MoL move for salary through banks hailed

DUBAI — The Ministry of Labour (MoL) order on payment of labourers’ wages through the banks from January 2008 has been welcomed by companies engaged in construction and contracting.

By Mary Nammour

Published: Mon 12 Nov 2007, 8:55 AM

Last updated: Sun 5 Apr 2015, 4:36 AM

Salim Jarrar, Manager of Al Sahel Contracting Company, said payment of workers’ salaries through the banks is good for all.

“It is good for security reasons. Besides, the payment process won’t take long and its more practical. In that way there will be more guarantee for the rights of the labourers. I don’t think it will affect our business at all.”

Sarajeddine, Manager of Al Ahli Contracting Company, said “things will be easier for us. Handling big amounts of cash is no good and it usually takes us quite a lot of time to hand the workers their salaries. Hopefully the workers will quickly adjust to the idea of collecting their wages from the bank.”

For Mohammed Rashid, General Manager of Belhasa Company, the order is not just good, rather better.

“Each company has thousands of workers and the payment of wages will be far better if it happens via the bank. It will save us the time and will be more safe,” Mohammed Rashid said. “It is very essential the labourers get used to it fast and learn to cope with it. Payment of salaries through the banks is in the best interest of both the companies and the workers.”

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