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Saudi Arabia to launch new wage monitoring system, track fo

 
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Kirk
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PostPosted: Wed Feb 29, 2012 7:07 am    Post subject: Saudi Arabia to launch new wage monitoring system, track fo Reply with quote

Saudi labour minister, Adil Fakieh has announced a new system is soon to be launched with the aim of monitoring wage payments to company staff, as part of efforts to boost the participation of Saudi citizens in the workforce and keep track of foreign workers, Reuters has reported. The new wage monitoring system, designed in cooperation with other official agencies such as the central bank, will check that monthly salaries paid to Saudi and expatriate employees are paid into their bank accounts in line with the terms of their employment contracts. “The main objective is to recruit Saudis and Saudi women - reducing foreign labour is not an end in itself,” Fakieh said.
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