Job Discussion Forums

[laughingalltheway]

Spanglish, things are great here, except SESP Baish is going bellyup. That changes things.

[spanglish]

[Sheik Yerbuti]

to jettison: verb
to cast (goods) overboard in order to lighten a vessel or aircraft
or to improve its stability in an emergency, to discard or throw
off an obstacle or burden.


Yes that's what happened to the Managing Director
of SESP this week. So where does that leave his bud in HR?

[laughingalltheway]

Ah Spanglish, ah, you need to know some things. The pay is good. But remember the inmates run the asylum. They are in control, not you the teacher. They can scream four letter words in your face, and nothing will happen to him in the end.

[plumpy nut]

[bertonneau]

As Saudi begins it's demise back to the third world status that it actually is. The kind contracts and Western expats in the next years will continue to decline and rapidly. Salaries are already beginning to get noticeably worse. As the reserve currency fund gets depleted to the point where everything is soon going to come to a screeching halt, not yet, but coming sooner than most expect, the kind projects like SESP etc. will soon either end or resort to Indians, Pakistanis etc. who will come to Saudi and accpet wages to self respcting Western expat would waste their time on to work in Saudi for. Baish is a hole anyway. No great loss there. EFLer's of Saudi get your last half decent contract while you can in the next year or two the situation will worsen to where people are thinking back to what they once remember about kind salaries here as they start applying to the next country that still has some money left. Saudi will go through somewhere between 20-25% of it's spare cash this year alone. Well before they hit zero they will stop worrying about ESL education as they Sh@t their pants as to what to do. With the world and so many countries jumping at pumping as much oil as they can to save themselves oil will sit at 40-60 max for a long time. At 70 the US and Canada oilwells are back online at virtually 100% and none of that pays the Saudis bills by a long shot.

[plumpy nut]

[scot47]

So what will Plumpy and the others do ? Go and work for a pittance in SE Asia ?

[laughingalltheway]

Bertonneau, things aren't that bad yet. But everyone in Baish is trying to hold on to the golden goose as long as possible no matter how bad things get. Surprised more people didn't leave voluntarily last year honestly.

[bertonneau]

No, for the next year things will just continue to slide into the economic doldrums. But in two years unless something incredible happens it will be. For those on a one year Saudi tour it will meander along, but as I said, sooner than most expect certainly than the Saudis expect this thing will be over. The only difference between Saudi, UAE and Qatar and Syria, Libya, Iraq, Yemen etc. is an oil money cushion. Just watch in the next few years as the whole Middle East gets twice as worse and countries no one imagined fall into turmoil sooner than most expect. Short of some miracle where the world suddenly needs a hell of a lot more oil, but it's glutted with the stuff now and a dozen countries ready to pump it out in mass the minute prices go up even a little. The Gulf is simply a few years from in comparison to the past a complete meltdown. Just watch.

[spanglish]

[bertonneau]

Yeah, SESP pay is better than average but BAISh ain't Jeddah, Riyadh or Khobar. It's a hole of a place to be. Even Jizan is a hole for the most part. So if one is only about money and wants to sit there room otherwise maybe it works. If any kind of engaging lifestyle is important to you than it's a dive. It isn't the best pay out there although it's up there. Most better places involve military contracts and Ive seen a few better in Saudi but not many.

[Raul739]

Bumping this thread. Any new developments?

[bertonneau]

As the once oil cash cow continues it's demise SEC is making it's plans to privatize, which Im sure will involve more foreign running of the show despite promises of increased Saudization. One can only redistribute the oil wealth as long as there is an oil wealth to redistribute. 100% foreign ownership of foreign companies on Saudi soil. That is a sign of a nation who is changing it's ways overnight because it's in huge trouble. Like I said in earlier posts it will take a few years but the crumbling has begun. Saudization is a joke and as the family seeks to hold on to the reigns of power it will do whatever to keep the businesses running since the mass inefficiencies of the past won't hold out much longer. Baish is a dump as earlier mentioned. Not worth the money unless you're really desperate and want no life to speak of. Spent a year in Jizan and it's basically Yemen minus the line in the sand roughly marking a border that no one pays much attention to. Best stick to up north or the bigger cities for any sense of life besides surfing the web for a year in one's spare time.

[Raul739]

Thanks Bertonneau