Dubai Employment News
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| According to a new initiative to be launched this month about three million workers in the UAE will be paid electronically, a top official in the UAE said. They will receive their wages in bank accounts or from money exchange centers, rather than cash-in-hand. The Ministry of Labour, under its “wage protection system” said that can cross-verify worker payments by reviewing the wage lists every month. However, it did not specify when the lists would be made available. As per the decision by the Cabinet, companies are required to pay workers through banks. But most banks show little interest in transferring wages of unskilled labourers as they generate no significant returns. The Central Bank and the Labour Ministry have entered into an agreement last year, which permits them to set a system that ensures regular wage payment. The Labour Minister, Saqr Ghobash, said that the electronic system emphasizes on wage protection and guarantees receipt of data in due time. Although 500,000 workers have already received their wages electronically, the ministry has so far made no mechanism to ensure that no illegal deductions were made. With the new system, employers will have to choose either a bank or a money exchange agency for transfers, Ghobhash said. He also warned employers who failed to abide by the new system, and said that his ministry has already referred 16 companies to the public prosecutor’s office for failing to pay their workers regularly. Posted on 22/5/2009 Read more newsThree new industrial parks likely to boost job prospects in Abu DhabiPositive outlook for UAE jobseekers in 2012UAE workforce to witness steady growth in 2012Pay hike on the agenda for UAE employees in 2012UAE residents unsure about job stability and new jobs in the marketImproved recruitment activity in UAE during 1H 2011Job redundancies unlikely in UAEEmirates Airline to conduct 77 recruitment fairs across the globePromotions without pay hikes, now a common trendUAE records growth in hiring process during summer monthsMonsterGulf launches Return2Home recruitment initiative for expat nationalsNew properties to generate 1000 new jobs in UAE this yearUAE salary levels most competitive in the region, say expertsRevised minimum wage policy likely for migrant Indian workersTawdheef 2011 opens on 25th January with over 2500 job vacanciesUAE job market to be streamlinedMore than half of the employers to recruit in Q4 2010Dubai among top five destinations of choice for employmentAll companies in Dubai must abide by Wage Protection SystemCompanies failing to pay timely wages will be referred to Labour Court |
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