Thread regarding DXC Technology layoffs

401K Match

Wow....so in Jan 2017 the max 401k match from CSC was about $6000. Now, from DXC, it's down to $5700. Think about how much money the company saved just from that little tweak.

by
| 1582 views | | 6 replies (last February 6, 2018) | Reply
Post ID: @OP+RvGDdM6

6 replies (most recent on top)

HP/HPE was 100% of 4%, vested after 3 years.

DXC was 50% of 6%, effectively a 3% match.

My new employer is immediate vestment with 100% match.

Get out while you can!

by
| | Reply
Post ID: @6xnq+RvGDdM6

HPE matched 100% up to the first 3% and then 50% of the next 2% I believe.

Wow. Talk about getting shafted.

by
| | Reply
Post ID: @1ztf+RvGDdM6

That's not how a 401K works...it doesn't matter how much the OP makes - he/she just maxed out the amount they can put in. Relax people

by
| | Reply
Post ID: @1rsg+RvGDdM6

DXC matches $0.50 for every dollar up to 6%, this is exactly the same as it was at CSC. You would think someone at your pay grade would know this.

by
| | Reply
Post ID: @1nbh+RvGDdM6

well, if your match is 5700 you were making 190000 a year = overpaid by DXC standards. s--- it up.

by
| | Reply
Post ID: @1zcl+RvGDdM6

Probably not as much as you think. You have to remember, a lot of people in DXC who are new are gonna be contractors who don't get benefits at all

by
| | Reply
Post ID: @qpy+RvGDdM6

Post a reply

: