Ministry to monitor salary payment
The electronic wage payment system will make it easier for the labour ministry to check on companies that do not pay workers on time, said the minister on Wednesday.
"With the implementation of the electronic wage payment system by January, the ministry will be able to instantly check the status of payment of salaries to employees of the companies functioning in the country. This will ensure the timely payment of salaries. However, at the moment, we have no plans of fixing the minimum wage for labourers," said Dr Ali Bin Abdullah Al Ka'abi, the Labour Minister.
"With the new system, it will make it easier for the ministry to check on companies that do not pay on time. These companies will be flagged and repeat offences will result in stringent measures against the company," the minister said.
Cabinet decision
He was speaking following the signing of a Memorandum of Understanding with a US-based technology company called InfoSpan Gulf for electronic salary disbursement.
Similar MoU's were signed with companies like Workers Equity, Islamic Finance Company,UAE Exchange, Western Union, and Empost, by the ministry following the cabinets decision in June to make all salary payments electronic.
The Islamic Finance Company (IFC) has signed an agreement (October 7th) with the Ministry of Labor (MoL) to start implementing the 'Daman & Aman' program in the United Arab Emirates. The agreement comes as part of the ministry’s continuing efforts to develop and enhance the quality of its services as well as meeting the basic requirements of laborers.
The signing ceremony, which was held in the MoL premises in Abu Dhabi, was attended by H.E Dr. Ali Abdulla Al Kaabi, UAE Minister of Labor and Mr. Gaith bin Hamel Al Gaith, member of IFC Board of Directors.
The electronic wage payment system will make it easier for the labour ministry to check on companies that do not pay workers on time, said the minister on Wednesday.
"With the implementation of the electronic wage payment system by January, the ministry will be able to instantly check the status of payment of salaries to employees of the companies functioning in the country. This will ensure the timely payment of salaries. However, at the moment, we have no plans of fixing the minimum wage for labourers," said Dr Ali Bin Abdullah Al Ka'abi, the Labour Minister.
"With the new system, it will make it easier for the ministry to check on companies that do not pay on time. These companies will be flagged and repeat offences will result in stringent measures against the company," the minister said.
Cabinet decision
He was speaking following the signing of a Memorandum of Understanding with a US-based technology company called InfoSpan Gulf for electronic salary disbursement.
Similar MoU's were signed with companies like Workers Equity, Islamic Finance Company,UAE Exchange, Western Union, and Empost, by the ministry following the cabinets decision in June to make all salary payments electronic.
The Islamic Finance Company (IFC) has signed an agreement (October 7th) with the Ministry of Labor (MoL) to start implementing the 'Daman & Aman' program in the United Arab Emirates. The agreement comes as part of the ministry’s continuing efforts to develop and enhance the quality of its services as well as meeting the basic requirements of laborers.
The signing ceremony, which was held in the MoL premises in Abu Dhabi, was attended by H.E Dr. Ali Abdulla Al Kaabi, UAE Minister of Labor and Mr. Gaith bin Hamel Al Gaith, member of IFC Board of Directors.
During the signing ceremony, H.E Dr. Ali Abdulla Al Kaabi said: “In the past years, the MoL has put a lot of effort in finding the appropriate conditions and techniques to provide the best services. The agreement comes as part of our continuous efforts to develop and initiate a new mechanism to control, manage, and enhance the quality of our licensing process. With this agreement, the IFC and the MoL seek to create and form a constructive cooperation in fields related to labor and laborers.”
According to the agreement, the IFC will provide the MoL with a number of services including following up and organizing the payroll, submitting social audits for the facility explaining the companies commercial and managerial performance, and its abidance with the UAE labor laws. The IFC will also pay the salaries of laborers through installing ATM machines in labor camps and will also send mobile units equipped with ATM machines to the sites. Furthermore the company will provide the MoL with the necessary data and report any labor law violations.
On the other hand, the ministry will facilitate the services of 'Daman & Aman' clients and will provide the IFC with the necessary database to provide these services electronically. The IFC was established in 2006 and is based in Dubai. The IFC is a financing company as well as a Holding with a number of companies under its supervision.
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