Government to provide cash incentives for private sector to hire Saudis

The government will add to the wages of Saudis employed in the private division, one of a few impetuses to motivate the hiring of nationals and increment their support in the labor market.

Saudi Minister of Labor and Social Development Ahmad Al-Rajhi declared the activity in Riyadh on Tuesday.

Al-Rajhi, who is also chairman of the Governing Council of the Human Resources Development Fund (HRDF), said the program was gone for enhancing skills and preparing the Kingdom's populace for the future.

Saudi Arabia has confined certain jobs to Saudis and squeezed organizations to utilize higher proportions of nationals to foreign workers. 

Its Vision 2030 change plan needs to slice joblessness from 11.6 percent to seven percent and to build women’s cooperation in the workforce from 22 percent to 30 percent.

Under the ministry’s program the minimum monthly wage to be supported is SR4,000 ($1,066) and the most extreme is SR10,000.