|

Saudi Arabia raises minimum wage by 33 per cent

Saudi Arabia’s ministry of Human Resources and Social Development Wednesday ordered companies to pay SAR4,000 ($1,066) from SAR3,000 for Saudi employees, under the “Nitaqat” employment program, reports say.
Per the new decision, a Saudi worker with a minimum salary of SR4,000 will be calculated as one worker in the Saudization program, Zawya reports.
The new direction also stressed that a Saudi worker whose monthly wage is SR3,000 will be calculated as half a worker. Only two Saudi employees with a minimum salary of SR3,000 will be calculated as one worker.
Part-time employees according to the ministry will be calculated in the Nitaqat program as half of a Saudi worker provided that social insurance contributions are paid for him with a minimum monthly wage of SR3,000.

Short URL: https://me-confidential.com/?p=23553

Posted by on Nov 19 2020. Filed under Gulf News, Headlines. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Comments are closed