Companies cut Housing Allowance
Jan 18th 2009, 5:12 am
#1
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Companies cut Housing Allowance
Companies in Dubai are cutting accommodation allowances and even preferring single employees to married ones as they try to contain costs.
Middle-ranking management employees, who were accustomed to being offered up to Dh190,000 (US$51,700) a year for living expenses, are now being offered Dh100,000 or less.
Employers also are reported to have cut the accommodation budgets of employees by an average of 60 per cent, leading to “unpleasant incidents” with landlords unwilling to give back deposits .
Surely, employers can't cut an employee's allowance (as reported) half way through a lease contract signed when rents were high
http://www.thenational.ae/article/20090112/BUSINESS/616042961
Middle-ranking management employees, who were accustomed to being offered up to Dh190,000 (US$51,700) a year for living expenses, are now being offered Dh100,000 or less.
Employers also are reported to have cut the accommodation budgets of employees by an average of 60 per cent, leading to “unpleasant incidents” with landlords unwilling to give back deposits .
Surely, employers can't cut an employee's allowance (as reported) half way through a lease contract signed when rents were high
http://www.thenational.ae/article/20090112/BUSINESS/616042961
Last edited by IndieG; Jan 18th 2009 at 5:14 am.
Jan 18th 2009, 6:49 am
#2
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Joined: Feb 2007
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Re: Companies cut Housing Allowance
I agree!! terrible behaviour 
Jan 18th 2009, 7:10 am
#3
why ayeeeee man!
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Re: Companies cut Housing Allowance
Companies in Dubai are cutting accommodation allowances and even preferring single employees to married ones as they try to contain costs.
Middle-ranking management employees, who were accustomed to being offered up to Dh190,000 (US$51,700) a year for living expenses, are now being offered Dh100,000 or less.
Employers also are reported to have cut the accommodation budgets of employees by an average of 60 per cent, leading to “unpleasant incidents” with landlords unwilling to give back deposits .
Surely, employers can't cut an employee's allowance (as reported) half way through a lease contract signed when rents were high
http://www.thenational.ae/article/20...NESS/616042961
Middle-ranking management employees, who were accustomed to being offered up to Dh190,000 (US$51,700) a year for living expenses, are now being offered Dh100,000 or less.
Employers also are reported to have cut the accommodation budgets of employees by an average of 60 per cent, leading to “unpleasant incidents” with landlords unwilling to give back deposits .
Surely, employers can't cut an employee's allowance (as reported) half way through a lease contract signed when rents were high
http://www.thenational.ae/article/20...NESS/616042961
Jan 18th 2009, 10:00 am
#4
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Joined: Jan 2009
Posts: 100
Re: Companies cut Housing Allowance
When I was made redundant in December, I contacted all my contacts in various agencies in the UK, and also agencies in Dubai.
At that time, none of the big Contractors were employing, and those that were recruiting, were in the M&E field. Salary on offer, for an Expat Senior Q.S. circa AED20-25k per month, NO accom allowance, NO car allowance etc.
No chance!
At that time, none of the big Contractors were employing, and those that were recruiting, were in the M&E field. Salary on offer, for an Expat Senior Q.S. circa AED20-25k per month, NO accom allowance, NO car allowance etc.
No chance!
Jan 18th 2009, 10:16 am
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Jan 18th 2009, 10:25 am
#7
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Re: Companies cut Housing Allowance
All the very best!
Jan 18th 2009, 10:27 am
#8
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Re: Companies cut Housing Allowance
Jan 18th 2009, 10:33 am
#9
why ayeeeee man!
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Jan 18th 2009, 10:37 am
#10
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Joined: Jul 2008
Posts: 219
Re: Companies cut Housing Allowance
Companies in Dubai are cutting accommodation allowances and even preferring single employees to married ones as they try to contain costs.
Middle-ranking management employees, who were accustomed to being offered up to Dh190,000 (US$51,700) a year for living expenses, are now being offered Dh100,000 or less.
Employers also are reported to have cut the accommodation budgets of employees by an average of 60 per cent, leading to “unpleasant incidents” with landlords unwilling to give back deposits .
Surely, employers can't cut an employee's allowance (as reported) half way through a lease contract signed when rents were high
http://www.thenational.ae/article/20...NESS/616042961
Middle-ranking management employees, who were accustomed to being offered up to Dh190,000 (US$51,700) a year for living expenses, are now being offered Dh100,000 or less.
Employers also are reported to have cut the accommodation budgets of employees by an average of 60 per cent, leading to “unpleasant incidents” with landlords unwilling to give back deposits .
Surely, employers can't cut an employee's allowance (as reported) half way through a lease contract signed when rents were high
http://www.thenational.ae/article/20...NESS/616042961
Dubai employers not respecting the terms of contracts or rule of law - who would have thought!
I think we have gone from the "it wont be bad here" phase to the "omg its terrible here, but it wont happen to me" phase.
The bad news - if you are in the UAE and within reach of arab screwing over you will be affected.
Its a no brainer - if they treat expats that shabbily in the good times god help you in the bad times!
Jan 18th 2009, 10:42 am
#11
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Joined: Feb 2007
Posts: 29,625
Re: Companies cut Housing Allowance
Dubai employers not respecting the terms of contracts or rule of law - who would have thought!
I think we have gone from the "it wont be bad here" phase to the "omg its terrible here, but it wont happen to me" phase.
The bad news - if you are in the UAE and within reach of arab screwing over you will be affected.
Its a no brainer - if they treat expats that shabbily in the good times god help you in the bad times!
I think we have gone from the "it wont be bad here" phase to the "omg its terrible here, but it wont happen to me" phase.
The bad news - if you are in the UAE and within reach of arab screwing over you will be affected.
Its a no brainer - if they treat expats that shabbily in the good times god help you in the bad times!
Jan 18th 2009, 10:49 am
#15
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Joined: Jul 2008
Posts: 219
Re: Companies cut Housing Allowance
The govt needs to get some advice from someone like roubini and take some action before the economy gets alot worse.
