DAMMAM: The Labor Ministry announced on Saturday that private companies in the green and premium categories — the companies who are abiding by Saudization rules or who have exceptional track records in this regard — would enjoy a lot of benefits and incentives from Sept. 10 for their efforts in employing more Saudis.
It said companies would be able to know their position by visiting the ministry’s website www.mol.gov.sa
musicman The illiterate of the future will not be the person who cannot read. It will be the person who does not know how to learn. [Alvin Toffler]
The company I work for is regularly nailed by the Ministry of Labor for its non-compliance to saudization ratios (10% in our case). We already experience many problems/delays with renewal of Iqamas for expats.
Turn out mine is red too ,the company gave us legal papers to sign , in order to preserve it's secrets and never leave without their permission i dont see the saudi government retracting on this , this is gonna hit the economy so hard, as from now on , people should stop investing money .
Dependents and domestic expat labor do not come under this scheme and will be NO color indicated when the Iqama number is tested on the website.
I still cant understand why mine is not showing any color since my sponsor is a registered consulting company with just me and my Saudi sponsor only (2 employees) which makes us 50% Saudi compliant.
have i said this before? hmm maybe not here (but on facebook)...i heard from a govt source that everyone's status is red until they review your company...they haven't scanned all companies yet...so you have to wait