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100,000 UAE workers get salaries through wage protection scheme
The UAE Ministry of Labor has said that…
September 29, 2009 2:33 by kippreport
The UAE Ministry of Labor has said that 100,000 workers have received salaries through its Wage Protection System (WPS) during July and August this year. The scheme, which will be officially operational this month, ensures that workers’ salaries are transferred directly to banks without any deductions.
The ministry said that 35 banks out of the 54 in the country have already received licenses for the WPS service from the UAE Central Bank.