Labour Ministry issues statement for small and micro enterprises

Oman Sunday 14/January/2024 14:39 PM
By: Times News Service
Labour Ministry issues statement for small and micro enterprises

Muscat : The Ministry of Labour (Mol), has urged small and micro enterprises to register in the Wage Protection System(WPS), within 55 days.

Ministry of Labour (Mol), said in a statement, "Small and micro enterprises must register in the Wage Protection System within 55 days . Please note that the registration deadline for large and medium - sized establishments has already passed."

Wages Protection System (WPS) is an electronic salary transfer system that allows companies in Oman to pay workers’ wages through banks or financial institutions approved and authorized to provide the service. WPS allows MOMP to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed-upon wages.

WPS covers all companies registered with MOMP across all sectors and industries and will benefit different categories of Manpower.