Ferrari Formula 1 team WHAT NEXT!!
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Ferrari Formula 1 team WHAT NEXT!!
Fu%^ing heard it all now....
Etihad Sponsoring Ferrari for 3 years, we're asking for simply; housing to be a 'little' better, perhaps a 'little' provident fund, slightly better on the school fee's.....
What do we get in return, Didldy S^$t!!....battling with high rate of inflation crashing forex everywhere how do we get on with it??
Wel Done Lads
keep up the money spending campain!
Etihad Sponsoring Ferrari for 3 years, we're asking for simply; housing to be a 'little' better, perhaps a 'little' provident fund, slightly better on the school fee's.....
What do we get in return, Didldy S^$t!!....battling with high rate of inflation crashing forex everywhere how do we get on with it??
The worlds best Airline to really Piss You Off... 
Wel Done Lads
keep up the money spending campain!
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sispanys riaWhat does Etihad have to do we inflation and your expact euros or pounds expenses ?
Simple.... 2006-7 we were (Capt) earning somthing like Euro 8500 (rate of exchange) this year or rather to date Euro7200, the 'COUNTRIES' Rate of inflation into 2 digit numbers.
As were pegged to the wonderful US$ everything's gone tits up! More expensive!
What does Etihad have to do with it? EVERYTHING! Salary remains the same that equates to loosing money, cost of living marked up by at least 40% since last year, that also equates to losing even more money.. Capice Amico Mio!
Simple.... 2006-7 we were (Capt) earning somthing like Euro 8500 (rate of exchange) this year or rather to date Euro7200, the 'COUNTRIES' Rate of inflation into 2 digit numbers.
As were pegged to the wonderful US$ everything's gone tits up! More expensive!
What does Etihad have to do with it? EVERYTHING! Salary remains the same that equates to loosing money, cost of living marked up by at least 40% since last year, that also equates to losing even more money.. Capice Amico Mio!
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Inflation and cost of life is same for everybody in UAE, I guess your main problem is the exchange rate, and this has nothing to do with Etihad. You are not paid in Euros because you are not in Europe. If you want Euros, get a job in Europe and don't blame local companies.
If earning the equivalent of 7200 euros is a reason to complain, then i wouldn't mind to have such big problems !
If earning the equivalent of 7200 euros is a reason to complain, then i wouldn't mind to have such big problems !
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Why the hell should he consider the exchange rates ?
When you go abroad you have to accept local rules and conditions. Why would the expats get a special treatment !?!?!
Colonies are over by now ! Wake up !
When you go abroad you have to accept local rules and conditions. Why would the expats get a special treatment !?!?!
Colonies are over by now ! Wake up !
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Look at where a big majority of pilots come from then you might understand why folks are concerned about exchange rate protection.
What has colonies got to do with it?...step outside your little bubble and see the real world!
What has colonies got to do with it?...step outside your little bubble and see the real world!
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No Flare, the reality is that UAE is an Arab state with 70 % of foreign population in Dubai. Do you think all of them should get an increase due to exchange rate ? Did you increase your maid ?
Do you seriously think Europeans living in the states are crying like babies to get an increase due to the exchange rate ? I'm not really sure of that...
Ask yourself why did you move in the sandpit. In the real world money doesn't grow on trees. Some are loosing, some are winning... too bad for the greedy ones, but it's part of a man's life to assume such decisions.
Do you seriously think Europeans living in the states are crying like babies to get an increase due to the exchange rate ? I'm not really sure of that...
Ask yourself why did you move in the sandpit. In the real world money doesn't grow on trees. Some are loosing, some are winning... too bad for the greedy ones, but it's part of a man's life to assume such decisions.
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If inflation exceeded 10% in Europe, North America or Australia there would be a HUUUUUUUUUUUGGGGGGGGGGGEEEEEEEEEE uproar and you can be sure that pay raises would be called for on a massive scale.
When inflation moves above 2-3% it results in direct moves by the governments and central banks. The US dollar is so low now primarily because of the lowering of rates in the US as they fought inflation (though now it has to do with liquidity).
German workers are calling for large wage increases due to higher food prices.
Finally, the exchange rate has moved so significantly in the last year or so that you can hardly consider it 'normal or average'. So, yes, I do expect the companies in this part of the world to make some changes to their pay scales and the governments to take action.
When inflation moves above 2-3% it results in direct moves by the governments and central banks. The US dollar is so low now primarily because of the lowering of rates in the US as they fought inflation (though now it has to do with liquidity).
German workers are calling for large wage increases due to higher food prices.
Finally, the exchange rate has moved so significantly in the last year or so that you can hardly consider it 'normal or average'. So, yes, I do expect the companies in this part of the world to make some changes to their pay scales and the governments to take action.
Last edited by Trader; 15th Mar 2008 at 08:47.
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sispanys ria
Inflation and cost of life is same for everybody in UAE
Inflation and cost of life is same for everybody in UAE
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sispanys ria,
You must be wealthy or totally out of your mind. EY, EK, QR or any other Gulf company is not responsible for the devaluation of the $, but then what does one do? Keep things as they are? Implode? Explode?
To me, your present income still covers your expenses otherwise, you wouldn't be having this speech.
The $ devalued 30 cents versus the € in the last 5 years, inflation and cost of living here (mainly supermarket stuff) went up some % and companies did not increase salaries greatly except at the very top (management level). Isn't this a paycut? Just remember and in simple figures. For a 50,000$ monthly earner, a yearly increase of 10% in foodstuff isn't the same for a 5,000$ one.
Keep standing where you are and bragging your unminced words and you'll see what you'll be in few years. What goes around comes around.
You must be wealthy or totally out of your mind. EY, EK, QR or any other Gulf company is not responsible for the devaluation of the $, but then what does one do? Keep things as they are? Implode? Explode?
To me, your present income still covers your expenses otherwise, you wouldn't be having this speech.
The $ devalued 30 cents versus the € in the last 5 years, inflation and cost of living here (mainly supermarket stuff) went up some % and companies did not increase salaries greatly except at the very top (management level). Isn't this a paycut? Just remember and in simple figures. For a 50,000$ monthly earner, a yearly increase of 10% in foodstuff isn't the same for a 5,000$ one.
Keep standing where you are and bragging your unminced words and you'll see what you'll be in few years. What goes around comes around.
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sispanys ria
What we are all saying here, if you haven't seen the picture... The majority of us left Europe and the likes of to perhaps persue our career and makes things a tad better than what they were..
Leaving your 'normal' country of domocile and yes that does include debts etc someone has to pay them back. Now, when you joined XYZ company/airline etc, you knew and planned your budget accrdingly, now/today/tomorrow, exchange rates are unpresedently bizare! how do you budget for your liabilities back 'home' and your day to day living in the UAE... I'm not talking about how you'll budget your next Cayenne or X5..
What the lads are saying, XYZ should protect the 'promised' salary in accrdance with forex fluctuations to 'protect' the employee!!
What we are all saying here, if you haven't seen the picture... The majority of us left Europe and the likes of to perhaps persue our career and makes things a tad better than what they were..
Leaving your 'normal' country of domocile and yes that does include debts etc someone has to pay them back. Now, when you joined XYZ company/airline etc, you knew and planned your budget accrdingly, now/today/tomorrow, exchange rates are unpresedently bizare! how do you budget for your liabilities back 'home' and your day to day living in the UAE... I'm not talking about how you'll budget your next Cayenne or X5..
What the lads are saying, XYZ should protect the 'promised' salary in accrdance with forex fluctuations to 'protect' the employee!!
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XYZ company has nothing to do with your choice of life.You played a strategy game that is now returning against you. I understand it brings troubles and that you can be upset. But the company doesn't necessary have to support your personal problems. If you, pilot, are not able to sustain the cost of life, what about all the ground staff ? They also are expats.
I repeat my question: have you heard of ANY US company raising salaries of European expats ? Of course NO. National employees have been raised. So what ?
Are you jealous because this government is doing things yours couldn't ?
The situation is bad for all of us, and expat pilots are not suffering more than Pakistanis or Philippians. You have a salary, a family life, and not so bad working conditions. I am not gonna blame you. Many pilots in Europe are suffering a lot more, don't forget it please, because it is hard to read it. For your information, food in Choitram is costing exactly like in France, and salaries are half of yours (for those who have the job).
You are not loosing everything, just some of the privileges you had for few years.
And please, if you didn't increase your maid, don't come here to complain.
I repeat my question: have you heard of ANY US company raising salaries of European expats ? Of course NO. National employees have been raised. So what ?
Are you jealous because this government is doing things yours couldn't ?
The situation is bad for all of us, and expat pilots are not suffering more than Pakistanis or Philippians. You have a salary, a family life, and not so bad working conditions. I am not gonna blame you. Many pilots in Europe are suffering a lot more, don't forget it please, because it is hard to read it. For your information, food in Choitram is costing exactly like in France, and salaries are half of yours (for those who have the job).
You are not loosing everything, just some of the privileges you had for few years.
And please, if you didn't increase your maid, don't come here to complain.