Did anyone else receive similar email from HR asking employees to take/record annual leave a minimum of 5 days for Q1-18 in the month of June so that the company can paint a favourable financial result for the Quarter? And this is tracked and monitored on a weekly basis. So now we have to be forced to take leave just to make the books look good? What about the deliverables and deadlines then? And why can't we plan our leaves without having draconian styled corporate breathing down our necks??
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Happens in the UK every bloody year for CSC.
That and total expense freezes, just to frig the numbers and trigger executive bonus payments.
Possibly. We're as likely as anyone to be targeted. Involuntary redundancy in Australia usually means 4 weeks notice (5 if you're over 45), 2 weeks pay for each full year of service, all outstanding annual leave to be paid out unless taken, and whatever long service leave you're entitled to (0.867 weeks per year of service after 5 years).
CSC did a liability dump in Australia a few years ago. Probably due for another one.
Hmm Aussie employees ... more likely to be targetted for a WFR?
May not make sense in the US, but in ANZ and AMEA there are guaranteed minimum working conditions that include leave for permanent employees. In Australia, it's 10 days sick/carers and 20 days annual. Company can't remove that from your workplace contract.
"Unpaid leave in the company books is treated as liability " Since we don't accrue vacation time any more, this makes no sense. There is no liability for vacation time in North America
They are asking you to book leave. They aren't asking you to stop working............
What an absolute shambles. My redundancy payoff is split between a deposit account at the bank and a lump sum in my pension while I earn more on a Contract elsewhere.
The wise would follow suit
Unpaid leave in the company books is treated as liability - hence this is done by some companies to the reduce the liability on the books .
How does this financially benefit the company? Are you in AMEA not paid by DXC when on vacation ?