DXC Technology, the American IT services company, will focus on regularising increments and will also expand its India team further in 2021.
The focus is on regularising the pay review cycle, for which it is going to introduce the annual salary process review. Henceforth, the salaries will be reviewed relative to market as part of the performance assessment of employees. As a step in this regularisation process, the Company has already adjusted the base salaries of more than 47,000 of its employees. This month, it paid an annual bonus to its employees, as it had promised to do so in this financial year. Even employees who were not eligible for incentives were given the bonus.
To ensure more transparency, the Company has been organising regular global townhalls to allay the employees’ anxiety and fear amidst these uncertain and challenging times where paycuts, cost-cutting and downsizing were happening all around.
The Company, which has a 1,38,000-strong global workforce, employs about 40,000 people in India. To correct its weak performance it had been working on a three-pronged model. The first stage of the process was stabilisation, which has already been achieved in 2020-21.
Earlier this year, the Company —formed by merging Computer Sciences Corp (CSC) and the enterprise service wing of HP Enterprises — had revealed its intention to hire 7,000 in India, which houses its largest global innovation and delivery centre or GIDC. There are about 47,000 people across its global GIDCs located in Vietnam, Eastern Europe, Philippines and India.
Having geared up to enter the acceleration stage, in 2022, it plans to hire 8,000 freshers globally this year.