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Are we overpaying or underpaying?
Undergrad Wage and Job Expectation.
July 2015
Surveyed Respondent
STUDENT GROUP MAJOR UNIVERSITIES
Hanoi Foreign
Trade University
Hanoi University of
51%49%
Freshman
Senior 27%
33%
26%
REGION
Hanoi University of
Science and Technology
Hanoi National
University of Education
Hanoi Law University
HCMC University of
Agriculture and
Forestry
Van Lang University
Senior
71%HaNoi
13%
27%
26%
© 2015 MarketIntello. The copyrights of this report belong to MarketIntello. The results of this survey can be publicly used, but must be cited
and sourced from MarketIntello.
Total = 700
29%
0% 20% 40% 60% 80%
HCMC
Educaton and
training
Social
sciences
Economy Engineering
technology
Salary is the most important
factor when looking for a job
Your firm’s reputation? No, it’s the last criteria when undergrads
consider when they are seeking for job
67%
19%
22%
25% 26%
28%
30%
33%
43%
1%
5%
7%
11%
Other Enterprise
reputation
Developing
enterprise
Good
manager
Apply skills
and
specialized
knowledge for
work
Work-life
balance
Work in
desired field
Training
skills
Compensation
schemes
Promotion
opportunities
Job Stability Good work
enviroment
Salary
schemes
Students with part-time job
expects higher wage than the
rest
32%<
of students
are having a
part-time job
Not many students are having part-time jobs
31%
32%< part-time job
of them are having
jobs relevant with their
major at university
65%
35%
74%
27%
68%
32%
No
Yes
Total HCMC Hanoi
42%
final year students having part-
time jobs would like to pursue
a full time position in the same
area that they are now
working after graduation
More students in Hanoi are holding part-time
jobs than those in HCM
Total HCMC Hanoi
Student’s earnings from part-time jobs is lower than their
monthly spending
21%
Under VND 1
million 48%
54%
48%
43%
44%
21%
58%
1 - 2 VND million
million
Senior
Freshman
48%
45%
7%
40%
6%
45%
48%
7%
Total
HCMC
Hanoi
Students’ earnings from part-time jobs Students’ monthly spending
13%
21%
Over VND 2 million
Under 2.5 VND million 2.5 - 5 VND million Over 5 VND million
Wage expectation is different among students who has part-time
jobs and none
36%
42%41%
Those who are having part-time jobs
expect high wage of over VND 8 mil.
While the others expect an average
earnings from VND 4 – 6 mil.
2% 1% 0%
7%
12%
10%
25% 25%
21% 20%
30% 29%
Part-time job relevant to
future job
Part-time job irrelevant to
future job
Do not have part - time job
Under 2 VND million 2 - 4 VND million 4 - 6 VND million
6 -8 VND million Over 8 VND million
Ho Chi Minh City
More monthly spending doesn’t mean higher wage expectation with students in HCMC
42% 43%
62%
36%
Under 2 VND million
2 - 4 VND million
Hanoi
0% 0% 0%
4% 6%
0%
18%
27%
15%
23% 23%
Low expenditure Average expenditure High expenditure
4 - 6 VND million
6 -8 VND million
Over 8 VND million
32%
40%
32%
30%
41%
0% 0%
3%
15%
11%
6%
32% 32%
22% 21%
18%
30%
28%
Low expenditure Average expenditure High expenditure
Under 2 VND million
2 - 4 VND million
4 - 6 VND million
6 -8 VND million
Over 8 VND million
Own a Startups? – Nope!
As always, startups is not student first choice. They see themselve having a dream job at
the foreign invested enterprises.
Expected job sectors Wage expectation for each sector
36%
43%
6%
Public sector
Foreign investment area
Start - up
19%
48% 49%
26%
21%
17%
25%25%
15%
44%
Under 2 VND million
2 - 4 VND million
4 - 6 VND million
6 -8 VND million
Over 8 VND million
1%
15%
Other
Non-state sector
0% 0.4% 0.4%
6% 5%
Non-state sector Public sector Foreign investment
area
Students expect to have a position that match their major at university but are open
to have a job in different areas.
62%
65%
59%
Total Freshman Senior
22%
16%
25%
10%
19%
22%
Intend to take jobs related to your major Only take job related to your majors Only take jobs unrelated to your majors
Those who only wish to work in areas that different from their majors at university expects salary rate that
may surprise employers*.
*Contact us at info@marketintello.com for further details
Intend to take jobs related to your major
but feasible to change to unrelated one
Only take job related to your majors Only take jobs unrelated to your majors
Expectation on future wage and benefits
More than
50%
expects a salary of lower than VND 5 mil.
after one year of working
Wage expectations by time are close to reality
12%
35%
30%
23%
12%
34%
31%
23%
13%
35%
30%
22%
Total
Freshman
Senior
20%
39%
36%
16%
5%
HCMC
Over 15 VND million
10 - 15 VND million
5 - 10 VND million
Wage expectation after 3 years of working
12%12%
Under 5 VND
million
5 - 10 VND million 10 - 15 VND
million
Over 15 VND
million
Senior
24%
27%
34%
16%
Hanoi
Under 5 VND million
55%
53%
57%
It is expected that five years of working experience could bring back higher salary
and benefit but how big it is?
15%
27%
13%
32%
17%
22%
Total
Freshman
Senior
This information is intentionally left
blank, please contact us for more
details.
4%
3%
4%
Under 5 VND million 5 - 10 VND million 10 - 15 VND million Over 15 VND million
About Market Intello
MarketIntello
At MarketIntello, based on our competitive advantage in technical capacities in terms of both technology and
human resources, we deliver the full service package in market research nationalwide.
Ready to use sectors report Mystery shopping
•FMCG & Retail;
•Textiles & Garments;
•Mineral Industry;
•Medical Services;
•Information & Communications
Technology;
•Travel & Hospitality;
•Automotive;
•Energy;
•Vietnam MarketIntelligence;
•Competitor Analysis;
•Market Analysis and Market
Entry Strategy
•Customer Demographics and
Behaviors;
•Food and Beverage Mystery
Shopping
•Retails Mystery Shopping
•Leisure and Tourism Mystery
Shopping
•Automotive Mystery Shopping
•Education Mystery Shopping
•Healthcare Mystery Shopping
•Health and Beauty Mystery
Customized market research
reports
•Energy;
•Financial Services;
•Indutrial Goods;
•Media & Entertainment;
•Public Services;
•Health and Beauty Mystery
Shopping
MarketIntello has clients at both national and international levels, including those from International Organizations and
Government agencies who would like to look at the market size of interested industries as well as corporate clients of various
business sectors. Some of them are:
About Market Intello
THANK YOU!MI

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Are we overpaying or Underpaying? 2015 Vietnam Undergrad Wage Expection

  • 1. Are we overpaying or underpaying? Undergrad Wage and Job Expectation. July 2015
  • 2. Surveyed Respondent STUDENT GROUP MAJOR UNIVERSITIES Hanoi Foreign Trade University Hanoi University of 51%49% Freshman Senior 27% 33% 26% REGION Hanoi University of Science and Technology Hanoi National University of Education Hanoi Law University HCMC University of Agriculture and Forestry Van Lang University Senior 71%HaNoi 13% 27% 26% © 2015 MarketIntello. The copyrights of this report belong to MarketIntello. The results of this survey can be publicly used, but must be cited and sourced from MarketIntello. Total = 700 29% 0% 20% 40% 60% 80% HCMC Educaton and training Social sciences Economy Engineering technology
  • 3. Salary is the most important factor when looking for a job
  • 4. Your firm’s reputation? No, it’s the last criteria when undergrads consider when they are seeking for job 67% 19% 22% 25% 26% 28% 30% 33% 43% 1% 5% 7% 11% Other Enterprise reputation Developing enterprise Good manager Apply skills and specialized knowledge for work Work-life balance Work in desired field Training skills Compensation schemes Promotion opportunities Job Stability Good work enviroment Salary schemes
  • 5. Students with part-time job expects higher wage than the rest
  • 6. 32%< of students are having a part-time job Not many students are having part-time jobs 31% 32%< part-time job of them are having jobs relevant with their major at university 65% 35% 74% 27% 68% 32% No Yes Total HCMC Hanoi 42% final year students having part- time jobs would like to pursue a full time position in the same area that they are now working after graduation More students in Hanoi are holding part-time jobs than those in HCM Total HCMC Hanoi
  • 7. Student’s earnings from part-time jobs is lower than their monthly spending 21% Under VND 1 million 48% 54% 48% 43% 44% 21% 58% 1 - 2 VND million million Senior Freshman 48% 45% 7% 40% 6% 45% 48% 7% Total HCMC Hanoi Students’ earnings from part-time jobs Students’ monthly spending 13% 21% Over VND 2 million Under 2.5 VND million 2.5 - 5 VND million Over 5 VND million
  • 8. Wage expectation is different among students who has part-time jobs and none 36% 42%41% Those who are having part-time jobs expect high wage of over VND 8 mil. While the others expect an average earnings from VND 4 – 6 mil. 2% 1% 0% 7% 12% 10% 25% 25% 21% 20% 30% 29% Part-time job relevant to future job Part-time job irrelevant to future job Do not have part - time job Under 2 VND million 2 - 4 VND million 4 - 6 VND million 6 -8 VND million Over 8 VND million
  • 9. Ho Chi Minh City More monthly spending doesn’t mean higher wage expectation with students in HCMC 42% 43% 62% 36% Under 2 VND million 2 - 4 VND million Hanoi 0% 0% 0% 4% 6% 0% 18% 27% 15% 23% 23% Low expenditure Average expenditure High expenditure 4 - 6 VND million 6 -8 VND million Over 8 VND million 32% 40% 32% 30% 41% 0% 0% 3% 15% 11% 6% 32% 32% 22% 21% 18% 30% 28% Low expenditure Average expenditure High expenditure Under 2 VND million 2 - 4 VND million 4 - 6 VND million 6 -8 VND million Over 8 VND million
  • 10. Own a Startups? – Nope!
  • 11. As always, startups is not student first choice. They see themselve having a dream job at the foreign invested enterprises. Expected job sectors Wage expectation for each sector 36% 43% 6% Public sector Foreign investment area Start - up 19% 48% 49% 26% 21% 17% 25%25% 15% 44% Under 2 VND million 2 - 4 VND million 4 - 6 VND million 6 -8 VND million Over 8 VND million 1% 15% Other Non-state sector 0% 0.4% 0.4% 6% 5% Non-state sector Public sector Foreign investment area
  • 12. Students expect to have a position that match their major at university but are open to have a job in different areas. 62% 65% 59% Total Freshman Senior 22% 16% 25% 10% 19% 22% Intend to take jobs related to your major Only take job related to your majors Only take jobs unrelated to your majors Those who only wish to work in areas that different from their majors at university expects salary rate that may surprise employers*. *Contact us at info@marketintello.com for further details Intend to take jobs related to your major but feasible to change to unrelated one Only take job related to your majors Only take jobs unrelated to your majors
  • 13. Expectation on future wage and benefits
  • 14. More than 50% expects a salary of lower than VND 5 mil. after one year of working Wage expectations by time are close to reality 12% 35% 30% 23% 12% 34% 31% 23% 13% 35% 30% 22% Total Freshman Senior 20% 39% 36% 16% 5% HCMC Over 15 VND million 10 - 15 VND million 5 - 10 VND million Wage expectation after 3 years of working 12%12% Under 5 VND million 5 - 10 VND million 10 - 15 VND million Over 15 VND million Senior 24% 27% 34% 16% Hanoi Under 5 VND million
  • 15. 55% 53% 57% It is expected that five years of working experience could bring back higher salary and benefit but how big it is? 15% 27% 13% 32% 17% 22% Total Freshman Senior This information is intentionally left blank, please contact us for more details. 4% 3% 4% Under 5 VND million 5 - 10 VND million 10 - 15 VND million Over 15 VND million
  • 16. About Market Intello MarketIntello At MarketIntello, based on our competitive advantage in technical capacities in terms of both technology and human resources, we deliver the full service package in market research nationalwide. Ready to use sectors report Mystery shopping •FMCG & Retail; •Textiles & Garments; •Mineral Industry; •Medical Services; •Information & Communications Technology; •Travel & Hospitality; •Automotive; •Energy; •Vietnam MarketIntelligence; •Competitor Analysis; •Market Analysis and Market Entry Strategy •Customer Demographics and Behaviors; •Food and Beverage Mystery Shopping •Retails Mystery Shopping •Leisure and Tourism Mystery Shopping •Automotive Mystery Shopping •Education Mystery Shopping •Healthcare Mystery Shopping •Health and Beauty Mystery Customized market research reports •Energy; •Financial Services; •Indutrial Goods; •Media & Entertainment; •Public Services; •Health and Beauty Mystery Shopping
  • 17. MarketIntello has clients at both national and international levels, including those from International Organizations and Government agencies who would like to look at the market size of interested industries as well as corporate clients of various business sectors. Some of them are: About Market Intello