View Poll Results: Are you paid on time?
Yup. Regular as clockwork, just like my stools
24
92.31%
A bit irregular, but the irregularity is consistent and now regular
1
3.85%
Some late payments have started - just one or two missed payments right now
0
0%
It's starting to worry me now - several missed payments
0
0%
I've sold the car to pay the school fees
1
3.85%
Voters: 26. You may not vote on this poll
Do you get paid on time?
#2
BE Forum Addict
Joined: Jan 2015
Posts: 3,520
Re: Do you get paid on time?
Always.
I work for a big firm with offices globally.
Wouldn't touch a local outfit with a ten foot pole.
I work for a big firm with offices globally.
Wouldn't touch a local outfit with a ten foot pole.
#3
Re: Do you get paid on time?
My motivation on these polls is to try and gauge the state of the regional economy.
#4
Re: Do you get paid on time?
Well I pay myself quite regularly so I cant complain
But as far as the IT sector goes, things are pretty bad right now.
It used to be an average of 1 company running away with creditors money a month for the past 3 years. That average has jumped to 3 companies running away every month since the past 3 months now. This month the average might go up as its only the 15th of the month and already 3 have run away. The top one taking about 50 mil AED with them. I know of atleast one who will leave by the end of this month, he already is undercutting like crazy. Anything and everything as long as he can get it on credit. Bad scene right now.
But as far as the IT sector goes, things are pretty bad right now.
It used to be an average of 1 company running away with creditors money a month for the past 3 years. That average has jumped to 3 companies running away every month since the past 3 months now. This month the average might go up as its only the 15th of the month and already 3 have run away. The top one taking about 50 mil AED with them. I know of atleast one who will leave by the end of this month, he already is undercutting like crazy. Anything and everything as long as he can get it on credit. Bad scene right now.
#5
BE Forum Addict
Joined: Jan 2015
Posts: 3,520
Re: Do you get paid on time?
Everyone knows hard times are coming. How can it not? Oil in the crappers, UAE agencies cutting budgets substantially, real estate sales down 50%.
I think we have another few months before it really manifests itself. March?
I think we have another few months before it really manifests itself. March?
#6
Banned
Joined: Oct 2015
Location: Luton
Posts: 1,162
Re: Do you get paid on time?
my previous local arab company paid me later every month by 2 to 3 weeks.
#8
BE Forum Addict
Joined: Jun 2008
Location: Abu Dhabi by body and Sydney by soul
Posts: 1,841
Re: Do you get paid on time?
A good friend's husband just left a joint local venture development company due to late cheques. It went up to 3 months late, this year.
#9
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Do you get paid on time?
Looks like I got out at the right time. Was severely pissed off about it at the time...
#10
Account Closed
Joined: Feb 2011
Posts: 0
Re: Do you get paid on time?
Always on time.
Can't imagine the stress of not receiving it on time and not knowing. A pal worked for a questionable contractor in Dubai before his current role and I warned him (turned out to be right) and it was a ****ing nightmare.
Can't imagine the stress of not receiving it on time and not knowing. A pal worked for a questionable contractor in Dubai before his current role and I warned him (turned out to be right) and it was a ****ing nightmare.
#11
Banned
Joined: Oct 2015
Location: Luton
Posts: 1,162
Re: Do you get paid on time?
I was told (and this might be complete bullshit) that if a company pays the employees late that the bank fines them
#12
Account Closed
Joined: Feb 2011
Posts: 0
Re: Do you get paid on time?
It's not great. Like i mentioned before I got paid late. I couldn't book holidays, couldn't plan anything. Because i just didn't have the confidence that the cash will be there
I was told (and this might be complete bullshit) that if a company pays the employees late that the bank fines them
I was told (and this might be complete bullshit) that if a company pays the employees late that the bank fines them
#13
Re: Do you get paid on time?
I think there are laws that mandate timely payment. They just introduced mandatory bank payments in Qatar to enable this but like so many things, enforcement is ???
#14
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Do you get paid on time?
It's not great. Like i mentioned before I got paid late. I couldn't book holidays, couldn't plan anything. Because i just didn't have the confidence that the cash will be there
I was told (and this might be complete bullshit) that if a company pays the employees late that the bank fines them
I was told (and this might be complete bullshit) that if a company pays the employees late that the bank fines them