International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 3, 2023
Firm Leadership's View Point and the Role of Trade Unions for Salary Management
Author(s): Truong Thi Tam, Quach Thi Hao, Tang Anh Cuong
With the current growth rate, the number of laborers working in the construction industry in 2030 may reach about 12–13 million people. These figures show that the level of competition for human resources in the construction industry is not small. Therefore, in order to attract and retain workers and maintain and develop quality human resources, construction firms need to pay special attention to human resource policies, especially remuneration policies such as salary, bonus, and welfare. This research was conducted to measure the firm leadership's point of view and the role of trade unions in salary management in construction firms in Hanoi. Data were collected through a survey with 769 employees of construction enterprises in Hanoi. With this data, we have used Cronbach's Alpha analysis to identify and measure eleven (11) attributes of the firm leadership's view point and the role of trade unions for salary management in construction firms in Hanoi. The results showed that employees’ organizational commitment is highly appreciated by respondents. Based on the findings, some recommendations are given to improve the firm leadership's view and the role of trade unions in salary management in construction firms in Hanoi.
Keywords: Firm Leadership, Union Corporation, Construction Firms, Salary Management, Human Resource Management
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