The expected salary of candidates is from 1 to 2 levels higher than the offered salary of employers.
Due to the statistic’s result, there is a certain gap between the offered salary of employers and expected salary of employees. Particularly, the average salary which is offered by most of employees from different sectors is 251 – 500 USD, however, candidates from many sectors and different levels have intention of applying for positions that have the salary from 1 to 2 levels higher than the average salary.
Especially, Administration/Secretary and Production receive the most applications for positions which have the salary of 501 – 700 USD, higher 1 level than the average salary. Other sectors such as Accountant; Communication/Advertisement; Marketing; Construction; Architecture; Customer Care receive the most applications for the salary from 701 – 1000 USD, 2 levels higher than the average salary.
Fresh graduates have high expectation while experienced candidates understand the common salary.
Based on the statistic’s survey, 72% of jobs for fresh graduates have the salary from 251 – 500 USD, is equivalent to 5,700,000 – 11,400,000 VND. However, the newly-graduated students apply mostly for jobs which have the salary around 701 – 1,000 USD (15,900,000 – 22,600,000 VND).
Only 6% of posted jobs for fresh graduate candidates which have this salary range. This means the competitive rate is quite high.
Otherwise, a group of experienced candidates understands the salary benchmark in the market. They frequently view jobs which have the salary from 701 – 1000 USD, however, they are willing to apply for position which has salary range lower than their expectation. Scopes of their applied jobs have wide and diverse salary range, from 251 – 1000 USD. Job opportunities for experienced applicants which are posted on VietnamWork, account for 68% of total jobs on this website.
For Management level, most of companies offer its salary range from 701 – 1000 USD. More than 41% of posted jobs for management levels are willing to pay for this salary range. However, the group of Management level views and applies mostly for the vacancies which have salary from 1000 – 2000 USD, this means 1 level higher than the average salary in the market.
Ho Chi Minh City has the highest average salary in Vietnam, more than 38% compared to the average salary in Vietnam.
Base on the offered minimum average salary of employers, Ho Chi Minh City maintains its highest average salary in Vietnam. Thus, the minimum average salary in month for each employee is around 456 USD (10,370,000VND/month and 124,440,000VND/employee/year). This minimum average salary is 38% higher compared to the average salary in Vietnam. (Regarding to General Statistics Office of Vietnam, the average salary of Vietnamese employees in 2017 is 6.500.000 VND/employee/month.)
Hanoi, the second biggest city of Vietnam, ranks the 5th position in the list of maximum average salary, regarding its minimum average salary is 407 USD (9,300,000 VND/month). Based on the statistics, experienced candidate group in Hanoi has shown its reasonable expectation for the salary. Regarding to posted jobs which have salary from 501 – 700 USD are viewed mostly, however, most of experienced candidates apply for positions which have salary range from 251 – 500 USD.
Da Nang, the economic center-point area of The Middle ranks the 2nd position and has its minimum average salary is 452 USD/month (10,250,000 VND). Management level candidates in Da Nang expect lower salary range compared to other cities. Regarding most of Management level candidates in Ho Chi Minh City, Hanoi, Binh Duong, and Quang Ninh, apply for jobs from 1001 – 2000 USD, Management levels in Da Nang tend to apply for positions which have salary range from 701 – 1000 USD, equal to the expected salary of experienced candidates in this city.
Two centers of production industry are Binh Duong and Bac Ninh respectively rank the 3rd and 4th position for the highest average salary in Vietnam. The minimum average salary of Binh Duong is 444 USD (10,100,000 VND) and Bac Ninh is 421 USD (9,550,000VND)