Pay rise over two years - 1st year Captain up 3,500 PCM. Transport up 900, furniture allowance gone for last 3 months therefore minus 900. Assuming with flight pay 40,000 PCM the increase was around 9%. Inflation last year 11%, this year so far 14% (figures from Gulf Times). Forget the housing allowance that is still under the going rate for decent accomodation. Without getting too complex with compound interest etc. Pay drop over last two years around 16%
not including extra paid out for housing last year if your rent was over 6,500 (The old housing allowance)
When the pay rise was announced, 90% shouted from the roof tops in joy.
