UK Budget Jokes

This scenario doesn’t apply at DXC because my salary won’t increase!! It goes to show how DXC is an outlier when it comes to rewarding employees.

On a salary of...
£ 35,000

You pay £6,280 in tax and national insurance each year.

By 2031, the OBR expects your salary to have risen to about £40,647, excluding any promotions or job changes, as wages rise roughly in line with the cost of living.

At that point, your annual tax bill will be £7,862. That's £1,581 more than you're currently paying, and £215 more than you would have paid if thresholds increased with inflation after 2028 as they were previously expected to.

Your effective personal tax rate is now 17.9%. It will have reached 19.3% by 2031.

If the thresholds hadn't been extended today, it would have reached 18.8%.

#Compensation #Culture #EmployeeRelations #Layoffs #Morale

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@13f DXC’s clearly been taking tips from the UK government’s “fiscal drag” strategy — except it’s been applying it to salaries for years. Honestly, I don’t even care anymore. What does grate, though, is how massively different the pay is between people supposedly doing the same job. I wouldn’t mind if those earning 25% more actually delivered 25% more… but IMO they don’t.

I recently had an email advising that my working week was increasing by 30 mins to 37.5 hrs , result! finally I get paid something for some of the travelling time I do - its almost a payrise

Trust me, and I'm not from the OBR, but your salary at dxc definitely won't increase. If you're on 35k now ( and your a lucky b*stard, because that's a big wage at dxc) by 2031 you'll still be on 35k. But on the plus side, that could be the minimum wage then, so at least you'd then get a rise going forward.

By 2031, the OBR expects your salary to have risen to about £40,647

OBR obviously does not know about DXC and their famed salary "reviews" that occur less frequently than Olympic games. If you are on £ 35,000 today then in 2031 if you are still at DXC (if there is indeed a DXC by then) your salary will be £ 35,750

I know engineers that have 10 year experience, leading projects, designing LLDs and still on less than that in here. You need to leave and come back or just get out.

This company is a joke. They don't deserve to have any government contracts.

Thread regarding DXC Technology layoffs

UK Budget Jokes

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