Thread regarding DXC Technology layoffs

DXC Misses Making August Pension Deposits ?

DXC seem to have missed making the August payroll employee pension contributions in the UK. is this, coupled with a freeze on hiring , no pay rises or merits for another year and the freezing of the employee recognition scheme, another sign that DXC is facing a liquidity problem and rapidly spiralling in to a spectacular collapse?

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| 1951 views | | 13 replies (last September 20, 2023) | Reply
Post ID: @OP+1oFo4W7x

13 replies (most recent on top)

My payment is showing as being made on 1st September as normal

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Post ID: @2ibl+1oFo4W7x

Pensions is the only things that DXC is messing up - how about basic pay not rising with inflation and falling even more to keep up with their competitors and the job market.

Time for mikey to cash in his chips and move on

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Post ID: @1jao+1oFo4W7x

Payment has been made today to my account with Scottish Widows.....shambolic DXC.

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Post ID: @1wpc+1oFo4W7x

Sorry, let me translate that into septic for you... They haven't paid into someone's 401k when they should.

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Post ID: @1wcq+1oFo4W7x

Pensions in this day and age. You guys must all be having lots of fun. No wonder, when you guys get into a meeting, there is no interest to close an action item - it is just blah blah blah talk.

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Post ID: @1gam+1oFo4W7x

pension you all from the UK are spoiled little brats

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Post ID: @1xpi+1oFo4W7x

DXC in the UK has a number of different pensions schemes, in fact there is a consultation (LOL, right like we have any say in this whatsoever) about pension providers and so on.

OP doesn't say which scheme they are in, the legacy ES one with Scottish Widows for me at least shows Employer (and Employee) contributions going in as normal in August.

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Post ID: @uov+1oFo4W7x

Please open a ticket with Sunek.

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Post ID: @bvt+1oFo4W7x

Has anyone spoken to HR regarding this?

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Post ID: @voe+1oFo4W7x

Just seen this , so checked my pension fund .... grrrr my August deposits haven't been made DXC; or at least no contract note visible; , neither their contribution nor my contribution.

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Post ID: @sxr+1oFo4W7x

I thought the August problem had all been sorted, not my pension scheme so just repeated what I saw online.
The December pension change is completely unrelated and something else entirely

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Post ID: @wdt+1oFo4W7x

No, the pension provider change is still under consultation "Supposedly" but has an announced start date of December 1st. Even then it isn't clear what will actually happen to the funds already invested with the current provider. DXC propose to start everyone one off contributing to a new scheme. Transferring funds from one to the other is bound to cost the future pensioners money.

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Post ID: @jfn+1oFo4W7x

Isn’t the pension thing because they have changed providers?

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Post ID: @xxw+1oFo4W7x

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