VPBank awards unemployment insurance to employees

Ngọc Anh |

VPBank has coordinated with Quang Tri Rubber One Member Co., Ltd. to organize a ceremony to award unemployment benefits to a group of employees affected by employment.

These are customers who have participated in the Payroll salary package of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) - a financial solution that not only helps optimize cash flow but also brings practical insurance benefits, contributing to protecting the safety of employees.

The ceremony was attended by Mr. Nguyen Duc Dong - Deputy Secretary of the Party Committee, Deputy Director of the State Bank of Vietnam Region 8, Mr. Hoang Van Tuan - Member of the Standing Committee of the Provincial Labor Federation, Deputy Head of the Trade Union Work Committee and leaders, officers and employees of the two enterprises.

At the ceremony, VPBank presented insurance benefits to 5 employees who unfortunately lost their jobs at Quang Tri Rubber Company. Each individual receives a subsidy according to insurance benefits in the Payroll product package that this company has participated in with VPBank.

Dai dien Lien doan Lao dong (ben trai) va dai dien cong ty Cao Su Quang Tri (ben phai) trao bao hiem cho nguoi lao dong. Anh: VPBank
Representatives of the Labor Federation (left) and representatives of Cao Su Quang Tri Company (right) presented insurance to workers. Photo: VPBank

Sharing at the event, Mr. Van Duc Dung - General Director of Cao Su Quang Tri Company said: "VPBank's service package is very practical. For businesses, we save costs in salary payment and transactions. For workers, in addition to support for loans and credit cards, the unemployment insurance package of up to VND500 million/year is a motivation to help workers feel more secure at work.

Mr. Nguyen Van Tuan, one of the 5 individuals affected by employment, was moved: I did not think I would be supported so quickly. This is a valuable amount of money while I am looking for a new job.

Ong Hoang Van Tuan - Uy vien Ban Thuong vu LDLD tinh, Pho ban Cong tac Cong doan- Lien doan Lao Dong tinh Quang Tri chia se tai buoi le. Anh: VPBank
Mr. Hoang Van Tuan - Member of the Standing Committee of the Provincial Federation of Labor, Deputy Head of the Trade Union Work Committee - Quang Tri Provincial Labor Federation shared at the ceremony. Photo: VPBank

At the ceremony, Mr. Hoang Van Tuan - Member of the Standing Committee of the Provincial Federation of Labor, Deputy Head of the Trade Union - Labor Federation of Quang Tri province also assessed this as a program of profound humanitarian significance, contributing to stabilizing the employment life of workers, demonstrating the Bank's support for businesses, and at the same time affirming VPBank's role and responsibility for social security and the community.

Previously, VPBank deployed a Payroll salary payment service package, giving unemployment insurance to the enterprise's employees with a payment level of up to 500 million VND/year. Individual customers with a salary account at VPBank and on the list of employees of a business registering to use the salary payment service package will receive unemployment insurance benefits, based on income levels.

Employees are also entitled to both State unemployment insurance and unemployment insurance provided by VPBank. The insurance payments granted by VPBank include: death; permanent disability/departmental disability due to accidents; allowance for hospital stay due to accidents (maximum 60 days/year); allowance for loss of income due to accidents; unemployment allowance if the enterprise goes bankrupt and unemployment allowance in cases of widespread personnel reduction or dismissal.

In addition to creating additional benefits for employees, businesses that register to use this service package will enjoy many attractive financial incentives such as: free internal and online interbank transfers with salary payment transactions, incentives up to 70% of transaction fees at the counter; giving 1 year of free electronic invoice package; giving a comprehensive online CEO course to business owners; experience 12 months of VPBank priority customer service for business management levels...

Dai dien ngan hang VPBank cho biet hon 339 trieu dong da duoc ngan hang chi tra, boi thuong cho khach hang. Anh: VPBank
VPBank representative said that more than 339 million VND has been paid and compensated to customers by the bank. Photo: VPBank

VPBank representative said: In reality, VPBank has paid nearly 1 billion VND in cooperative insurance fees with MSIG to protect employees, more than 339 million VND has been paid by the bank, compensating customers at risk.

At VPBank Quang Tri alone, the bank has deployed an insurance package for more than 250 employees of Cao Su Quang Tri Company. Of which, 5 unfortunate cases have been compensated in a timely manner, helping to reduce difficulties. The remaining employees will continue to be fully protected.

The event of giving insurance benefits to employees at Quang Tri Rubber Company is a clear demonstration of VPBank's commitment to accompanying businesses and protecting employees. In the context of many economic fluctuations, humanitarian financial solutions such as Payroll not only help stabilize resources but also spread sustainable values in the community.

Ngọc Anh
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