Ksa & uae implement wage protection system or wps via banking channels

Post on 20-Jun-2015

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Citytech Software Private Limited has developed Paylite Software, specifically for the GCC & the MENA member countries fulfilling their conditions and requirements.

Transcript of Ksa & uae implement wage protection system or wps via banking channels

Wage Protection System supports banking institutions and organizations.

WPS is built with a Collaborative Approach.

To guard interests of both employees and employers, government authorities enforce WPS.

Now, every organization in KSA, UAE, Qatar has to accord to WPS guidelines.

How does it play its role actually?

WPS pitches in salary transfer electronically.

Fixed in-between organizations & banking institutions.

An organization has to send payroll data to WPS.

Payroll System generates payroll data and is linked to WPS.

WPS receives and sends payroll data to government authorities.

Forwarded to the destined banking institutions also.

Employees’ accounts are credited under the knowledge of government authority.

Time to slog over manually handing out salary is immensely saved.

Interests of employers and employees are safeguarded.

Similarly transparency and integrity are maintained.

KSA, UAE, Qatar are few countries in the GCC applying Wage Protection System.

Payroll Software collaborates with Wage Protection System.

WPS supports govt. authorities to uphold labor regulations in return.

In case, you are not using WPS till now, you’re at the risk of embracing severe penalties.

Check out Wage Protection System of Paylite HRMS.

Paylite WPS is the very first solution brought to the Kingdom of Saudi Arabia.

While providing it to many organizations all over the GCC region also….

Developed by the Micosoft Gold Application Partner company Citytech Software Private Limited

Paylite HRMS is already a highly popular HR Solutions across the GCC, having its base in Dubai.

So, constant support from Paylite is just a click-away service.

For further information, contact us at:

Citytech Software JLTUnit 708, Jumeirah Bay Tower, Plot No X3, Jumeirah Lake Towers. PO Box 128151, Dubai, UAE+971 4 4205486+971 4 4204854