PPRuNe Forums - View Single Post - EK - Exchange Rate Protection Values Halved- New Joiners Be Warned
Old 28th Jan 2008, 17:46
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sandpitslave
 
Join Date: Jan 2008
Location: sandpit
Age: 73
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EK - Exchange Rate Protection Values Halved- New Joiners Be Warned

New joiners be warned that the ERP values EK are advertising are false (maybe they just forgot to alter them).

From Jan this year the value of ERP has halved as the historical value of the Dhirham versus your home currency has been changed by the company.

For UK sterling the value of this payment is now only 40% of what I got in my dec pay check. Like everything elkse in this choclate coated dog sh*t company they did not tell me this.

Does not apply to US citizens as the UAE Dh value is fixed to the us$

What a nice way to start the year a 4.4 % pay cut.

Already looking to move back to easy, heavy new aircraft, they can shove them where the sun doesn't shine. Back to easy for me, easy it may not have been but at least I had a Union and a CAA who would not put up with the **** they pull here and a court I could sue them in.
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