ANNUAL REPORT 2024
TOGETHER IN BELIEF, LEADING IN INNOVATION
092
093
Training Activities
Compensation And Benefits Policy
In 2024, An Cuong sustained and further strengthened its training programs through both in-person and online formats, ensuring diverse content tailored to the practical demands of the workplace. Training sessions were conducted internally, as well as through collaborations with external organizations, delivering specialized knowledge and skills relevant to employees’ roles.
An Cuong maintained a dedicated team of internal experts who contributed to onboarding new hires and providing specialized training for critical positions. In alignment with the Company’s digital transformation strategy, the HR department, in partnership with other internal departments, successfully launched the An Cuong Academy — an innovative internal online training platform. The Academy offered an extensive array of educational resources, covering essential topics such as product knowledge, workflow management, and critical soft skills, including customer communication and presentation techniques. Designed to be engaging, concise, and highly accessible, the platform empowered employees to actively participate in courses tailored to their individual needs and schedules. Beyond internal training efforts, the Company collaborated with third parties to organize advanced professional development sessions, with total training costs in 2024 recorded at nearly VND 632.6 million. Noteworthy external training topics during the year included:
An Cuong has consistently placed strategic importance on the development and enhancement of employee welfare and benefits policies, ensuring optimal support and engagement for our workforce. The Company has also actively fostered career progression opportunities, thereby attracting, retaining, and nurturing a talented workforce. In 2024, An Cuong allocated more than VND 609 billion to personnel-related expenses, reflecting an increase of 3.4% compared to 2023. Despite the reduction in total personnel expenses, the average employee income saw a modest increase from the previous year. From 2020 to 2024, employee income steadily improved, rising from VND 16.2 million per person per month in 2020 to VND 20.5 million per person per month in 2024.
Personnel Expenses during 2020 - 2024
Source: An Cuong
VNDbn
645.1
18.5%
700
586.8
590.5
609.0
600
Business etiquette
544.2
500
Risk management and internal controls
400
Application and development of KPIs for performance measurement
300
3.8%
-9.0%
200
Workplace safety and hygiene standards
-7.8%
14.6%
100
0
2024
2020
2021
2022
2023
Percentage change
Total personnel expenses
Powered by FlippingBook