Thursday, January 08, 2009

 

Post no. 574

MVC (Monthly Variable Component) - Miracle component.

In good times...it will reflect the good performance of the company.

In bad times, companies would be able to cut back on this variable to allow more leeway to stay afloat and thus negating retrenchment.

Boss : Ah Seng, im sorry... the company has decided to let you go. Heres the severance package of 10 months pay for your 10 years in our company.

Ah Seng : Thanks Boss.... errmm...Boss, how come only 10K?? I earn 1.5K per month so shouldnt i get 15K??

Boss : The MVC ius a variable component, we cannot include it inside your severance package.

Ah Seng : ....

Regards
Another Lie.
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