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Post by mark2012 on Jul 16, 2012 7:13:43 GMT
Since my date of hire last year, the Euro value dropped by more tnan 15% and the Euro-crisis is expanding...What can be done against that? who can help in providing any type of salary protection for me as a Euro-Employee? any suggestions will be appreciated...
Regards!
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Uman
Senior Member
Posts: 161
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Post by Uman on Jul 21, 2012 15:03:20 GMT
Sorry Mark, dont know what to suggest. Maybe talk with personnel and explain the situation.....you might get a 10% raise next merit inrease.
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Post by Itstime on Jul 24, 2012 22:58:36 GMT
Hi there mark2012.
I will be facing the same issues with you, since i am also under Euro payroll. If you manage to sort this out or get some feedback on this, please be so kind to share or PM me, i would really appreciate it!
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Post by azraeil on Jul 25, 2012 8:25:41 GMT
People on sterling payroll had the same issue when the 2007/2008 financial crisi. The value of GBP depreciated by 30-40 percent for some people and a lot of us wrote an email to personnel and requested for Exchange Rate protection. It took close to a year before they finally agreed and implemented the exchange rate protection. Later, they amended it to protect against your home currency (as they are 44 nationalities on sterling payroll)
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