I assume that everybody who asks for a pay increase because they are being hammered by the weak USD, will be asking for a pay decrease when the USD strengthens again? Is it only the Europeans that should get ERP?
XYZ should protect the 'promised' salary in accrdance with forex fluctuations to 'protect' the employee!!
Was the promised salary in AED or in another currency? What does the employment contract say? Again, if the forex goes the other way, a pay decrease would then be in order?