What is Saudization percentage?
JEDDAH: Within the Kingdom’s private sector, the Saudization rate — the percentage of workers who are Saudi nationals — rose to 22.75 percent in the first quarter of 2021, compared to 20.37 percent during the same period last year.
What does nitaqat mean?
Saudization (Arabic: السعودة), officially known as Saudi nationalization scheme, or Nitaqat (Arabic: النطاقات), is the newest policy of the Kingdom of Saudi Arabia implemented by its Ministry of Labor and Social Development, whereby Saudi companies and enterprises are required to fill up their workforce with Saudi …
What is nitaqat certificate?
Nitaqat is a program that assesses establishments’ performance in terms of nationalization of jobs. It categorizes them into four categories comprising excellent, green, yellow and red.
How is nitaqat calculated?
The range of the entity in the Nitaqat program is determined according to the entity’s performance in Saudization in the last 26 weeks by calculating the average weekly Saudization rate in accordance with the previously mentioned formula so that those rates of 26 weeks are added together and then divided by the number …
How do I check my nitaqat status?
How to check company nitaqat status
- Visit Saudi Ministry Of Labor website by following this link ” www.mol.gov.sa “.
- Type your iqama (Muqeem) number in 2nd text box “رقم اللقامه ” as shown in above image.
- Enter image code in fourth box which is just below the image.
- Press Enter or click on “بحث”.
What is nitaqat program and what are its implications?
Also in 2011, a Saudization program, called the new Nitaqat was launched by the Ministry of Labour and Social Development (MSLD). It is a program of obligatory incentives to get Saudis into work and painful disincentives to punish those private companies who fail to comply.
How is saudization calculated?
rate calculated by dividing the total Saudi Employees in the entity’s firms by (total of the average Saudi employees in the entity’s firms + total average of expatriate employees in the entity’s firms) x 100.
How do you know if red is green?
Visit the Ministry of Labor website: https://mol.gov.sa/ Enter the “IQAMA NUMBER” or “BORDER NUMBER” or “PASSPORT NUMBER” in the middle column (as indicated in the screenshot). Enter the “image code”….Procedure to check Iqama color status on MOL KSA website
- Iqama Number.
- Passport Number.
- Border Number.
How can I check my Iqama transfer?
To check Iqama transfer status, visit the Ministry of Labor website. In the new window, you will see the name of your current employer. Once the Iqama Transfer Request is accepted, you will be able to see the new Kafeel name (Sponsor Name).
How do I know if my sponsor is Red or Green?
You can check the Nitaqat Status of your company or the Iqama color Red, Green, Yellow of your Kafeel through the Ministry of Labor website https://mol.gov.sa/. Requirement: Iqama number of an expat under Kafeel sponsorship.
How do I check my nitaqat?
You can check the Nitaqat Status of your company or the Iqama color Red, Green, Yellow of your Kafeel through the Ministry of Labor website https://mol.gov.sa/.
What is the case of Nitaqat in Saudi Arabia?
“Nitaqat”with particular reference to the case of Saudi Arabia, in order to pursuing the strategy of Saudization that been introduced at the late of the 90s. The analysis is based on a number of interviews have been done with HR mangers in different economic activities in the Saudi private sector.
How many disabled employees are counted in the Nitaqat program?
In the Nitaqat program, 1 disabled Saudi employee is counted as 4 able-bodied Saudi employees. Employers have preferred to hire disabled workers since employment costs are greatly reduced. Additional fines of 2]
What is the purpose of the Nitaqat program?
Nitaqat is an Arabic word that means “ranges” or “limits”. The primary goal of this program is to assist the “Saudization” initiative and to absorb Saudi job seekers. Theoretically, this should reduce the unemployment rate in the country by forcing companies and firms to hire more
When do changes in Saudization come into effect?
Changes affecting a company’s Saudization levels will come into effect immediately on hiring a Saudi national and NOT after 26 weeks as was the case previously. Removing the 26-week buffer means companies in the Yellow or Red categories can become compliant quickly.