The Ministry of Labor has established a new mechanism to calculate actual nationalization rates in private sector companies in a bid to weed out fake statistics and encourage Saudi staff retention. Nationalization rates will be calculated according to weekly employment rates over a 26-week period. Statistics for Saudi employment will be provided by the General Organization for Social Insurance (GOSI), while the National Information Center at the Interior Ministry will provide figures on expatriates. Weekly employment rates will also be assessed relative to compulsory nationalization rates stipulated in the Nitaqat scheme.
08-13-2014, 06:40 AM
New mechanism to eliminate fake Saudization
العرض الشجري