Wall Street Exchange pays workers' salaries through mobile units
The Wall Street Exchange, a financial arm of Emirates Post Holding Group, has started disbursing salaries to the workers of some private companies at their accommodation sites through mobile units without charging any fees from them.
The move in line with a string of separate agreements signed with some private sector companies to implement the decision of the Ministry of Labour to pay labourers' salaries through some financial corporations, among others, Emirates Post.
The well-equipped mobile units are stationed at the labour accommodation sites on the specified dates monthly to disburse salaries to the workers. These facilities also offer other services such as transfer of some portions of salaries of interested workers to their relatives with competitive charges through partnerships with some world companies, including western union.
Abdul Basit Mohammed Al Suwaidi, chief executive for operations, Wall Street Exchange, said that "this service is the first of its kind to be taken up by one of the financial corporations to disburse salaries of workers at their accommodation. We have signed separate agreements with many private sector companies in this respect." He added that the service saves time and effort for the workers, indicating that the service is entitled for companies, whose workforce not less than 500 workers.
Jumna Anas Mubarak, administrative affairs manager at the general construction company, expressed his pleasure about the cooperation with the Wall Street to cater salaries through the mobile units, a move he described has "saved time and energy" for workers, adding that over 2, 000 workers received their salaries through this service.
Abdul Ghani Saleh, of Obaidallah Constructions, also thanked the Wall Street for the salary delivery service. (WAM)
The move in line with a string of separate agreements signed with some private sector companies to implement the decision of the Ministry of Labour to pay labourers' salaries through some financial corporations, among others, Emirates Post.
The well-equipped mobile units are stationed at the labour accommodation sites on the specified dates monthly to disburse salaries to the workers. These facilities also offer other services such as transfer of some portions of salaries of interested workers to their relatives with competitive charges through partnerships with some world companies, including western union.
Abdul Basit Mohammed Al Suwaidi, chief executive for operations, Wall Street Exchange, said that "this service is the first of its kind to be taken up by one of the financial corporations to disburse salaries of workers at their accommodation. We have signed separate agreements with many private sector companies in this respect." He added that the service saves time and effort for the workers, indicating that the service is entitled for companies, whose workforce not less than 500 workers.
Jumna Anas Mubarak, administrative affairs manager at the general construction company, expressed his pleasure about the cooperation with the Wall Street to cater salaries through the mobile units, a move he described has "saved time and energy" for workers, adding that over 2, 000 workers received their salaries through this service.
Abdul Ghani Saleh, of Obaidallah Constructions, also thanked the Wall Street for the salary delivery service. (WAM)
No comments:
Post a Comment