For employees with a monthly variable component (MVC), employers can adjust it downwards, with the amount depending on the company’s situation and key performance indicators.

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About 37 per cent of employees in private sector companies with 25 or more workers as well as the public sector have an MVC as part of their salary, according to the Ministry of Manpower’s 2018 report on wage practices. This is equivalent to 700,000 employees.

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