Saudi Arabia: Saudization wage subsidy programme launched

An aerial view shows the highway on the first day of Eid Al Fitr in the Saudi capital Riyadh, on May 24, 2020.
Image Credit: AFP

Dubai: Saudi Arabia on Thursday launched a wage subsidy programme to encourage hiring Saudis in the industrial sector this year.

As part of the initiative to boost Saudization in the industrial sector, 50 per cent of the wage will be provided for hiring and providing training for Saudis to take up jobs in industrial establishments the Ministry of Human Resources and Social Development and Ministry of Industry and Mineral Resources jointly announced.

The programme will be implemented in cooperation with the Human Resources Development Fund, Technical and Vocational Training Corporation and the Council of Saudi Chambers, by providing incentives and support to factories, and attracting national talent to work in industrial facilities.

In a joint statement, the two ministries said the parties involving in the programme will undertake the mission of creating the appropriate environment for Saudis to join work in the industrial sector and raising the attractiveness of jobs in factories for Saudis, by formulating regulations that help them join the sector.

The ministries affirmed that the programme would contribute to providing young men and women job seekers with the necessary skills through training programmes and technical and vocational training to ensure their continuity in work and to provide them with the major skills that help them raise productivity.

The Ministry of Human Resources and Social Development called on industrial establishments to play their role in creating job opportunities for citizens, attracting national competencies that contribute to supporting the local economy and providing job opportunities for the sons and daughters of the nation.

All industrial establishments that have a licence from the Ministry of Industry and Mineral Resources can enter the special platform through the national employment portal “Taqat” to benefit from the support programmes.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *