I need serious advice people!

[noisyboy]

Originally Posted by JusAdy_Glasgow

Sorry, I just meant you don't sound as enthusiastic about staying at your existing job as you did at first. Maybe the prospects of the new job are becoming more and more appealing?

Just double check what the situation would be with visas etc before you get your hopes up or make a definite decision. Nothing worse than being let down by something out with everyone's control once you've made that choice.
Jus

Well I can agree with you that the new offer is looking better. It looks better everyday! See the other worrying part is that whole visas issue etc. I do have a Bachelors degree and I think that might help, but we never know here right?

I will update everyone tomorrow. I'm sure someone would like to see a closure to this topic. But that probably won't be soon! Lol!

[Mr Rossi]

Retard Strong Weight Lifter! - YouTube

[Enzoo]

if you have just recently joined company x six months ago, and now you are planning to transfer to company y , a direct competitor, i think it would land you in big trouble with your current company especially that you still are a newbie employee. dubai labor laws are changing oftentimes and now i think they are giving the employees , us a chance because the new labor law allows employees to transfer to another employment without a ban after two years . so i guess your plan of transferring to company y must be put on hold after your contract of two years.

[Tropicana]

The main point, as rsinner mentioned, is what is the % rise Y is offering you.

If its 50% more, i'd think a bit about it.

But a 20-25% wouldnt be worth the hassle.

The only time a 20-25% would be worth it would be if you are unhappy with your present job/boss

And how sure are you that X wont increase your salary in the future ?

[Canuck_Sens]

All I want to know now is when you are inviting us for a round of beers since you are going to get big bucks either way.

Ohh and of course it is on you :-D

[Abdul_B]

You should wait....if they approached you then they can wait too. Close out one year, show them that you're an asset to company x....and that you'll only move for a higher position. One year looks a lot better than six months. Nobody is saying they won't still need you in six months time or that the offer isn't negotiable...

Also be aware of Visa laws here...I think if you serve less than a year with a company and you want to change you have to serve a 6 month ban...I'm not sure but when someone left our company that was what happened. So I'd check on that too.

[sabfrance]

Loyalty is greatly over-rated. Ever known an employer to say even though business is bad and profit is down have that promotion and increase you deserved two years ago?

I agree with Gavtek - look after yourself. 10 years from now are you going to be happy with a smaller bank balance and larger mortgage because you were loyal to a company who's name you can't even remember?

It's work not play.

[rsinner]

Originally Posted by sabfrance

Loyalty is greatly over-rated. Ever known an employer to say even though business is bad and profit is down have that promotion and increase you deserved two years ago?

I agree with Gavtek - look after yourself. 10 years from now are you going to be happy with a smaller bank balance and larger mortgage because you were loyal to a company who's name you can't even remember?

It's work not play.

Couldn't agree more with this. And going by OPs further description of his workplace, he would be better off away from the company.
If only the financial services industry was not down in the dumps.....

[noisyboy]

Originally Posted by Canuck_Sens

All I want to know now is when you are inviting us for a round of beers since you are going to get big bucks either way.

Ohh and of course it is on you :-D

I will buy you two rounds of beer lol. So in your previous post, you started with "you know the answer." Honestly no I don't. Is it that clear what I should be doing?

And this has been asked a few times so...the increase is more than 45%. It's not 50% as some would have hoped. And to someone who has asked me if I was sure I wasn't gonna get a raise with X after a year, the answer is I probably will, a 10% raise. But would they even consider a 30%? I highly doubt it. Someone just got hired for the same post as mine, with less pay, even though we were told there was a structure. So it seems to me as if they are decreasing salaries.

Anyway I met with Mr. Company Y today and he mentioned that the environment is decent but told me not to get my hopes up by thinking its all fun and giggles all the time. We discussed labor bans and he said a regular labor ban they can lift but an "immigration labor ban" is something they can't lift if Company X decides to issue against me. This is a straight up 1 year ban. Also mentioned to me that I'm eligible for bonus (not applicable in Company X) and a review after one year with raise. He told me he's really happy where he is. The one thing I didn't like hearing is that Company Y'a HQ is not in Dubai (unlike Company X). How does that affect any of you who work for a company that has an HQ out of here? Slower process to get things done with HR and all?

Moreover, guess who I also talked to today? Company X's PRO. I'm on really good terms with him and hinted to him that I might be in the market for a new post with a competitor. He goes, "go do whatever you want and don't worry, I will also remove the ban." So I asked about the immigration labor ban and he said, "don't worry about that either, if they ask me to start a process I will make sure it ends quick." He did give me some comfort but then again I can't solely depend on his words.

Haven't made a decision yet, but just wanted to update this thread as promised.

[pamela0810]

Originally Posted by noisyboy

I will buy you two rounds of beer lol. So in your previous post, you started with "you know the answer." Honestly no I don't. Is it that clear what I should be doing?

And this has been asked a few times so...the increase is more than 45%. It's not 50% as some would have hoped. And to someone who has asked me if I was sure I wasn't gonna get a raise with X after a year, the answer is I probably will, a 10% raise. But would they even consider a 30%? I highly doubt it. Someone just got hired for the same post as mine, with less pay, even though we were told there was a structure. So it seems to me as if they are decreasing salaries. - It's a bit unrealistic for you to expect 30% as an annual raise, don't you think. Even a 10% raise is pretty decent these days for top performers. Also, in spite of the salary structure, at the time of hiring, the company always will start low and then negotiate their way up. The person settled for less, his loss and company's gain. Can't say anything negative about the company because their goal is to make a profit at the end of the day.

Anyway I met with Mr. Company Y today and he mentioned that the environment is decent but told me not to get my hopes up by thinking its all fun and giggles all the time. We discussed labor bans and he said a regular labor ban they can lift but an "immigration labor ban" is something they can't lift if Company X decides to issue against me. This is a straight up 1 year ban. Also mentioned to me that I'm eligible for bonus (not applicable in Company X) and a review after one year with raise. He told me he's really happy where he is. The one thing I didn't like hearing is that Company Y'a HQ is not in Dubai (unlike Company X). How does that affect any of you who work for a company that has an HQ out of here? Slower process to get things done with HR and all? - Company Y is doing a good sales job on you. "We can promise you a lot but with those promises also come a lot of expectations" is what they are saying. Your review after one year with a raise will most likely be a 2-4% raise which is pretty standard. So if you're going into this assuming you'll get a big chunk of money at the end of the day, then again, you will be disappointed at year end. As for bonus, if it's performance base, you bet they're going to make you work very hard for it. I say this because you have shown them an interest in moving with only a 6K raise and a car. Be a tough negotiator, ask for more, what have you got to lose? He's told you not to get your hopes up high because he's got you right where he wants. They're a competitor, their job is to make their company look better than the one you're working for. Of course he's going to say he's happy. Why wouldn't he? You're entertaining the prospect of leaving your current employer after just 6 months. How and why should he trust you?
Moreover, guess who I also talked to today? Company X's PRO. I'm on really good terms with him and hinted to him that I might be in the market for a new post with a competitor. He goes, "go do whatever you want and don't worry, I will also remove the ban." So I asked about the immigration labor ban and he said, "don't worry about that either, if they ask me to start a process I will make sure it ends quick." He did give me some comfort but then again I can't solely depend on his words. - He's a PRO. His loyalty will lie with the company, not with you no matter how close you guys are. The PRO can do a lot, they have a lot of wasta usually. But if things don't go as planned, he will say, laws are laws. There is nothing that I can do about it. Your big mistake was to talk to the PRO instead of your direct supervisor. Be professional and go speak with your supervisor, do not step over any toes as it will only work against you. You might end up with no job at all.
Haven't made a decision yet, but just wanted to update this thread as promised.

Sorry if I sound a bit harsh but it seems like you're looking at this more tactically than strategically. Put your career first, not the money, not what Company Y says and not what the PRO says. Be professional in your approach, you should have a clearly drawn up plan of where you see yourself in 5 years and the company that is hiring you should be able to give you an answer of how they can help you achieve that goal. If they do not have professional answers to how you can get there and how they take care of their employees and I mean a good HR system, good career development planning, etc....then maybe all they can offer you is the 7.5K and nothing else. Once you move, it might not be worth it.