All employees in Qatar to be paid through banks

May 1, 2014 10:50 am

m_All employees in Qatar to be paid through banks

Doha 01st May 2014:  The Qatar Cabinet on Wednesday approved the recommendations that advised the implementation of wage protection system (WPS), whereby all employees in the country would be paid wages through banks.

A statement issued by HE the Deputy Prime Minister and Minister of State for Cabinet Affairs Ahmed bin Abdullah bin Zaid al-Mahmoud said: “According to the recommendations, a comprehensive electronic system is to be created and handled by Qatar Central Bank (QCB). It will be managed jointly with the Ministry of Interior, the Ministry of Labour and Social Affairs, and the financial institutions, establishments and companies.”

The Ministry of Interior and the Ministry of Labour and Social Welfare is developing a database to specify who is to be included in the ‘Wage Protection System’.

The Wage Protection System will be compulsory for all companies, whether private, government or semi-government. The Labour ministry asked all companies in the country to provide salary details of their employees.

The Qatar Central Bank (QCB) in April asked all banks to provide it account details of all their customers.

According to the order, companies should pay employees their salaries in the first week of every month through bank transfers. Offenders will be punished in the form of fine.

About the Author

Leave A Response