Vui Bonus
Program

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Lan toả niềm vui

The labor shortage
challenge

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  • For employers
50-200% /year

Turnover rate in Retail and Service

30-75% /year

Turnover rate in Manufacturing

2-3 months of salary

to replace an employee

↑2-3x

recruiting costs and lead time for the garment and textile industry in recent years

>10M employees

preyed by loan sharks every year, leading to recurring gangster collection practices, employees borrowing from each other, and other unethical conduct at work (e.g. stealing)

Cash crunch situations and financial stress make employees restless and seek for new jobs.

Due to undifferentiated benefits among employers, employees often switch jobs for higher pay

  • 2.000đ/hr

    Salary difference threshold to switch jobs in Retail & Service

  • 500.000đ/month

    Salary difference threshold to switch jobs in Manufacturing

Employees increasingly seek for contract work for daily pay

  • >1M employees

    become riders for Grab, Gojek, Be, etc. to get paid more frequently

  • >80.000 employees

    switch to work in the sharing economy in the first quarter of 2021

Majority of employees favor a more flexible payroll system that provides access to earned wages more frequently

  • >70% of employees

    especially the part-time staff are interested in EWA

In cash crunch situations, employees are extremely stressed and could not focus on their job

  • 55% of employees

    deal with cash shortfall every month

  • 10 days

    before the payday is the critical time when they run out of money

Challenges for employers to deliver a differentiated wellness program

Limited in cash flow, procedure and technology, employers cannot pay their staff more frequently to meet the rising expectations of employees.

EWA: Seamless and effective
HR initiative

Discover our solution