Sunday, September 20, 2015

The Wages Protection System (WPS) in Saudi Arabia

The Labour Ministry of Saudi Arabia has implement the Wage Protection System (WPS) in 2013, it became mandatory for all Saudi companies .
The Wage Protection System, which was first introduced in Saudi Arabia became mandatory for all Saudi companies with over 3,000 employees on 1 September 2013 . Its a financial system made compulsory to regularize and monitor the salary payments by company. The system will be linked with Ministry of Labor website to monitor the companies timely payment of salaries as agreed in the work contract.