Foreign companies continued to dominate the list of best employers in Vietnam, but more local firms successfully improved their workplace environment last year, a new survey found.
The 2015 "Best Places to Work" survey, conducted by solution firm Anphabe, named 22 local employers in the top 100, compared to 17 the previous year. They included Bao Viet Insurance, FPT, Hoa Binh Corp, Masan, Viettel and Vingroup.
But foreign companies took most of the top position, including the coveted number one spot for Unilever. It is followed by well-known companies such as Prudential, Nike, Abbott, Bosch and Mercedes-Benz.
The third annual survey polled 22,688 experienced employees in hundreds of leading enterprises.
It found an increasing trend among talents in favoring healthy work-life balance rather than a high salary.
“Employees nowadays are more demanding and they no longer focus only on high income,” said Thanh Nguyen, Anphabe CEO.
Some of the most popular objectives are achieving work-life balance, contributing to meaningful purposes and moving up the corporate ladder.
“Although income still plays an important role, it is in a less demanding trend, which also leads to a significantly higher satisfaction level compared to last year,” Anphabe said in a release.
Meanwhile, expectations of Vietnamese professionals towards employers included total rewards, leadership, company reputation and culture and value, the survey found.
The turnover rate was about 9 percent, with men in managing position more likely to quit their jobs. The rate was particularly high in the sectors of manufacturing/chemicals, fast moving consumer goods and service/consulting/legal.