Paying salaries to all staff and faculty at least the living wage

Salary structure – FPT University

Employee earnings will include:

  • Monthly income
  • 13th month salary bonus
  • Performance bonus
  • Special bonuses applied to some positions or some units according to the Company’s annual decision
  • Benefits according to the Company’s annual policy, which may or may not be in cash

Target

We value people and ensure all employees of FPT University have a livable wage:

All

of employees are evaluated, compared with a livable wage.

All

of employees who have signed a labor contract have a salary higher than the living wage in the area.

All

of employees’ salaries are reviewed and evaluated annually.

Salary Review 2024

Average wage of FPT University’s Staff and Faculty 2024 (Unit: VND)

Year

Average wage

of FPT University’s Staff and Faculty

(1)

Vietnames
living wage(2)
Comparison

between (1) & (2)

2024 31,013,367 8,200,000

3.7 times

Staff and faculty at FPT University were paid 3.7 times more than the average wages of Vietnamese labor (stated in the Press release on labor and employment situation in the fourth quarter of 2024, published on the website of the General Statistics Office – Ministry of Planning and Investment Vietnam)

Reference: General Statistics Office Vietnam

Comparision between Average wage of FPT University’s Staff and Faculty and Vietnames living wage (in VND)

Other welfare regimes

  • Continuing the implementation of welfare policies aimed at safeguarding the physical and mental well-being of employees, including periodic health check-ups for 100% of employees and FPTCare medical insurance coverage for 100% of employees; Additionally, employees’ relatives are offered the opportunity to purchase health insurance packages at preferential rates.
  • Organizing a series of programs focused on promoting Happiness, Health, Connectivity, and Camaraderie among employees;
  • Sustaining investments in the creation of modern workspaces equipped with various amenities;
  • Continuing to enhance and optimize the effectiveness of the pay-for-performance package program, emphasizing transparency, increased productivity, and early payment, to elevate employee income levels;
  • Developing non-salary welfare policies such as the “Settle Down Comfortably – Long-term Connection” Policy (which supports employees in acquiring homes and vehicles) for 5,000 employees by 2026.
  • Not only focusing on diverse welfare programs for employees, FPT University also introduces initiatives and policies for employees’ families, with a special focus on the FPT Small group (children of FPT employees), such as tuition support policy for FPT Small attending schools within the FPT education system, and organizing various programs and international summer camps to help FPT Small develop and enhance essential skills.
Periodic health check-ups for all FPT University's employees
Periodic health check-ups for all FPT University’s employees
"Settle Down Comfortably - Long-term Connection" Policy
“Settle Down Comfortably – Long-term Connection” Policy