I've worked in companies where it seems the financial year is driven entirely by one word.
Underspend.
Government departments sometimes receive a budget that - if they fail to spend it - means that they cannot carry-over the remainder into the next year and might even have their next year's budget reduced.
In February and March, therefore, there's a sudden surge of government spending with almost embarrassingly short negotiation cycles, as budget controllers desperately try to spend their money. Got a project with a convincing-sounding title? Underspend is waiting for you.
Then as the tax year ticks over at the beginning of April, there's a collective sigh of relief, and much talk of tender applications, followed by lengthy quiet periods across the summer while the entire government seems to disappear on holiday, then a burst of activity around the autumn, a break over Christmas and then an empty pit forms on the stomachs of budget controllers as they suddenly realise that all that careful management has left with, once again, with underspend.
For further actions, you may consider blocking this person and/or reporting abuse
We're a place where coders share, stay up-to-date and grow their careers.
I've worked in companies where it seems the financial year is driven entirely by one word.
Underspend.
Government departments sometimes receive a budget that - if they fail to spend it - means that they cannot carry-over the remainder into the next year and might even have their next year's budget reduced.
In February and March, therefore, there's a sudden surge of government spending with almost embarrassingly short negotiation cycles, as budget controllers desperately try to spend their money. Got a project with a convincing-sounding title? Underspend is waiting for you.
Then as the tax year ticks over at the beginning of April, there's a collective sigh of relief, and much talk of tender applications, followed by lengthy quiet periods across the summer while the entire government seems to disappear on holiday, then a burst of activity around the autumn, a break over Christmas and then an empty pit forms on the stomachs of budget controllers as they suddenly realise that all that careful management has left with, once again, with underspend.