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Companies With Less Than 5 Workers Can Pay Salaries In Cash
Companies with less than five workers can pay their salaries in cash without the need to transfer them through banks, according to a new decision issued by the Public Authority for Manpower (PAM). Employers in this case who fail to transfer the salaries of their employees should prepare a record proving that the payments were made on time, said Aseel Al-Mizyed, Spokesperson and Director of Public Relations and Information at PAM. The inspection department will prepare a register of those paying employees their salaries without transferring it to banks, she added. The department of labor inspection will be responsible for designing a special record file for employees who receive their financial dues directly from their employers without involving local financial institutions.
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SOURCE : IIK
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