Browse
related articles
Saudi Arabia sets minimum salary for Saudis in private firms at SR3,000
- Saudi Arabia: Tuesday, January 15 - 2013 at 06:24
The Saudi labour ministry has announced the new minimum salary system is to be implemented from February 2, in order to encourage private firms to increase salaries for Saudi workers, Arab News has reported. Under the new system, a Saudi worker should be paid a salary of not less than SR3,000 to consider him/her as a full Saudi worker in the Nitaqat Saudization programme. The system was introduced to make the private sector more attractive to Saudis and cut down unemployment rate in the country.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
