Do you feel you are getting screwed over again with the new bi-weekly pay schedule?
Jan pay seems half of Feb, and you get your full sal only if you stay in this place for the full year.
This seems another brilliant idea of M* to milk attrition (like 401k) from whoever is laid off before year ends
@fkod+1liFjMVM - absolutely right? If only they understood the yearly pay is the same, just the disbursement schedule changed a bit, this company would be in a different place. Most people cannot understand this simple thing in a technology co. hence we are where we are.
Your yearly pay is the same. Can't you figure that out by now ?
No, your yearly pay is the same. How ducking stupid are you L-HPE people !
I've said it before about HP, but it seems the same for DXC now, but if they spent as much time and effort on making the customers happy, as they did on screwing their employees, they'd have no need to sc--w over the employees as the business would be doing just fine.
There used to be a saying back in the 'old days' - If you take care of the employees, the employees will take care of the customers, and the customers will take care of the business.
Bi weekly pay, if paid on a Wednesday or Thursday results in 27 pay cycles once every 11 years... it happened a couple of years back for me. A welcome present, and there ain't too many of them...
Odd. Back when DXC (then CSC) bought UXC Eclipse, we were on twice-a-month (1st / 15th) pay. When DXC decided to squash everything good out of UXC, we went to biweekly, and as an added kick in the teeth we didn't see any pay for six weeks (because DXC always pays 4 weeks in arrears). So I'm not sure what has changed here; this sounds like the way DXC has always worked: if you see an employee, kick them hard.
Keep tapping the employee for more DXC. I'm sure it will work well. We already have the 401k game, the unlimited vacation scam, now onto the bi-weekly pay. We've already forced byop to some extent, expecting folks to be on call backed by a pi-s poor data plan.
Up next, buy your own PC please, and transfer that to your replacement on exit. Sign this new contract with zero weeks severance. Tell us more about 'taking care of our people' please.
Biweekly as opposed to monthly or semi-monthly pay is a way for DXC to slow down their outgoing cash flow.
Over every 6 month period you do get the same pay, but you are always a few days behind (increasing by a few days every month) until month 6 when a catch up pay brings it all back into line.
Month 1 you get 2 biweekly pay packets and same for Month 2 and so on but these only cover 14 days each and there on average 30.5 days in a month. So you are in effect falling behind in pay by an increasing amount each month. In Month 6 you get 3 biweekly paypackets and you have caught up with the arrears.
Then the whole process starts again. So when you leave make sure its at the end of month 6 or month 12 or month 18 etc!
DXC (not sure if its only for CSC folks) used to have Semimonthly Pay Schedule, but now its changed to Biweekly from this year. The total salary itself wont change, but the pay schedule changes.
It was promised there no difference. However, all said and done, you wont get full benefit if you do not stay the whole year. Case in point.. whole of Jan, you get only about half of what you received the month prior. It may get adjusted at some point later in the year.. but who knows when that happens.
Its similar to the 401k contribution company makes on your behalf for retirement. If you leave or get fired without completing the whole year, its gone as well.
Cant believe the lengths this company will go to shaft its employees. This is on top of no living wage increases etc many have talked over multiple times
Please explain to EMEA folks what is happening here ...
Is this for real?
No, your yearly pay is the same. How ducking stupid are you L-HPE people !
Finally you guys got the plot. You guys are really getting smarter. Good for you folks.