Epayment system for salaries soon
30 April 2009 Publication: Business 24-7
Nearly half a million workers will benefit from the electronic salary payment system that is expected to be introduced in the UAE soon, Minister of Labour Saqr Ghobash Saeed Ghobash has revealed. And the number will gradually rise to cover all four million expatriate workers in the country.
"Work on the electronic salary payment system started before the global financial crisis began and is being carried out in co-operation with the Central Bank," he told the Construction Week Summit on Labour Management in Dubai. "Payment is made through banks and exchange companies. It will start with those on low salaries and gradually cover those on higher ones. The system will ensure the immediate payment of salaries and will enable the ministry to follow up any shortcomings." Ghobash said a draft law would be issued soon addressing the consequences of the global financial crisis. "The draft law is flexible, allows for the transfer of manpower and gives laid-off workers the chance to move to other jobs," he said. "This will ease things for workers and curb the cost of bringing in more labour from outside."
The summit was attended by ambassadors and consuls from countries such as Pakistan, Bangladesh and the Philippines that supply labour in addition to representatives of companies and businesses in the UAE.
An edition of Construction Week magazine distributed at the event reported that the office of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, would settle any disputes related to labour accommodation by enforcing internationally recognized standards in relation to health and safety conditions.