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Reading: Business owners with four or more employees must switch to digital wallets for salary payments starting January 1, 2025.
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Home » Business owners with four or more employees must switch to digital wallets for salary payments starting January 1, 2025.
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Business owners with four or more employees must switch to digital wallets for salary payments starting January 1, 2025.

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Last updated: 2024/06/24 at 8:34 PM
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The Musaned domestic workers services platform has made it mandatory for business owners with four or more domestic workers to transfer their salaries to digital wallets starting from January 1, 2025. This move is aimed at improving the work environment for domestic workers and making the process of paying salaries quick, easy, and reliable. Employers of domestic workers who are coming to Saudi Arabia for the first time are also required to deposit salaries in digital wallets effective from July 1, 2024. The platform allows for the transfer of advance salaries, advance payments, and deductions or increases in salaries to the digital wallets of workers.

The advantages of transferring wages through electronic channels include reducing cash transactions, improving the work environment for domestic workers, and facilitating the process of paying salaries quickly, easily, and reliably. Employers must adhere to the agreed-upon wage in the labor contract, which should be paid at the end of each Hijri month unless otherwise agreed upon in writing, while complying with regulations and instructions regarding wage protection. The platform also mentioned that if domestic workers have a bank account, salaries can be transferred through banks if they are within the obligated category of the Wage Protection Program.

Employers are required to transfer salaries to digital wallets for domestic workers in Saudi Arabia. This move is part of efforts to improve the work environment and make salary payments quick and easy. Starting from January 1, 2025, business owners with four or more domestic workers must transfer salaries through the Domestic Workers Salaries icon in approved digital wallets. For domestic workers coming to Saudi Arabia for the first time, the requirement is effective from July 1, 2024. The platform also allows for the transfer of advance salaries, advance payments, and deductions or increases in salaries to digital wallets.

The transfer of wages through electronic channels has several advantages, including reducing cash transactions and facilitating the process of paying salaries quickly, easily, and reliably. Employers must adhere to the agreed-upon wage in the labor contract and pay it at the end of each Hijri month unless otherwise agreed upon in writing. The platform emphasized the importance of complying with regulations and instructions regarding wage protection. If domestic workers have bank accounts and are within the obligated category of the Wage Protection Program, salaries can be transferred through banks.

It is mandatory for business owners with four or more domestic workers in Saudi Arabia to transfer their salaries to digital wallets. The Musaned domestic workers services platform announced that this requirement will be effective from January 1, 2025. The platform also instructed employers of domestic workers who are coming to Saudi Arabia for the first time to deposit salaries in digital wallets effective from July 1, 2024. The platform allows for the transfer of advance salaries, advance payments, and deductions or increases in salaries to the digital wallets of workers. The advantages of transferring wages through electronic channels include reducing cash transactions, improving the work environment for domestic workers, and facilitating the process of paying salaries quickly, easily, and reliably.

Employers are required to transfer salaries to digital wallets for domestic workers in Saudi Arabia. This move is aimed at improving the work environment for domestic workers and making the process of paying salaries quick and easy. Starting from January 1, 2025, business owners with four or more domestic workers must transfer salaries through the Domestic Workers Salaries icon in approved digital wallets. For domestic workers coming to Saudi Arabia for the first time, the requirement is effective from July 1, 2024. The platform also allows for the transfer of advance salaries, advance payments, and deductions or increases in salaries to digital wallets. The advantages of transferring wages through electronic channels include reducing cash transactions and improving the work environment for domestic workers.

Employers must adhere to the agreed-upon wage in the labor contract and pay it at the end of each Hijri month unless otherwise agreed upon in writing. The platform also emphasized the importance of complying with regulations and instructions regarding wage protection. If domestic workers have bank accounts and are within the obligated category of the Wage Protection Program, salaries can be transferred through banks. Otherwise, employers can pay wages in cash or check, but it must be documented in writing or through the domestic worker’s payroll card. The platform also mentioned that if the worker wishes to transfer the salary to a specific bank account, it can be arranged.

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News Room June 24, 2024
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