List of schools with "sky-high" Tet bonuses for teachers

For many years, high Tet bonuses at universities, Ho Chi Minh City University of Technology (HUTECH) has been mentioned continuously.

Ho Chi Minh City University of Technology (HUTECH) is continuously mentioned for its high Tet bonuses for lecturers. (Source: HUTECH)

Ho Chi Minh City University of Technology (HUTECH)

Talking about high Tet bonuses at universities, for many years, Ho Chi Minh City University of Technology (HUTECH) has been continuously mentioned.

The school, which is among the 9 universities with revenue of 1,000 billion VND in 2022, is said to have a Tet bonus of 20 million VND to 100 million VND.

Sharing about the figure of "highest Tet bonus of 100 million VND", Mr. Nguyen Quoc Anh, Vice Principal of Ho Chi Minh City University of Technology, said that the understanding that the highest Tet bonus at the school is 100 million VND is not correct.

Mr. Nguyen Quoc Anh informed that the annual Tet bonus at Ho Chi Minh City University of Technology is implemented according to the 13th month salary regulations for staff, employees and lecturers.

Specifically, everyone will have a Tet bonus equivalent to one month's salary they are receiving. To put it simply, a person receiving a salary of 20 million VND will receive a Tet bonus of 20 million VND.

As for the highest bonus, Mr. Anh said it is difficult to answer accurately because the salary belongs to the employee's personal information.

Nguyen Tat Thanh University

A representative of Nguyen Tat Thanh University informed that for many years, the school has always maintained the Tet bonus level according to the rule that everyone is the same, regardless of job position.

Specifically, in 2024, the school decided to give Lunar New Year bonuses to lecturers and employees at 1.5 times the agreed salary.

In addition to the above figures, the school also applies different bonus levels according to the competency framework for each individual who completes the work well in 2023.

In addition, the school's union will give more than 1,200 Tet gifts to all school staff; visit and give gifts to retired staff and families of staff and employees in difficult circumstances.

According to the school, in the current economic context, although the school's bonus is at an average level compared to many other units, it is the effort and hard work of the school's leaders. Thereby, it encourages and helps lecturers and employees to have a happy and warm Tet holiday and have more motivation to work.

Van Lang University

At Van Lang University, many lecturers and staff said that information about Tet bonuses for employees is often kept secret until the last minute.

However, in the latest recruitment announcement of this school in May 2023, the Tet holiday allowance will include a 13th month salary with at least one month's salary.

In addition, on other holidays and Tet holidays during the year, lecturers are rewarded with a minimum of 1 million VND/time. Children of employees studying at the school system receive a 50% reduction in tuition fees at university level and 30% at post-graduate level.

According to information from Van Lang University, the minimum income for lecturers and research lecturers with doctoral degrees is 350 million VND/year.

University of Economics Ho Chi Minh City

According to the posted benefits of Ho Chi Minh City University of Economics, employees are entitled to 14 welfare benefits on holidays and Tet equivalent to 21 million VND/year according to internal spending regulations.

This welfare payment level is adjusted annually, in accordance with the actual operating situation of the school.

The school informs that they apply a transparent and public reward policy based on the results of annual performance evaluations for each officer and employee according to current state regulations; at the same time, they also have their own honor and reward policies.

The reference income level announced by Ho Chi Minh City University of Economics for masters is from 20-35 million VND/month, PhD from 25-40 million VND/month; Associate Professor from 45-65 million VND/month; Professor from 50 to 70 million VND/month depending on the number of years of work.

Reference income includes government salary, school income, allowances, welfare, Tet bonus, remuneration from teaching/research activities, calculated on a monthly average.

Hanoi University of Science and Technology

In 2020, for the first time, a Vietnamese university achieved a revenue of 1,000 billion VND, which was Hanoi University of Science and Technology. Two years later, from 2022, there were 9 universities achieving a revenue of 1,000 billion VND from 2022 according to statistics from the Three Public Reports and enrollment plans of universities.

The group of 9 "trillion" schools ranked in order of revenue from highest to lowest include Van Lang University, Ho Chi Minh City University of Economics, FPT University, Nguyen Tat Thanh University, Ho Chi Minh City University of Technology, Can Tho University, Hanoi University of Science and Technology, Ton Duc Thang University, and National Economics University.

Of which, Van Lang University has the highest revenue with 1,758 billion VND. This is also the school with the fastest revenue growth, increasing more than 4 times in the 5-year period starting with a revenue of only 408 billion VND in 2018.

(according to Dan Tri)

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