Increase salaries, bonuses, improve working conditions to retain workers

Nam Dương |

Ho Chi Minh City - Businesses need to increase salaries, bonuses, improve working conditions and welfare policies to avoid the risk of labor shortage after Tet.

Many solutions to attract workers to return to work after Tet

Mr. Nguyen Huu Tuan - Human Resources Director of Thanh Cong Textile and Garment Joint Stock Company - Trade Investment - said that on average, the company's personnel fluctuation is about 22% - 24%, about 6%/quarter per year.

However, the time at the beginning of the new year is usually the most volatile because employees (NLĐ) will quit their jobs after receiving the 13th month salary and Tet bonus for many different reasons.

The majority of workers who quit their jobs are new people, while old people who have been attached for many years rarely quit their jobs.

Similarly, Mr. Huynh Van Choi - CEO of Viet Hung Joint Stock Company - also said that at the time after the Lunar New Year, about 5% of workers quit their jobs.

Most of these are due to prolonging Tet holidays and then taking them off immediately or looking for new jobs.

To avoid labor shortages after Tet, many businesses organize buses to pick up workers to return to work after Tet, as a measure to care for them through supporting workers with travel expenses and being proactive in manpower to work in the first days of the year. Even, many businesses send officials to localities to celebrate Tet with workers' families and then go with buses to take workers back to work after Tet.

Along with that, most businesses have bonus policies for employees returning to work after Tet on the first working day and retain a bonus that should have been given before Tet but given later.

Labor market in Ho Chi Minh City in 2026: Demand continues to exceed supply

According to statistics from the Ho Chi Minh City Employment Service Center, 2025 shows that the labor market is in a state of clear oversupply when the recruitment demand is 313,681 positions, significantly higher than 191,790 job seekers, meaning businesses are in a general labor shortage situation.

This center also forecasts that in 2026, Ho Chi Minh City's labor market will continue to maintain the state of "demand exceeding supply" when the three main drivers for continued growth and economic development continue to be maintained, and in the first half of 2026, labor shortages will still be a major challenge, especially in industries that require practical skills, industrial style and shift work capacity.

Another important challenge is competition to attract and retain labor, especially in Binh Duong (formerly), where the demand for unskilled labor is large but labor fluctuations after Tet are always high. Businesses need to increase salaries, bonuses, improve working conditions and welfare policies to retain workers, if not adjusted in time, the risk of shortage of unskilled labor and technical labor in 2026 is entirely possible," Ms. Nguyen Van Hanh Thuc - Director of the Ho Chi Minh City Employment Service Center recommended.

Nam Dương
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