Saudi Arabia has announced the next phase of its initiative to increase employment opportunities for citizens in the consulting sector.
The Ministry of Human Resources and Social Development said that the Saudisation target for localising consulting jobs will be raised to 40 percent, up from 35 percent previously, taking effect on Monday.
The decision comes on the heels of the initial phase launched in March last year, which aimed to increase the percentage of Saudi nationals working in the advisory industry, including financial, business, and cybersecurity, as well as project management specialists and engineers.
Saudi Arabia aims for 40% job localisation
Increasing the localisation of jobs is in line with the kingdom’s economic blueprint, Saudi Vision 2030, the ministry said in a statement, as it looks to provide more job opportunities for citizens across the country in a range of industries. The ministry said it will work closely with other public sector entities to ensure the implementation of the new 40 percent target.
Private sector companies can take advantage of incentives and support programmes offers by the ministry to facilitate the hiring and retention of local employees. These programmes span areas such as recruitment, training, and ongoing job support.
The ministry has published guidelines explaining the details, implementation, and available programmes related to the decision. Nationalisation of professions and economic activities is a priority, with previous efforts targeting roles in aviation, optics, inspection services, and postal outlets.
Saudi Arabia aims not only to boost private sector employment rates for citizens but also to ensure adequate investment in their development. This will enable Saudi citizens to positively contribute to a diverse national economy as envisioned by Vision 2030.