UAE Wage Protection System (WPS)
The UAE introduced the
Wage Protection System (WPS) in 2009 to safeguard employees' rights and ensure
timely salary payments in the private sector. It is an electronic system
developed by the Ministry of Human Resources and Emiratisation (MoHRE) in collaboration
with the UAE Central Bank. WPS requires employers to transfer salaries through
approved financial institutions, ensuring that employees receive their full
wages on time as per their employment contracts. This initiative aims to
enhance wage transparency and protect workers' rights in the UAE's growing
labor market.
- 13th Nov 2024
- Category: Business
- views: 151
