Saudization Of Consulting Services: Second Phase Boosts Job Opportunities In Saudi Arabia
Category: Saudi Arabia
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The Ministry of Human Resources and Social Development in Saudi Arabia has announced the commencement of the second phase of Saudization for consulting services professions, effective March 25. This strategic move aims to enhance job opportunities for both male and female citizens across various regions of the Kingdom, with a focus on sectors such as financial, engineering, health, and senior management consulting.

1. Expansion of Saudization:

. Detail the expansion of Saudization to encompass 40 percent of professions in consulting services, targeting key areas including financial, engineering, health, and senior management consulting.

2. Government Collaboration:

. Highlight the collaborative efforts between the Ministry of Human Resources and Social Development, Ministry of Finance, Local Content and Government Procurement Authority, Expenditure and Project Efficiency Authority, and Human Resources Development Fund in implementing Saudization policies.

3. Professions Covered:

. Specify the major professions included in the second phase of Saudization, such as financial consulting specialist, business consulting specialist, and project management roles, emphasizing the ministry's commitment to enhancing Saudi participation in the labor market.

4. Incentives for Private Sector:

. Discuss the package of incentives offered to private sector establishments to encourage the employment of Saudis, including support for recruitment, training, qualification, and career continuity, along with priority access to nationalization support programs.

5. Compliance and Penalties:

. Emphasize the importance of establishments adhering to Saudization regulations to avoid statutory penalties, underscoring the ministry's commitment to enforcing compliance for a sustainable labor market.

As Saudi Arabia implements the second phase of Saudization for consulting services professions, the Ministry of Human Resources and Social Development underscores its commitment to enhancing job opportunities and increasing Saudi participation in the labor market. Through collaborative efforts and comprehensive incentives, the Kingdom aims to create a stimulating and productive work environment while ensuring compliance with localization regulations for sustained economic growth.

26 Mar, 2024 0 512
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