Outsourced Payroll Solutions (OPS) is a UAE-based payroll provider that manages employee salaries and provides a cloud-based payroll solution for companies based in the Middle East
OPS uses an advanced HRMS to process payroll, its metrics functionality assists in tracking trends such as salary levels, headcount against allocated budget, Year to Date (YtD) analysis, etc. A payroll dashboard compares elements such as years of service to average salary and other data. Metrics in outsourced payroll can influence profitability by comparing actuals over periods.
Wages Protection System (WPS) is an electronic salary transfer system that allows institutions to pay workers wages via banks, bureaux de change, and financial institutions approved and authorized to provide the service. The system, developed by the Central Bank of the UAE, allows the Ministry of Labor to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed-upon wages. The WPS covers all institutions registered with the Ministry across all sectors and industries and will benefit different categories of labor.