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Policy Change Director Average Salary in Vietnam 2020

How much money does a Policy Change Director make in Vietnam?

Average Monthly Salary
26,500,000 VND
( 318,000,000 VND yearly)


A person working as a Policy Change Director in Vietnam typically earns around 26,500,000 VND per month. Salaries range from 13,500,000 VND (lowest) to 40,800,000 VND (highest).

This is the average monthly salary including housing, transport, and other benefits. Policy Change Director salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Policy Change Director Salary Distribution in Vietnam

Median and salary distribution monthly Vietnam Policy Change Director
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The median, the maximum, the minimum, and the range

  • Salary Range

    Policy Change Director salaries in Vietnam range from 13,500,000 VND per month (minimum salary) to 40,800,000 VND per month (maximum salary).

  • Median Salary

    The median salary is 25,900,000 VND per month, which means that half (50%) of people working as Policy Change Director(s) are earning less than 25,900,000 VND while the other half are earning more than 25,900,000 VND. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Policy Change Director(s) are earning less than 17,700,000 VND while 75% of them are earning more than 17,700,000 VND. Also from the diagram, 75% of Policy Change Director(s) are earning less than 32,700,000 VND while 25% are earning more than 32,700,000 VND.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Policy Change Director Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Vietnam Policy Change Director
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Policy Change Director salaries by experience level and this is what we found.

A Policy Change Director with less than two years of experience makes approximately 15,100,000 VND per month.

While someone with an experience level between two and five years is expected to earn 19,800,000 VND per month, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 27,700,000 VND per month, 40% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Policy Change Director(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 33,300,000 VND per month, 20% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 36,100,000 VND per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 39,000,000 VND per month, 8% more than people with fifteen to twenty years of experience.

Policy Change Director average salary change by experience in Vietnam

0 - 2 Years
15,100,000 VND
2 - 5 Years+31%
19,800,000 VND
5 - 10 Years+40%
27,700,000 VND
10 - 15 Years+20%
33,300,000 VND
15 - 20 Years+9%
36,100,000 VND
20+ Years+8%
39,000,000 VND
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Policy Change Director Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Policy Change Director(s) who have the same experience but different education levels.

Salary comparison by education level monthly Vietnam Policy Change Director
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Policy Change Director salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Policy Change Director is 18,700,000 VND per month.

While someone with a Master's Degree gets a salary of 33,100,000 VND per month, 77% more than someone having a Bachelor's Degree degree.

Policy Change Director average salary difference by education level in Vietnam

Bachelor's Degree
18,700,000 VND
Master's Degree+77%
33,100,000 VND
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Vietnam costs anywhere from 86,100,000 Dong(s) to 258,000,000 Dong(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Policy Change Director Salary Comparison By Gender

Salary comparison by gender monthly Vietnam Policy Change Director
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Policy Change Director employees in Vietnam earn 13% more than their female counterparts on average.

28,200,000 VND
24,900,000 VND
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Vietnam for all Careers

Salary comparison by gender monthly Vietnam
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Policy Change Director Average Annual Salary Increment Percentage in Vietnam

How much are annual salary increments in Vietnam for Policy Change Director(s)? How often do employees get salary raises?

Policy Change Director

Policy Change Director(s) in Vietnam are likely to observe a salary increase of approximately 12% every 18 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Vietnam Policy Change Director
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Vietnam / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Vietnam is 6%.

Annual Increment Rate By Industry 2019

Information Technology

Listed above are the average annual increase rates for each industry in Vietnam for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

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Policy Change Director Bonus and Incentive Rates in Vietnam

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Vietnam Policy Change Director
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A Policy Change Director is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

46% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 54% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Policy Change Director Average Hourly Wage in Vietnam

153,000 VND per hour

The average hourly wage (pay per hour) in Vietnam is 153,000 VND. This means that the average Policy Change Director in Vietnam earns approximately 153,000 VND for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Policy Change Director VS Other Jobs

Salary Comparison Between Policy Change Director and Insurance monthly Vietnam
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The average salary for Policy Change Director is 53% more than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Actuarial Analyst24,500,000 VND-7%
Actuarial Assistant16,200,000 VND-39%
Actuary24,100,000 VND-9%
Adjustment Insurance Clerk6,560,000 VND-75%
Assistant Broker10,700,000 VND-60%
Assistant Claims Manager19,300,000 VND-27%
Associate Insurance Representative9,040,000 VND-66%
Auditing Insurance Manager27,200,000 VND+3%
Broker17,700,000 VND-33%
Claim Advocacy Professional18,000,000 VND-32%
Claims Adjuster6,380,000 VND-76%
Claims Analyst9,260,000 VND-65%
Claims Examiner8,680,000 VND-67%
Claims Manager24,400,000 VND-8%
Claims Processor6,670,000 VND-75%
Claims Representative7,560,000 VND-71%
Claims Resolution Specialist18,100,000 VND-32%
Claims Supervisor16,700,000 VND-37%
Complaints Specialist16,100,000 VND-39%
Compliance Officer14,300,000 VND-46%
Consultant17,700,000 VND-33%
Eligibility Specialist17,500,000 VND-34%
Insurance Account Manager20,500,000 VND-23%
Insurance Accounts Executive18,500,000 VND-30%
Insurance Agent10,700,000 VND-60%
Insurance Analyst17,700,000 VND-33%
Insurance Appraiser17,800,000 VND-33%
Insurance Claims Clerk6,170,000 VND-77%
Insurance Examiner15,800,000 VND-40%
Insurance Investigator16,800,000 VND-37%
Insurance Manager29,600,000 VND+12%
Insurance Operations Manager29,500,000 VND+11%
Insurance Policy Processing Clerk6,220,000 VND-76%
Insurance Pricing Assistant13,500,000 VND-49%
Insurance Program Manager22,800,000 VND-14%
Insurance Project Manager22,600,000 VND-15%
Insurance Quality Assurance Agent14,900,000 VND-44%
Insurance Sales Agent10,300,000 VND-61%
Insurance Sales Director28,100,000 VND+6%
Insurance Team Leader18,700,000 VND-29%
Insurance Underwriter13,300,000 VND-50%
Loss Control Specialist16,500,000 VND-38%
Loss Prevention Investigator18,400,000 VND-30%
Loss Prevention Manager24,200,000 VND-9%
Loss Prevention Specialist18,400,000 VND-30%
Marine Underwriter12,500,000 VND-53%
Medical Auditor17,500,000 VND-34%
Monitoring and Performance Officer11,700,000 VND-56%
Payment Services Specialist17,800,000 VND-33%
Policy Change Director26,500,000 VND+0%
Policy Change Supervisor19,000,000 VND-28%
Policy Change Technician8,800,000 VND-67%
Risk Analyst19,800,000 VND-25%
Risk Management Director32,100,000 VND+21%
Risk Management Supervisor21,500,000 VND-19%
Risk Manager33,200,000 VND+25%
Risk Modeling Manager31,100,000 VND+18%
Title Insurance Typist15,300,000 VND-42%
Training Manager18,700,000 VND-29%

Salary Comparison By City

CityAverage Salary
Da Nang25,400,000 VND
Ha Noi28,900,000 VND
Hai Phong24,300,000 VND
Thanh Pho Ho Chi Minh31,200,000 VND

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Vietnam earn 8% more than their private sector counterparts on average across all sectors.

Private Sector
16,400,000 VND
Public Sector+8%
17,800,000 VND
Percentage increase and decrease are relative to the previous value

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