CSC freezes UK pay
CSC will freeze pay for all UK staff this year in a bid to survive the recession, managers have been told.
It's the latest in a series of cost-cutting measures for the outsourcing firm, which have included compulsory unpaid leave, Christmas bonuses being replaced with a mince pie and extensive job cuts. Pay was also frozen in 2006.
CSC confirmed the latest move in a statement:
CSC can confirm that, after careful consideration, there will be no pay rises as a result of this year's review of salaries.
This will apply to all UK employees, including CSC's most senior executives. The freeze will help us come out of this recession in a strong position providing real stability for our employees and clients.
Our source said managers were told to communicate the pay freeze to staff verbally, because of a series of email leaks which "We are fed up reading about on The Register".
CSC declined to comment on that point. ®