This study aims at investigating the interactive relationship between the effectiveness of risk management and employee satisfaction in Vietnamese firms. The data collection tool was quantitative with the application of structural equation modeling (SEM) based on the sample of 571 employees in different firms with different scales, located in the North, Central Vietnam and the South of this country. The research results brought about both theoretical and practical contributions with specific evidence illustrating the importance and impact of risk management effectiveness on employee satisfaction as well as the mediating role of the two factors namely trust and employee management effectiveness. As a result, based on the research findings, the author proposed certain recommendations in order to improve employee satisfaction in Vietnamese firms.
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