Employee Rejects High-Paying Job to Keep Tet Bonus

A Vietnamese employee recently declined a lucrative job offer to retain a

of nearly 100 million VND. The individual, who had been with their current company for several years, was tempted by a higher salary from a competitor. However, the substantial year-end bonus, a common practice in Vietnam during the Lunar New Year, influenced their decision to stay.

This situation highlights the significance of Tet bonuses in

within Vietnamese companies. Many employees prioritize these bonuses, which can equal several months' salary, over new job opportunities. Employers use these to maintain staff loyalty and reduce , especially during the festive season.

The case also underscores the cultural importance of Tet in Vietnam, where

during this period are highly valued. Employees often rely on these bonuses for holiday expenses and family support, making them a critical factor in employment decisions.