Wages Protection System (WPS) is an electronic salary transfer system that allows companies / institutions to pa y workers wages via banks, bur eaux de change, and financial institutions approved and authorized to provide the service.

The system, developed by the Central Bank of the UAE, allows the Ministry of Labour to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed-upon wages.

The WPS covers all institutions re gistered with the Ministry across all sectors and industries and will benefit different categories of labour.

The WPS reflects the UAE's lead ing position in the region, and will increasingly project the country as a model worth emulating in the following areas:

• Reiterating commitment to protect workers’ wages;
• Providing innovative solutions that help employers safeguard their own interests and reduce the time and effort ne eded to pay workers' wages;
• Taking serious steps to improve job se curity in order to strengthen work relationships in the UAE and safeguard the rights of all parties concerned;
• Entrenching transparen cy and competitiveness; • Ensuring that the UAE Ministry of Labour is regularly and constantly updated on wages data in the private sector in or der to guarantee that employers fulfill their salary obligations;
• Taking protective and proactiv e measures to reduce labour disputes pertaining to wages.