Long queues formed outside banks in Qatar this week as workers lined up to open accounts on the day the country’s new Wage Protection System came into effect.
The new system follows an amendment to Qatar’s labour law in February. It was originally scheduled to take effect from August, but was delayed until this month to allow companies to prepare for the changes
It requires firms to pay employee salaries at least monthly, in Qatari riyals, through direct bank transfers, and is intended to make it easier for the government to record late- or non-payments, particularly to low income workers.
The new rules apply to more than 50,000 private companies.
On Sunday and Monday, reported Doha News, hundreds of workers queued up to open bank accounts – a requirement of the Wage Protection System – for up to 12 hours.
The newspaper said approximately 200 people were at Qatar International Islamic Bank (QIIB)’s branch in Barwa Village on Sunday, and a further 180 showed up at the bank on Monday.
It said many banks have opened special departments to handle the uplift in new customers.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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