WPS is good for workers, but it has further forced the companies to stop sub contractors payments and keep the money in reserve in order to pay the wages to their workers. while implementing WPS, the payment problem of contracting has not been addressed fully & holistically. There should have been a regulation to regulate the payments to sub contractors as well, that would have forced the contractors to raise either own capital, own funding or bank facilities and restrain from holding on/grabbing on the sub contractors monies.
WPS is good for workers, but it has further forced the companies to stop sub contractors payments and keep the money in reserve in order to pay the wages to their workers. while implementing WPS, the payment problem of contracting has not been addressed fully & holistically. There should have been a regulation to regulate the payments to sub contractors as well, that would have forced the contractors to raise either own capital, own funding or bank facilities and restrain from holding on/grabbing on the sub contractors monies.