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| Will HCT teachers get 70 % pay hike in Jan 2008? |
| Yes |
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0% |
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| No |
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21% |
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| Less than 70% |
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42% |
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| Nothing |
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36% |
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| Total Votes : 19 |
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Ed Dueim
Joined: 12 Nov 2006
Posts: 6
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 Posted: Tue Dec 11, 2007 5:52 am Post subject: Speculation - Idle but entertaining |
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Married teacher with couple of kids working for HCT...value of my contract - salary plus allowances- is around 460k Dhms per year. Not bad. Inflation, declining dollar value, etc make HCT-UAE less of a gravy train than 10 years ago...but it's still a great deal & not a bad place to work. Weird management decisions etc...try the corporate world anywhere for real lunacy in that dept. and far less holidays...
70%...well if you don't expect anything you won't be disappointed. |
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Arab Strap
Joined: 25 Feb 2004
Posts: 246
Location: under your bed
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| Posted: Tue Dec 11, 2007 1:03 pm Post subject: |
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As my auld Maw always says 'there'll be a blue moon in the sky and another in the midden when that happens'
No Jack Palance of that happening, don't get your hopes up.
Better to ask do you think the UAE will drop the dollar peg, revalue the dirham or go the way of Kuwait with the 'basket' currency exchange rate?
That's the only thing that's going to have a direct effect on the dirham in your pocket not some 70% pipedream. Can't believe even seasoned posters are hanging on to this fantasy. Smacks of pure greed to me......
The again I'd love to be wrong and wish you all the best of luck on that one...........really.
I remember a couple years back we all got our collective tefl knickers in a twist back in KSA when the newly crowned King Abdullah decided to mark the event with a 15% across the board pay increase for all gov employees. Turned out to be for Saudis only of course. |
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veiledsentiments
Joined: 20 Feb 2003
Posts: 17644
Location: USA
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| Posted: Tue Dec 11, 2007 2:58 pm Post subject: Re: Speculation - Idle but entertaining |
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| Ed Dueim wrote: |
| ..well if you don't expect anything you won't be disappointed. |
This was always my approach to the ever present rumors. Everyone should be handed a sign with this on it when they arrive in the Gulf... to be hung in their bathrooms to remind them each morning. 
But the dollar peg issue is really the key for most non-Americans...
VS |
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al bidarnd
Joined: 17 Sep 2007
Posts: 53
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| Posted: Tue Dec 11, 2007 4:26 pm Post subject: Re: Speculation - Idle but entertaining |
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| Ed Dueim wrote: |
| Married teacher with couple of kids working for HCT...value of my contract - salary plus allowances- is around 460k Dhms per year. Not bad. |
That's because you've been at hct for 7 years or more (maybe a supervisor) and are at the top of the scale.
a single person just hired would probably get under 200k Dhms per year (including bonus, flight home and insurance) |
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caliph
Joined: 05 Jun 2006
Posts: 218
Location: Iceland
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| Posted: Tue Dec 11, 2007 4:46 pm Post subject: |
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Speaking of KSA, nobody ever believed that they would get their GOSI money, and we did. Some got a lump sum (short timers), I (long timer) have been getting a monthly payment since 1988. so, you see, sometimes pigs do fly.
Have faith, you may be surprised.
And the dollar peg effects Americans too, because most everything (except food) is imported, so the weak dollar that they are buying with their dirhams, dinars, rials buys less of these imports in America too.
Also, how quickly it is forgotten that just a few years ago, the dollar was strong, and folk returned from summer holidays talking about the houseS they bought in England, Spain, France, Australia and Ireland. Now I suspect some these folks are caught up in the sub prime debacle. |
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al bidarnd
Joined: 17 Sep 2007
Posts: 53
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| Posted: Wed Dec 12, 2007 12:45 pm Post subject: |
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| Arab Strap wrote: |
| ....some 70% pipedream. Can't believe even seasoned posters are hanging on to this fantasy. Smacks of pure greed to me...... |
there's no harm in trying
Did you really come to the region for the cultural experience and not for the money????
- i guess there's an element of greed behind most decisions to come here, might as well go for the pure variety! |
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bje
Joined: 19 Jun 2005
Posts: 527
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| Posted: Wed Dec 12, 2007 3:09 pm Post subject: |
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| Quote: |
| Better to ask do you think the UAE will drop the dollar peg, revalue the dirham or go the way of Kuwait with the 'basket' currency exchange rate? That's the only thing that's going to have a direct effect on the dirham in your pocket not some 70% pipedream. Can't believe even seasoned posters are hanging on to this fantasy. Smacks of pure greed to me...... |
Terrible, isn't it; this 'pure greed'. If a 70% increase is announced, I can't see anything untoward about hoping for it. Your talk about 'dollar pegs' and 'basket' currency suggests you're interested in issues financial. At the end of the day, is it thus the 'cultural experience' that counts for you? Some of your past postings suggest this is not necessarily the case. |
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veiledsentiments
Joined: 20 Feb 2003
Posts: 17644
Location: USA
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| Posted: Wed Dec 12, 2007 4:15 pm Post subject: |
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Goodness... are you two going to go from thread to thread sniping?
It is just going to make the MODS start locking.
There is nothing wrong with coming to the Gulf for the money as long as one does the best they can for the students.
VS |
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Arab Strap
Joined: 25 Feb 2004
Posts: 246
Location: under your bed
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| Posted: Wed Dec 12, 2007 4:40 pm Post subject: |
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It is just going to make the MODS start locking
Yup, just like they do on the Saudi page.
Can't we all just be friends.........?
Good luck on the 70% by the way, prove me wrong.............oh and yes I am here for the money how did you guess? |
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al bidarnd
Joined: 17 Sep 2007
Posts: 53
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| Posted: Wed Dec 12, 2007 5:13 pm Post subject: |
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| veiledsentiments wrote: |
| Goodness... are you two going to go from thread to thread sniping?VS |
Sniping? - saying that hoping for even part of 70% "smacks of pure greed" is a bit rich - especially given that most people are here for money, so it's not a snipe to reply to this - more of a 'hey, stop being hypocritical and sanctimonious' |
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ckhl
Joined: 20 Aug 2006
Posts: 214
Location: SE Asia
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| Posted: Wed Dec 12, 2007 5:18 pm Post subject: |
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Also, how quickly it is forgotten that just a few years ago, the dollar was strong, and folk returned from summer holidays talking about the houseS they bought in England, Spain, France, Australia and Ireland. Now I suspect some these folks are caught up in the sub prime debacle.
Some huckster, an ex collegue now at another campus, tried to sell me on Bulgarian property when I inadvertantly ran into him some time ago. I'd love to zoom ahead a couple of years from now to see how wise an investment it's turned out to be. I'll be long gone by then. |
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ckhl
Joined: 20 Aug 2006
Posts: 214
Location: SE Asia
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| Posted: Wed Dec 12, 2007 5:20 pm Post subject: |
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Sniping? - saying that hoping for even part of 70% "smacks of pure greed" is a bit rich - especially given that most people are here for money, so it's not a snipe to reply to this - more of a 'hey, stop being hypocritical and sanctimonious'
There's no other reason to be here other than for the money. Unfortunately too many can't admit to this. Too much of their identity is wrapped up in their "profession". It has to "mean" something more. |
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Stephen Jones
Joined: 21 Feb 2003
Posts: 4124
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| Posted: Thu Dec 13, 2007 2:49 am Post subject: |
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| Why does chkl think Bulgarian property is a bad investment? If you're working in the Gulf you need a base somewhere. |
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ckhl
Joined: 20 Aug 2006
Posts: 214
Location: SE Asia
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| Posted: Thu Dec 13, 2007 5:53 am Post subject: |
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Why does chkl think Bulgarian property is a bad investment? If you're working in the Gulf you need a base somewhere.
If you consider it not as an investment you're going to make money on but as a home you're going to live in, I'd say go for it if you like the region. |
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al bidarnd
Joined: 17 Sep 2007
Posts: 53
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| Posted: Sat Dec 15, 2007 3:17 pm Post subject: |
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| ckhl wrote: |
| There's no other reason to be here other than for the money. Unfortunately too many can't admit to this. |
from my reading of this forum over the years, a great number of people have no qualms whatsoever saying they're pretty much here for the money. I can't recall anyone saying they're here for the culture. i'm here for the money, the future nest egg, the chance to cheaply visit parts of the world it'd normally cost a fortune to get to, seeing the desert, the Bahrain Grand Prix and a few other things - but mainly the MONEY.
| ckhl wrote: |
| Too much of their identity is wrapped up in their "profession". It has to "mean" something more. |
for "example"? |
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