Wages protection System (WPS) for QIIB's corporate Customers through E-corporate 'online'
The Wages Protection System (WPS) is a comprehensive electronic system initiated by Ministry of Labor and Social Affairs and Qatar Central Bank to monitor and document the process of worker wage payment, subject to the Labor Law No. (14) of 2004. The aim of the system is to ensure that Employers are committed to the wage payment process systematically and in a timely manner pursuant to the Rules and Conditions stated within the Labor Law. WPS covers all Institutions registered with the Ministry of Labor and Social Affairs.
QIIB has developed the WPS system, fully electronically, interconnected with the systems of the Central Bank and the Ministry of Administrative Development, Labor and Social Affairs to process the salaries of our corporate clients through Internet banking by following some simple steps.
You can now save time and effort, transferring your employees' salaries is very simple, both online and in your office.
For more information view the WPS tutorial video here
To access the wages protection system through the corporate internet banking https://ecorp.qiib.com.qa/eCorporate/#/login
What is WPS?
WPS is a fully integrated and centralized solution initiated by Qatar Central Bank for collecting, storing, and providing the data regarding salary payments made via Bank Transfers.
Is it mandatory?
Registration is mandatory for all companies, except for the following:
(Note: the exceptions must be approved by the Ministry of Labor and Social Affairs.)
What is the objective of WPS?
To safeguard the rights of Employees in receiving their Salaries on time and as per their contract.
What is the registration procedure?
If the employer wants to comply with the Wages Protection System (WPS) and start submitting the (Salary Information File SIF) on WPS Click here, you must visit the International Islamic website (PDF forms website link) and fill out the form for registration approved by the bank and submit it to one of the International Islamic branches.
Is there a charge for registering?
WPS registration is free of charge.
Registering for WPS will require the following:
WPS Salary processing fees:
Please be informed that as per Qatar Central Bank guidelines, a monthly fee will be charged to the Corporate Account of the Company for the processing of Employee salary file.
Following is the WPS Salary processing regulated Tariff of charges:
Category |
Fees (QAR) |
10 workers or less |
50 |
From 11 to 50 workers |
100 |
From 51 to 100 workers |
200 |
From 101 to 200 workers |
300 |
From 201 to 300 workers |
400 |
From 301 to 500 workers |
500 |
From 501 to 1000 workers |
600 |
From 1001 to 2000 workers |
700 |
From 2001 to 3000 workers |
800 |
From 3001 to 4000 workers |
900 |
From 4001 to 5000 workers |
1000 |
5001 workers or more |
1100 |