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Monthly variable compnent (MVC)

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.


Monthly variable compnent (MVC)

Postby joey2 » Fri, 10 Dec 2004 12:13 pm


Can anyone explain me what exactly MVC (monthly variable component) means? So far I understand, during the economic downturn company will start reducing salary by x% every month but not until it is required. Am I right?

Thanks for your help


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