24 November 2016
JEDDAH — The Ministry of Labor and Social Development will implement a new Saudization strategy next month to increase the employment of Saudis in various sectors.
The new strategic program will be based on point system, said a report carried by Al-Madina Arabic daily.
The program will also consider the average period of stay of employed Saudis in a firm and the number of Saudis drawing high salaries.
The progress of Saudization in a firm will be estimated every week for a total of 26 weeks in a row and a firm will get 10 points for every one percent growth in Saudization, the report pointed out.
A firm will get a maximum of 1,000 points, assuming 100 percent Saudization of jobs in the organization.
The Saudization of women will be considered depending on the number of women registered with the firm through the General Organization for Social Insurance (GOSI).
A firm will get two points for each one percent of Saudi women employed with a maximum of 200 points to be earned.
A firm will receive four points for each year spent by a Saudi worker in the organization and a maximum of 100 points if a Saudi stays 25 years.
Average salary of Saudi workers in a firm will be calculated after adding the salaries of all Saudi workers.
Six points will be given for every SR1,000. A firm can earn a maximum of 270 points.
For every one percent Saudis getting high salaries a firm will get 0.1 point with a maximum of 10 points.
© The Saudi Gazette 2016