French pharmaceutical company Sanofi has launched a pioneering programme for employees directly or indirectly affected by cancer and other critical illnesses.
Despite a challenging business environment, many companies have improved employee compensation schemes compared to 2021, according to the Vietnam Best Places to Work survey.
At a time characterised by talent shortages, changing business models, and increased economic volatility, contingent workers have become more important, according to research released by the workforce solutions company ManpowerGroup.
Many banks have recently announced they will issue a large number of shares under the employee stock ownership plans (ESOP) to retain good employees and increase capital.
With many businesses looking to bring their employees back to the office, careful planning is extremely necessary, not only for the health and well-being of their employees but also for the cybersecurity of companies.
Military Bank (MBB) is planning to issue more than 43.2 million shares to its employees under the employee stock ownership plan (ESOP). This number is equal to 2 per cent of the bank’s charter capital.
Many banks have seen their employee efficiency increase significantly, with each member of staff earning them more than VND1 billion (US$43,000) in pre-tax profit on average last year.
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to issue nearly 33.7 million shares for its employees in the form of an employee stock ownership plan (ESOP) at the price of VND10,000 per share.
The State Capital Investment Corporation (SCIC) has asked for the Prime Minister’s approval of Vinamilk’s plan for an Employee Stock Ownership Programme (ESOP) in the 2018-21 period.
Together with high profits of a trillion dong at the end of 2017, domestic commercial banks reportedly hired thousands of employees to boost their performances and seize new opportunities.
Saigon Securities Inc is seeking shareholders’ approval for its plan to issue 1.2 million convertible bonds and 10 million ESOP (employee stock ownership programme) shares.
Masan Consumer Corporation will issue nearly five million shares to its staff under the Employee Stock Ownership Plan (ESOP) programme in July, the company has announced.