Saturday, August 15, 2015

Malaysia Retrenchment - Should You Take Up The VSS or MSS Offer?

I read a sharing by Alice Yokyuen-Wong on The Star Online. I strongly feel that, those affected by Voluntary Separation Scheme (VSS) or Mutual Separation Scheme (MSS) should read it too. Why? Because it's from her own experience and there are truth in her sharing.

Do take note that she budgeted her expenses tightly after the VSS even though she had received the compensation sum from her VSS employer. Because she said she's not sure how long she would be jobless. But, she's lucky because she got her new job just 28 days after being laid off.

There are some truth when she shared that employee should take up the VSS or MSS and move on. Rather than 'sinking together with the ship', just like two of her friends who had worked in a public listed company. At least the compensation from VSS or MSS would lasted for some time while one looking for new opportunities.

For those affected by VSS or MSS, let's hope that you'll be landed on new job soon.

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