Initially it was proposed as a system to protect the wages of lower-paid workers, who had little to no recourse in claiming back unpaid wages from an employer.
Employee information, including labour card number, fixed and variable salary and bank details are entered into an excel spreadsheet, with the file then being converted to a text document or ‘SIF’ file for upload via internet banking. This information is then transferred to the Ministry of Labour (MOL) via the individual company’s MOL code.
