Thread regarding DXC Technology layoffs

Will there ever be a significant round of pay raises?

I don't think there will be but I’m just wondering if there’s any optimist here who thinks it could happen.

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Post ID: @OP+1h35qUMH

14 replies (most recent on top)

Just leave people! You're trying to ice-skate up a hill trying to be recognised and appreciated at DXC.

I recently left and got 20% raise just for turning up. Unless you're near retirement just leave.

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Post ID: @idba+1h35qUMH

If you said the big chiefs earnt $50m between them and you gave them nothing but divided that equally among everyone else.... its US$384 each.

However if you look at CEO to median worker pay ratios here:

https://www.bloomberg.com/graphics/ceo-pay-ratio/

DXC is 650:1.... which is not the worst but its definitely out there as some of the biggest abusers.

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Post ID: @hnel+1h35qUMH

Michael J. Salvino

Of this total $1,250,000 was received as a salary, $5,000,000 was received as a bonus, s, $15,311,312 was awarded as stock and $171,808 came from other types of compensation. This information is according to proxy statements filed for the 2021 fiscal year.
https://www1.salary.com/Michael-J-Salvino-Salary-Bonus-Stock-Options-for-DXC-TECHNOLOGY-CO.html#:~:text=Executive%20Compensation&text=Of%20this%20total%20%241%2C250%2C000%20was,for%20the%202021%20fiscal%20year.

#MichaelJSalvinosucks #ISeeDXC

$21,733,120 Total Compensation
But their is no money for the people who actually do work!

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Post ID: @5phj+1h35qUMH

significant round of pay raises, You got to be kidding, the only raise you will see is if you climb stairs to the next level.

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Post ID: @4akv+1h35qUMH

Why would you even look at counter offer from DXC, If I found a better paying job I would leave in a heart beat. DXC could counter with almost anything and I'd leave. IF DXC counters that would be the last increase you ever see.

In my 50 Years in IT, this is the worst company I ever worked for. They don't know how to use the talent they have , they waste tons of money, the offshoring sinks as most say not my job, or there isnt a script for that and do nothing!

Software is not kept at supported levels , and that means security holes everywhere. As a Outsourcer we don't lead our clients tom what is best for them, we end up supporting tons of gear and software. How can you leverage people unless your pool that you support is small? You can't.

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Post ID: @3qut+1h35qUMH

Regarding a good raise the answer is in the name of the mike.

Shall we - "No"
Salvino

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Post ID: @3vpa+1h35qUMH

A colleague of mine was unhappy with his pay, applied for a similar role at a company accros the road from our building. Got the job, went to managers to say he was leaving / ask for a payrise.

Management panicked as he was an important part of the team and a loss of experience they weren't expecting to lose. They eventually offered him more money... but not enough to match or better the new job salary he had just been offered!

So he obviously left!

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Post ID: @2fsm+1h35qUMH

Take all the free training and there is lots of it. Then look for something outside of this sh*t ho-e company. Been here for 15 years and at 1st they were good to me, but as good managers were let go and now all we have is a-s kissers , nothing. Why don't I leave because retirement is less than 2 years away and I get health benefits that are better / cheaper than medicate, 10 days off every 2 months , sick time and best of all am not assigned much at all.

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Post ID: @aby+1h35qUMH

See https://csc.gcs-web.com/sec-filings all the millions in stock options given out today for steak cutter and the rest of the Ducking board

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Post ID: @bct+1h35qUMH

The only way to get a payrise is to threaten to leave when your leaving presents a significant problem for your boss, your boss's boss and maybe project directors etc.

If you try the "I will leave if you don't give me a payrise" routine at any other time,
you have to understand that you are nothing more than clueless expendable dog meat.

Heres how you have to do it

You wheedle your way into a critical client facing role, and you skillfully abuse it by blaming others for the project being behind / overrun / of poor quality / requiring re-write / dragged with extra client requirements .
Now, judge the right moment and threaten to leave. you know there is no immediate replacement and DXC will get fried when the client finds out.......you WILL get whatever you ask and ironically, the bosses WILL respect you for it too.

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Post ID: @plq+1h35qUMH

there is only way that I have heard of that could work as follows:

  • be working directly client in a critical/billable role (if the account is up for renewal all the better)
  • apply for a job outside DXC and get an offer in writing (assuming the salary is more than your DXC pay packet)
  • present to manager and tell him counter offer or I'll go.
  • You'll find out pretty quickly of there is scope for you to get a rise

seen it work......have also seen it fail if the difference between offer and what DXC are willing to pay

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Post ID: @pti+1h35qUMH

They will rarely occur across the board. Pay increases happen through a very daunting, tedious, and discretionary cycle that requires approval from the highest levels of management in the USA. Regardless of which region you're currently working in, it may take up to 4-12 months and that is IF management actually supports (you) the area of IT you're working in.

To know if you stand a fighting chance for a pay increase, be completely frank and ask the question (yes or no answer) directly to your manager in such a way that the question cannot be misinterpreted, avoided, or answered differently. If you get a straight yes or no, then you've got your answer. If you get a convoluted, wishy-washy, long-winded answer, then that's an absolute no.

Remember, DXC embeds an, albeit typical, but extreme American corporate culture - profit driven, obsession with share value, "part of the solution, or part of the problem" mentality, and continuous approval seeking from the public at large. Based on what I've observed thus far, either play into their culture game, or become technically proficient enough so that they cannot afford to lose you. For the latter, given the current market for IT professionals, you'd be bargaining from a position of strength.

Best of luck.

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Post ID: @myq+1h35qUMH

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