Almost all my colleagues have already left. Those who seemed to be quite comfortable here and planned to stay for a long time are also leaving.
This is a problem for me because I have more and more work, there is a lot of disorganization. However, DXC doesn't seem to view attrition as a problem at all?
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well if 24% attrition is not clearing out the staff quick enough they could always emulate the following news story from today (I was half surprised it wasn't about DXC when I saw it!)
https://www.theguardian.com/us-news/2021/dec/07/not-great-news-us-boss-fires-900-employees-on-a-zoom-call
It's not a problem. Mike has his head buried in the sand, and the yes men managers keep telling him its not a problem, we don't need to incentive or retain existing staff.
So they are happy for good staff to leave so they can pay more for recruiting outside staff.
Haven't you heard him say there's people wanting to come to dxc, very true why?
Because your paying them more money that's why they tell Mike they want to come, not for the enjoyment at DXC.
You all don't remember the late 1990's / 2000 when the job market was paying top dollar. Well its getting like that again, its an employee market now and people will leave even if the company was great, because they can get a lot more money and benefits .
The people who stay (like me ) are near the end of our working life and don't want the added stress of having to actually work, work weekends , nights and be on call. My job is boring as can be, but I get almost unlimited vacation, a pay check every few weeks , no on call , no weekend work.
It’s a problem and is going to continue to be a problem after the holidays into 2022, they are in some serious doo doo, mk2 and the steak cutter hope they enjoy their millions smh.
It would not be a problem if in 2016 the investment into common toolsets, automation and standardisation had happened... New management coming in assumes (probably justifiably) those base capabilities are 'baked-in' - there not! Every new deployment is like the first... I would not go back to DXC for all the Tea in China!
DXC requires strong experienced 'all rounders' to hold things together, attrition is a Mega problem @ DXC - probably more so than most.
M2 publicly stated on recent Townhalls was not a problem. Kinda reminds me of the Iraqi Information Minister during the Iraq War!
I see lots of folk leaving, experienced people who have a network of contacts and know how internal systems and processes work, these people can get things done. Depressing but entirely understandable given how employees were treated.
M2 had a chance to stem attrition with the payrises, these seem to have been almost universally met with derision - too little, too late - people leaving is the inevitable outcome.
Why would attrition be a problem?
You have all these expensive people leaving and cheap people arriving. Sounds like a sound strategy to me - unless, of course, you’re concerned by the experienced talent walking out the door and inexperienced replacements walking in. Now that’s a problem.
But attrition of expensive people? Nah.
Wonder why they don't replace some of the execs with grads.i would the biggest savings.
There's loads of grads who have done management courses and read loads of textbooks.
Seriously they ought to give it a try and the savings would be millions.
As for the decline Michael puts on a brave saying we have a problem, we don't have a problem.
We're happy to pay staff less and recruit new starters on more pay. Mo--nic but makes sense in some text book from the past.
Any firm that becomes a frustrating place to work in will have high attrition; stands to reason.The job market at the moment is paying large attractive salaries for digital IT skill sets, so why work at a toxic place for less money and be treated like garbage when you can go and get a lot more lucrative position elsewhere where you are valued? No brainier.
DXC don’t care as they know there are enough grads to flow in to replace those flowing out. But the lack of a consistent service and lack of knowledge retention will k continue to annoy their remaining clients and the share price will continue to lose its value.