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Thread: Inflation Inflation! EK what to expect?
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Old 31st January 2008 | 23:37
  #47 (permalink)  
schismatic
 
Joined: Oct 2007
Posts: 66
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From: United Kingdom
This in 7 Days:

http://www.7days.ae/en/2008/02/01/ua...-rate-cut.html

This in Gulf News

http://www.gulfnews.com/business/Ban.../10186459.html


Its going to get a whole lot worse.....
Like previous years any salary review will bring us slightly short of where we were this time last year and for the rest of the year savings will be diminished. This has been going on for at least 10 years to the point where a joining F/O is earning half of what he did ten years ago when adjusted for inlflation.
Last edited by schismatic; 31st January 2008 at 23:50.
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