30 Jul 2024
RIYADH: The Saudi national workforce is set to receive a 20 percent boost in financial support for nearly 98 jobs and activities within the municipal and housing sectors.
The Ministry of Municipalities and Housing, in collaboration with the Human Resources Development Fund, announced an increase in the financial aid percentage for the Employment Support Program from 30 percent to 50 percent. This adjustment will apply to 53 professions and 45 activities, with a maximum limit of SR3,000 ($800).
The ministry, formerly known as the Ministry of Municipal, Rural Affairs, and Housing, said in a post on its X account that the decision aims to enforce localization and supply the sector with well-trained and qualified workers.
The employment program is part of the government’s broader strategy to increase the participation of Saudi nationals in various sectors, aligning with Vision 2030 goals to diversify the economy and enhance employment opportunities for Saudis.
The Ministry of Municipalities and Housing, in partnership with the Ministry of Human Resources and Social Development, announced that the decision to localize 25 percent of engineering professions took effect on July 21. This policy will apply to private sector establishments employing five or more workers in engineering jobs.
This decision is part of both ministries’ efforts to create more engaging and productive job opportunities for citizens throughout the Kingdom.
The housing ministry said that it will oversee and implement this decision to boost labor market participation, ensuring alignment with market requirements and the specific needs of engineering professions.
The ministry also said that private sector establishments will benefit from various incentives and support programs offered by the human resources and social development system to aid in hiring Saudis.
The ministry explained that these programs include recruitment and job-matching assistance, essential training and qualifications, and ongoing employment support. Establishments will receive priority access to all available localization and employment support programs through HRDF.
The Ministry of Human Resources and Social Development has issued a procedural guide outlining the localization requirements and necessary percentages, saying that establishments must comply with these regulations to avoid non-compliance penalties.