Can anyone explain how the payroll structure work in the UAE with relation to a company paying their employees?
Reason I am asking is because of the following:
I work for a reputable international company. But their pay cycles are just beyond imagination. In South Africa, payrolls are executed (largely) with military precision. If they say I pay on the 25th, I pay 12am when the 25th breaks.
Since joining the UAE, I've been a bit irked with the fact that salary pay outs can vary with a day to three from the intended date.
The reason for me being irkish, is that in South Africa you can end up in big trouble for not paying an employee on the contractual date. Furthermore, if a pay date should fall on a weekend, the date is shifted to the last working day of that week. That plus the fact that I can not comprehend why, in the UAE with all its notions of aspiring to be world class, something rudimentary like being paid on time does not happen.
It's out of principle I ask - but how many people actually get paid on time here? Why when a company executes pay roll, the bank at the best possible time frame only pays out 18 hours later?