The senior leaders got their reviews didn't they?
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William L. Deckelman Jr.
Executive Vice President and General Counsel
$4,194,093
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#55
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Michael J. Salvino
President and Chief Executive Officer, Director
$28,716,680
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#45
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Mary E. Finch
Executive Vice President and Chief Human Resources Officer
$4,991,850
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#33
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Vinod Bagal
Executive Vice President, Global Delivery
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#64
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Kenneth P. Sharp
Executive Vice President and Chief Financial Officer
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Quiet quitting people... the role of employees when they are not happy and treated like thrash should be to do anything they can to bring down that company.
When Shouty took over from Lawrie many of us expected great things from him.
Lawrie was a slash-and-burn, cut, cut, cut style of leader who destroyed much of what had previously been a good company.
Shouty had a good track record before DXC, so we thought things would improve.
Reality: Shouty is continuing the Lawrie tradition of cutting, but whereas Lawrie made no attempt to hide what he was, Shouty started out by lying to staff, shareholders, and clients about how he would put people first and how he would build DXC up into the great company that it had the potential to become.
Reality again: Shouty is a blatant liar, who will shaft the company, its clients, and its employees just to ensure that he gets a nice big pay check. The good thing is that most of his pay comes in the form of DXC stock, which will shortly be worthless :)
"This is exactly what the ceo - CFO are saying though. They are answerable to the street and the shareholders"
No dividends - they don't give a CR@p about the Street or the shareholders either...
"I used to be one them managers who people described me as a brownosing yes man as I would try and sc--w over staff hoping to get a decent raise for myself but I realise now that I have also been screwed over. I know what its like now."
This is exactly what the ceo - CFO are saying though. They are answerable to the street and the shareholders.
" Don't blame the managers - we are equally taken aback by this duplicitous behaviour and not only feel kicked in the blx for ourselves, but also the people we DO care for. "
This sums it up for any manager that cares about their team.
We have 2 (two) kleptocrats taking care of people. Both have achieved absolutely nothing, again. What an embarrassment.
Mary Finch, Executive Vice President and Chief Human Resources Officer
Nadia Owens, Senior Vice President, HR Global Performance and Rewards
Agreed. We rated, submitted, backed-up, fought for approval, then got told to re-do and hold back 5% (allegedly for "future" pay raises!?!?!?)
BUT
have been working on WFR poolings for the past 3 weeks (assuming there would be a "quick exiting") then the raises would be paid.
Don't blame the managers - we are equally taken aback by this duplicitous behaviour and not only feel kicked in the blx for ourselves, but also the people we DO care for.
I'm out...
@hej+1iB9vzyf
That's because all the people managers did complete the merit rises for their staff and submitted their figures waiting for final sign off in July. Our line managers can only go on what they know.
For all you DXC'ers looking for "no-raise" SYMPATHY...you can find it between SYCHOPANT and SY-----S in the dictionary!! The DXC'ers who actually believed the LIE they were getting a raise are the SAME folks who believe GULLIBLE is not a real word. (it IS a word defined as EASILY FOOLED). Did you really think that rat-faced phuck was going to share his and his cronies largesse with YOU? Bwahahaha! You GET what you ACCEPT in life...remember that...
The execs have worked hard and turning around this place and deserve some remuneration and hence they got it. Next is the chance for rest of the employees.
I used to be one them managers who people described me as a brownosing yes man as I would try and sc--w over staff hoping to get a decent raise for myself but I realise now that I have also been screwed over. I know what its like now.
I'm not going to a yes man anymore, they can get rid of me if they want.
Apologies guys for screwing you when I was being a yes man.
Suppose there's one positive to take away from all this; Mike Laurie WASN'T the most dishonest person we could have as CEO...
What an utter disgrace! Our employees have had communications from our Line managers for weeks saying the pay review was happening and just waiting final approval. What is the point of having a performance review if high achievers are not rewarded. Even Workday was frozen for salary review planning. This is all to make the Q2 numbers look better and with the silence from our CEO and Exec Leadership this just fuels the rumours around the IBM takeover/merger more and more likely.
I don’t get it. We were being told in July the pay rise was ready to be signed off with money allocated. What absolute and utter sh--s.
Don't worry will be the same for us in the US.
These bar stewards have taken all the money for themselves, and now they are making out there isn't any money left for employees.
This needs publishing on platforms eg #DXCscrewsemployees
US still hasn't received an email. So it sounds like there is only no raises for UK.
The lying barsteward, i hope he and his family suffer for screwing us over.
EVERY SINGLE Town Hall that I can remember last year, Halbard provided FY updates. He never once said we were doing bad, if anything he said UKIMEA was exceeding.
So what happened? was he lying to us?
Where the feck are the useless unions?
You can’t say people are at the core of what we do for two years, then when a cost of living crisis and inflation strikes go awol after increasing your own pay but not the employees. It’s morally wrong. Is you want to turn people left wing working for DXC is a sure bet. What a dreadful email. No mention of any of the core value etc that have been spouted…
Total bull sh1t.
They have dug out an email from Mike Lawrie and just updated it and resent it out.
It's the same text, "we're doing well but we need to do more."
This company is rotten at the core.
"They will review the plan" just more b4ll.
How will they review the plan?, what are targets?, are the targets reasonable to achieve?, what are the plans in place to achieve the targets, are milestones been monitored and who is addressing any shortfalls, when will the review of the plan take place, will we get an update this month, next month to say if achieved and when the rise will be paid?
Absolute garbage, just to say we have taken the money at the top and screwed all of you.
More people leaving as this is a dead end company, see what happens then.
they managed to grab theirs in FY22 when it was supposed to be payed
https://www.execpay.org/news/dxc-technology-co-2022-compensation-3415
In 2022, five executives at DXC Technology Co received on average a compensation package of $9.6M, a 25% increase compared to previous year.
Michael J. Salvino, Chief Executive Officer, received $29M in total, which increased by 32% compared to 2021. 87% of Salvino's compensation, or $25M, was in stock awards. Salvino also received $2M in non-equity incentive plan, $1.4M in salary, as well as $239K in other compensation.
For fiscal year 2022, the median employee pay was $44,156 at DXC Technology Co. Therefore, the ratio of Michael J. Salvino's pay to the median employee pay was 650 to one.
Kenneth P. Sharp, Chief Financial Officer, received a compensation package of $6.2M, which increased by 112% compared to previous year. 79% of the compensation package, or $4.9M, was in stock awards.
Mary E. Finch, Chief Human Resources Officer, earned $5M in 2022, a 10% decrease compared to previous year.
William L. Deckelman, Jr, General Counsel, received $4.2M in 2022, which increases by 11% compared to 2021.
Vinod Bagal, Executive Vice President, Global Delivery, earned $3.9M in 2022, a 13% decrease compared to previous year.
DXC Technology Co's fiscal year ends on March 31.