Tag: wage protection
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Face recognition and OTP is compulsory for low salary transfers
The Central Bank of Kuwait now requires banks to use facial recognition and OTPs to confirm that low-income workers approve every transaction from their salary account, as part of a wider crackdown on fake salary payments. Read more →
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Your detail in shoun being linked with your bank for confirmation of salary and transfers.
PAM has linked its systems with the Central Bank of Kuwait to watch over private sector salary payments, with new rules protecting workers earning up to KD 300 a month. Read more →
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If your salary is 300 KD and transfers 25 KD or more that salary, you will be checked..
The Central Bank of Kuwait has told local banks to add two-factor authentication and six-month transaction reviews for low-paid private-sector workers, to stop employers forcing staff to return their wages. Read more →
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Kuwait minister warns firms over late salaries to expats
Kuwait's Interior Minister Shaikh Fahad Al Yousef has told business owners to pay all employees on time, warning that some firms delay wages for expatriate staff while prioritising Kuwaiti employees. Read more →
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8,849 Kuwait firms flagged over late salary payments
PAM has flagged 8,849 employer files in Kuwait for salary payment problems, while also setting out 13 valid reasons employers can deduct pay – and a strict monthly limit. Read more →
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Kuwait to shut files of companies that don’t pay salaries to workers on time
Kuwait's First Deputy Prime Minister Sheikh Fahad Al-Yousef says firms that don't pay workers on time will face legal action, with the 20th of each month set as the new salary deadline. Read more →
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Kuwait’s New Salary System
The Central Bank of Kuwait has rolled out a new system to monitor private-sector salary payments, part of a bigger push to get off the FATF grey list. Read more →