12/06/2014
In a workshop hosted by the East Chamber yesterday
(Hadaf): 88 000 facilities in Saudi Arabia raised the wages of their labor last year's
Human resources development Fund (aim) Emphasized that 88 000 private facility across the Kingdom, mostly of small and medium-sized enterprises, an increase in the level of wages of the Saudis last year 2013, thus becoming eligible for the program (bonus wages settlement) recently launched by the Fund and the monitoring of more than billion. This came during a workshop hosted by the Fund Thursday 12 June 2014 at the headquarters of the Chamber in Dammam, in order to publicize the program, which was attended by President of the dialogues conducted Chamber and Chairman of human resources Committee Abdulrahman bin Saleh Al-otaishan, during which the Deputy Executive Director of UNFPA, Dr. Abdul karim Alnejedi, the Deputy Director-General of the employment support fund Dr. Mansour Al-Mansour, stressed that the bonus increases with increasing salary growth rate from one period to the next and improved range.
The workshop has been showing a brief for Minister of labor engineer Adel bin Mohammed Al Faqih, who explained that the wage settlement bonus program is a stimulating and acknowledgements to companies that contributed to the increase in the number of people working for them, or raise the level of their wages. Calling all companies and institutions to take advantage of this program, this was devoted to the goal of raising the level of localization in the private sector, explaining that the registration deadline for this bonus until the 24th of the month of Ramadan. Alnejedi said: ' this workshop within the expanded campaign by the Fund for this program, we look forward to a productive, real localization so that the interests of both the employer and job seeker alike, look forward to fake numbers at the expense of any of the parties.
He said: ' we proceed in this program from our conviction and belief in the ability of the private sector to provide jobs, and find suitable and stable work environment, our aim is to resettle with stability, bonus settlement are rewarded for quality jobs. Noting that the program is a financial reward paid to those achievements in raising the wages, we encourage companies to further settlement, maintaining a certain level of salaries that we feel are a factor of stability. The maximum bonus is 50 value of the wage increment, the value does not exceed $ 10 million, and the salary cap does not exceed 15 000, the increase in wage is calculated comparing the first six months of the year with six other of the same year, and currently is the comparison between the level of salaries in the last six months of last year (2013), compared to the six months of the year (2014)
He said that the length of the registration process and get this bonus does not exceed 5 days, registration is electronically determined which institutions are eligible to receive this bonus, which was based on data from the General Organization for social insurance institution reveal that the increase in wages, adding that the number of institutions that are eligible for this bonus 88 thousand, mostly of small and medium enterprises, there are large enterprises can also benefit from the program. The 100 million was spent on eligible institutions in the eastern region came to the program. Considering that the minimum fund organizations that believe in the capabilities of Saudi citizens, and seeks to gain stability and professionally and practically. For his part the Deputy Director-General of the employment support fund Dr. Mansour Al-Mansour, said (the serious bonus) that the reward offered to an applicant has stability and continuity in the work, and includes a registered motivator, and offers them a series of incentives that encourage them after coming out of the program to join the labor market, and then Continue working if, four months in the job were given a premium 4000, if 6 months and up to 24 000 if 24 months in order to support employment in General. The President of the Chamber Abdul Rahman bin Saleh otaishan, who guided the discussions of the workshop, attended by many (and the place of women) said that the Organization of the workshop comes in the framework of cooperation between the Chamber and the human resources development Fund (aim) to define the business community regulations and programs the Ministry of labor, and to clarify the best means and mechanisms that serve the correct application of this regulation and, in the interests of all parties. In conclusion the Chamber Chair otaishan honored the Deputy Director of the human resources development fund Dr. Alnejedi with Memorial shield.
