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Reasons why I want to join Emirates

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Reasons why I want to join Emirates

Old 6th May 2008, 17:22
  #21 (permalink)  
Join Date: Dec 2007
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Hey Habibi !! you sound like you've been there for a while... question...for the long term.... which one is better....EK or EY .. I applied to both recently.
tucano01 is offline  
Old 6th May 2008, 20:59
  #22 (permalink)  
Join Date: Mar 2004
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Stating numbers is meaningless unless it is measured relative to costs.

If I were earning a Million Dirhams a month but it cost me a million to scrape by then the salary would be rather useless. After all if you cannot put something away for when you are unable to work, then the whole exercise is somewhat pointless - unless you plan for your kids or the state to support you.

For accurate assessments, salaries must be measured against costs. Salary increases must be measured against accurate inflation.

On this scale Emirates is in a downward spiral. They are not the only airline - I know.

Some examples of earning attrition:

Three years ago the EK housing allowance was 126K a year. You could rent a decent 4 bed villa for about 130K. Today the EK allowance is 142K a year and the same villa will cost a min of 240K a year. So the allowance has gone from 97% of the cost to 59% of the cost.

So much for housing. Lets take something basic. Water:

A year ago 5 gal of drinking water cost 6 Dhs - Today I was informed it was 8 Dhs. This apparently due to the increased cost of labour and diesel. That's a 33% increase on a basic and essential commodity.

This will happen progressively with other goods and services. With oil at $122 a barrel and the Dirham pegged no-one has to be a genius to see that even a salary increase this year of 20% will be negated by the end of the year. Oil has climbed over 20% since the beginning of the year. This cost WILL be passed on.

This only considers the cost of transport let alone the increase in price in itself - for all commodities.

This will be an extremely tough year in the UAE. Sure there are worse jobs and places but anyone coming here should do more than the maths for today. They should examine the trend and extrapolate it for the coming year.
disconnected is offline  
Old 7th May 2008, 04:27
  #23 (permalink)  
Join Date: Jan 2005
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Exclamation VAT next year

Hey Disconnected you forgot to mention that VAT is around the corner, mentioned here in the Gulf News 2006 now todays paper saying likely start date early 2009 with a rate of 3% to 5 %
uplock is offline  
Old 7th May 2008, 06:46
  #24 (permalink)  
Join Date: Feb 2007
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Hey uplock. VAT ain't too bad, they say. They take away the customs duty and replace it by VAT, saying that the articles themselves stay at the same price.
The customs duty was payed by the retailer, he will no longer have to, VAT is payed by the customer, he will continue to pay the same, the gov will gat VAT, so it's cost neutral..........

What WILL effectively happen:
Everything of the above, but the retailer will ADD VAT to the product thinking he is perfectly entitled to, as this is a new tax, he pretends.
So: Gov happy, same revenue, customer pi$$ed, 5% increase, retailer more than happy, 5% in his greedy pocket.
Cost neutrality a la ME.
GMDS is offline  
Old 8th May 2008, 16:02
  #25 (permalink)  
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Yeah but compare what DOHA and DUBAI as a city has on offer... id rather be in Dubai!
Aussie is offline  
Old 8th May 2008, 16:21
  #26 (permalink)  
Join Date: Nov 2007
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I guess Doha is for the single guys. Don,t know any ladies who wanna go over there. Mine would put in the divorce papers for sure! Better stick to DXB then.
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