Post by Uman on May 22, 2012 23:28:16 GMT
Hire date and Salary
I did once read somewhere that the day you fly from your home country is the Hire Date for Saudi Aramco.
This is from the exchange rate protection scheme.......for Australian and New Zealand passport holders.
Q10. What will be the exchange rate used? The Protected exchange rate will be based on 90% of the exchange rate on the first day of the month in which the employee was hired, regardless of the actual hire date within that month. Likewise, the current exchange rate will be based on the exchange rate on the first day of the current month.
Now, reading this again confuses me..........it seems kind of contradictory....
I sped up my departure date (May 31)thinking that the May 1st rate would be used.....which was 6.09
I will do orientation on June 3rd.
Now the rate is 5.92 much lower......
Does anyone know the facts?
Thanks
I did once read somewhere that the day you fly from your home country is the Hire Date for Saudi Aramco.
This is from the exchange rate protection scheme.......for Australian and New Zealand passport holders.
Q10. What will be the exchange rate used? The Protected exchange rate will be based on 90% of the exchange rate on the first day of the month in which the employee was hired, regardless of the actual hire date within that month. Likewise, the current exchange rate will be based on the exchange rate on the first day of the current month.
Now, reading this again confuses me..........it seems kind of contradictory....
I sped up my departure date (May 31)thinking that the May 1st rate would be used.....which was 6.09
I will do orientation on June 3rd.
Now the rate is 5.92 much lower......
Does anyone know the facts?
Thanks