@3mnk+1jbnQvHk "Varyable Statement Salary Plan"
Voluntary Salaried Separation Plan
3 replies (most recent on top)
it means Varyable Statement Salary Plan. It allows the employee to take a temporary salary reduction to allow them / they to remain employed rather than be let go or laid off. Once the company rebounds or recovers, the salary should return to normal.
Hope that helped -
what does that mean?