On 30-Sep there was unconfirmed news that there will be a 10% salary hike all across the board. This is somewhat a goodwill gesture to all employees and also to retain staff as the current exodus will not be sustainable for the company.
10% is the minimum and it will be given to all.
there you go.. managers have won again ; they will now be distributing hikes only to their critical staff ; so much for professionalism and morale.
As per company books and records HP/HPE/CSC/DXC have been giving salary hikes every year for several years. The only thing that some employees havent seen salary hikes in years is because their managers were eating part of the employees hike amount as their own bonus.
Having been WFR'd earlier this year it's so tempting to join CSC ... then again I might decline the opportunity to work at Kaos.
I was laid off and got a new job within a month, I got an 18% salary hike before bonus.
D--k s--- technology isn't worth it.
managers have won again ; they will now be distributing it only to their critical staff ; so much for professionalism and morale.
@PB8zD4P-4mhw is right. It is for (across the) board (members). It is 10% or minimum 7 figures in USD whichever is higher. Rest of you know where you stand, so now go sit down.
I heard it was 110% across the board. I bet all those people who left like rats leaving a sinking ship will be kicking themselves now... who are the idiots now? lolol
I think it's more likely a '10% salary hike all across the board...members'
What the heck have you been drinking? And where have you been the last 6 months? Everything in DXC is about cutting costs nothing else matters. 10% pay rise for the Mike's yes I'd believe that but 10% pay rise for staff, not going to happen.
There is a 10% something coming. Expect it to be a head count cut, not a raise. We are not cutting costs in Q3 and giving raises.
A 10% pay raise across the board based on meeting one quarter's goals -- which are largely influenced by mass layoffs - makes no sense.
The payout would be in the Month of October 2017 for the quarter Jul-Aug-Sep 2017. DXC;'s stock hit its target of $82 as well as growth and revenues are on track.
Heard that senior managers worldwide in a global con-call were fighting to convert the payout to a bonus to be retained by/distributed to the management rather than a salary kind of thing for all.
Lawrie A.K.A Mr Burns, just wants an automatic service solution in the cloud supported by bionic call answering and online big data analytics to give back customer insights. They don't need this thing called 'People' anymore.
@PB8zD4P-1oxe If that's true and DXC acts on it, there will be a mass exodus of former HPE employees...which may be what Lawrie wants.
The disparity in pay between legacy CSC and HPE for the same type of job is probably > 20%. I would guess that CSC people may see a slight increase while HPE people would see a decrease. CSC did a job retitling a couple of years ago. What actually shook out was all the technical people saw there titles change for a lower one, even though their expectations did not. Those with experience were screwed because pay ranges relates to job title. If they tell you that job you do at your does account not require senior skills run the other way.
Oh, it's true! It's true!
I'll believe it if when it happens. When will this so called raise happen? Is what year, month , Universe???
Maybe Mikey is feeling guilty wearing 2 watches and wants to donate some of his bonus to the workers?. Alas the WFRs will increase in their frequency to recoup the lost $$$
DXC needs to stay open only because we need to keep all those type of folks in ONE PLACE so they won't contaminate other work places. if they leave. It's the kind of company that just needs to flounder, smolder and dwindle into DUM DUM Land.
I could totally see them doing a 10% cut across the board, but not an increase. They're greedy that way.
Even with a 10% salary increase, I would still leave. But I do not believe it one bit. 10% salary cut sounds more like the DXC way
Good one
@PB8zD4P-pqd : You mentioned "they got a thanks" from the management, "no monetary recognition" ... thats where the manager is your enemy.
he's eating from the same plate .. a 50% share, while you slog your arse to earn your meal, he's just being around "managing" you. how true.
Well this is by far the most nonsense thing I have read on here, and that is saying a lot.
No way going to give 10% rises across the board, UNLESS, and this is a big UNLESS, they make mighty profits over the next year.
HAHAHAHAH! What a cute dream you had. Wake up and smell the coffee..
Two things you always heard in CSC:
1) "Be thankful that you still have a job"
2) "We've just laid off some people so it would be unfair to give anyone (left) a raise"
Those "core values" I am sure have made it into DXC.
I'd imagine this "culture" is a shock for HPE folk, but we've lived under this regime for many years now...
10% raise so that this person can do 2 - 3 person's job? The gain is DXC. :D
Lol. Fake news.
Hilarious. Lets give the riches from the dead bodies to appease those still in captivity to convince them that life is good..ish.
When I was there - God, I still shudder when I think back to that place - they had a retention payment process which didn't work. It was only a few percent and required a full business case of why this person is critical to client; to business and the value they bring. "To top the client leaving...incurring penalties...to avoid legal action..." blah blah blah.
It was only a few percent and the answer was "no". No reason. Just rejected.
People left anyway, not because of the pay, but because of the low morale and depressing atmosphere and the fact that they'd worked their socks off (doing the job of 3 people) to save the day, only to be expected to keep doing it again and again.
I remember someone who worked silly hours, because their remaining team colleagues had been riffed and they felt scared and vulnerable that all the work would be on their shoulders. And it was!
They worked silly hours to mitigate what could have been a nasty legal litigation and risk exposures on large blue-chip clients. They were successful. God knows how, but they did it. They got a 'thanks. Well done' from their local management (all that local management could offer). But nothing from the Senior guys, who's assess were saved. They probably didn't even care. No monetary recognition. Not even a retention payment. Just the promise that you will have to keep doing this amid the fear that YOU could always be next on the chopping block. Rule by fear. Wonderful.
There's only so much goodwill; only so many favours, but when it becomes the norm that you are expected to cope with, then health suffers.
No coherent strategy. No idea of people management, just poor leadership from the top.
But hey - here's some cake, please stay a little longer and help stabilise the appalling attrition percentages. Oh yes, I am sure. Please! 2.5 Billion of savings and they want to take a gamble on giving 10% to 150K staff. Come one!
Question for the OP
Would you like to buy some Magic Beans?
Can we have some of whatever you are on. This would help us while away the days here.
If ML wants to shake off his slasher mage then he may. but fat chance
Probably a flat 10% Hurd cut.
This sounds like utter BS. Source?
Absolutely no frikkin chance of this happening!
What you have to remember of course is that DXC doesn't have one unified approach to anything.
Maybe one particular region or country or team will get this, but certainly in the UK we've been told "no pay raises at all, ever". Instead you've got a stupid Sharing Success bonus scheme and a chance to be nominated for a hundred quid prize per quarter for being a star performer... whoop
Big freaking deal. More federal tax, more state tax, more social security tax, in a higher tax bracket higher medical copays, higher contributions to health care costs. It's all in the plan. Since they dismissed enough employees they can now give a pay raise and MANIPULATE the little dumplings that are left. This is call SLAVERY or HUMAN manipulation and coerciveness. Very interesting for a college business analysis.