Evaluate the current status of remuneration and salary regimes in Vietnamese state agencies
Abstract
In the process of economic reform along with international economic integration, remuneration is one of the issues of great concern, especially financial remuneration. Because financial compensation plays a very important role not only for employees and employers but also for the whole society. To be able to survive in today's fiercely competitive conditions, businesses need to build a reasonable financial remuneration system. Only then can we attract and retain employees, encourage them to actively work, and increase labor productivity, thereby helping to increase efficiency and profits for businesses. On the contrary, if businesses do not pay attention to this issue, employees will become dependent, not interested in work, and not have a sense of attachment to the business. From there, it negatively affects labor productivity and the results of production and business activities of the enterprise.
How to Cite This Article
Nguyen Thi Kim Thanh (2023).
Evaluate the current status of remuneration and salary regimes in Vietnamese state agencies
. International Journal of Management and Organizational Research (IJMOR), 2(6), 29-37.