AnotherWorld

Is the situation in your own countries that bad that you would rather take it up the bum in this one than go home?

saleca

Our company announced they would start retrenching on Thursday. After a horrible weekend, today people were called into an office one by one. No-one knew who would be called, I escaped the first cuts but have been told will be in the second cuts if no jobs come in.

No strategy..to cut anyones salary, no strategy to put people on part time..all very sad and dispiriting.

Who would come back to rebuild this place when the world returns to growth... the costs have been too great for anyone who has been here and tried to set up houses, buy cars, pay a years rent in advance, tortuous school fees and no permanent visa to stick around and see it out. The adventure has been a sad little nightmare of excruciating inflation and then the axe.

commander

Sorry to here this, me? I'd never set foot in the dump again

rowell

Keep looking on the bright side as "its nor over till the fat lady sings" as for a 10% pay cut this will only prolong the agony for another month! Whats the point.
Our company also called people in 1 x 1 it was like being on death row wondering if you were next!

BurpusMe

I have a suggestion -
Make the employee pay for the new labour contract.
Everybody wins!

IndieG

If it was in my hands, I would implement the cuts across the board but leave all staff earning below 10k alone. I suspect we are top heavy. I would also have a different % for each salary band. Which means that I would take a higher cut than the staff earning much lower than me. So for those people earning over AED 100k per month, I would cut 25%; 75 to <100k - 20%; 50 to <75k - 15% ....and so on.

We are probably going to lose around 2000 expat staff by March - think around 600 expat jobs already axed and it is very sad (I was told that the pay cut idea didn't go down too well among the non-expat staff). Staff are just dazed.

Hello.Kitty

yeah, but noone seems to be applying logic in these redundancies... I'd cull based on performance across the board, so that the staff who are left are the most productive and motivated, but hey...

IndieG

That would be ideal if the company has a proper/reasonably fair performance appraisal system in place. A majority do not. I have seen Managers give the same 'Satisfactory' /'Good' rating to 95% of their staff and just 1-2 staff (who are not necessarily good at their work) an 'Outstanding' rating. This is based on how well the "outstanding staff" suck up to their boss.

Hello.Kitty

hehe, yeah... must remember to switch off brain when trying to "understand" the management of companies here.

Anywhere else in the world, these places would have folded through sheer incompetence... says a lot for the extent of the bubble here.

niddy

Just curious: Those of you who have taken paycuts, did you have to sign a Ministry of Labour form? Also, I have heard that if your contract gets amended that you have to receive your gratuity entitlement as if you were terminated.

Blue Cat

correct on both counts.

Kim67

I know quite a few that have taken 10% paycuts.....a lady I know was pretty upset a couple of days ago, her husband who works for Emaar is being forced to take a 25% cut across his whole package.

Roadking

Bet that hurts...

Fairydust

My hubbys company hasn't made pay cuts but just increased the monthly hours required before overtime = take it that bypasses all of the legalities!!

Kim67

Well she certainly wasn't smiling when she told us the news poor bugger.