COMMERCIAL NEWS
Saudi Arabia urges firms to register for support scheme
Apr 20, 2020 4:17 PM
Saudi Arabia s Human Resources Development Fund (HADAF) has urged private sector establishments to register their Saudi employees in the Employment Support Program through the National Labor Gateway (TAQAT)....
Saudi Arabia's Human Resources Development Fund (HADAF) has urged private sector establishments to register their Saudi employees in the Employment Support Program through the National Labor Gateway (TAQAT).
The Employment Support Program is part of government support initiatives to help establishments and ensure their stability and business development in light of the current exceptional economic situation and the impact of the novel Coronavirus (Covid-19), said a Saudi Press Agency report.
The program also supports the wages of Saudis who were employed in various private sector establishments starting from 30% to 50% of the employees' monthly wages for two years, provided that the employees' wages range between SR4000 and SR15,000.
Establishments get 10% additional support when employing women, persons with disabilities, employing in non-major cities, and in small and medium enterprises for each of the categories mentioned, provided that the maximum support does not exceed 50% of the employee's monthly wage, or SR3000, whichever less, it said.