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Further to Maria Metcalf's letter yesterday. I work for a major international company and like everybody the rent allowance being paid is not sufficient to cover the price of renting in today's market. However, it's not that my company is being stingy, its just that the market price is out of control and spiralling costs are forming a major burden on employers.I know of one major player that has already pulled its non-essential staff out of the the Gulf and placed them in Cyprus and I can only think more will follow.I think employers should say no to rent increases. Yes they will lose people and staff will be disgruntled and it will take six-12 months for it to bite, but until prices for rent come back to a realistic level then this will always be an issue.I am not knocking Dubai and think it is a great place, but it is pricing itself out of the market ... We are trying to employ 80 people for a new business unit and the sums just don't add up, for the employee and for us as an employer and we pay and give sensible salaries and allowances.
Mr D
Dubai
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