Saudi wage support scheme helps 133,000 workers in January

PHOTO

RIYADH: The Saudi Human Resources Development Fund (Hadaf) gave out SR300.2 million ($80 million) to private sector companies in January as part of the governments wage support scheme, benefiting 133,000 Saudi workers, according to a report by the Okaz newspaper.

Saudi private sector workers earning between SR3200 and SR15,000 were eligible for support, with the scheme covering up to 50 percent of an employees monthly wage for a period of two years.

Private companies also received an additional 10 percent support for female workers or people with disabilities.

This is not the first program launched to support Saudi wages. The Saudi Minister of Human Resources and Social Development Ahmed Al-Rajhi in November announced a decision to raise the minimum wage for Saudis from SR3,000 ($800) to SR4,000.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.