Effective Tuesday, September 5, the modified wage policy, facilitated through HADAF subsidies, represents an increase from the current $853 (SAR 3,200) minimum salary for qualifying individuals.
In a communique, Hadaf outlined that the revised regulations aim to enhance the domestic labour landscape. The Saudi human resources fund stated that the wage augmentation is in line with a sustained strategy to aid employers in the hiring of workforce within Saudi Arabia.
Saudi employers can apply for support to pay employee wages
Further revisions encompass alterations to the stipulated duration for lodging a request for assistance, subsequent to the enrolment of personnel data for social insurance.
Companies are authorised to request wage assistance for staff 90 days post the individual’s registration.