due to the negative effects of the Covid-19 pandemic on worker incomes, Tet bonuses have become an issue of wide concern even though the Lunar New Year is more than two months away.
The impact of the Covid-19 pandemic has confronted many businesses with difficulties
According to Kieu Van Hien, a worker of the Vietnam Precision Industrial No 1 Company Limited at the Khai Quang Industrial Park in Vinh Phuc Province, in previous years, due to year-end workloads, workers had to do overtime on most Sundays, yielding high Tet bonuses. However, this year, the company has faced many difficulties and income has already decreased significantly.
Most workers are happy these days just to have jobs given the declining number of orders for manufactured goods. Although workers are also looking forward to Tet bonuses, expectations are not high.
Vietnam’s unemployment rate has increased due to the pandemic’s impact, but ahead of the Lunar New Year holiday, which will run from February 10-16, 2021, businesses are trying hard to keep workers on the payroll.
The General Director of the Vinh Yen Shoes Joint Stock Company, Le Thanh Thuy, says that his company’s orders have been halved compared to 2019. When Covid-19 broke out in Vinh Phuc Province, one-third of his company’s workers had to cut working hours or go on furloughs. However, although orders have been renewed in recent months and despite the many remaining difficulties, the company intends to give its employees Tet bonuses, Thuy emphasized.
To ensure the legitimate rights and interests of employees during the upcoming Lunar New Year, the Vietnam General Confederation of Labor (VGCL) requires trade unions across the country to join with employers in developing and supervising plans for salary, bonus and welfare payments, and publicize this plan before the Tet holiday in order to reassure employees ahead of the year’s most important occasion. In addition, VGCL also suggested the labor unions take care of employees during the Tet holiday, organizing activities to bring union members home to celebrate, and visiting and bringing gifts to members and employees.
|According to the Ministry of Labor, Invalids and Social Affairs (MOLISA), the average bonus of the Lunar New Year in 2020 was estimated at a month’s salary, equivalent to VND6.71 million per person, up 7.1 percent compared to 2019.|