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Wed 12 Nov 2014 03:17 PM

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Minimum wage for Saudis to be more than double that of expats from 2015

Saudi Labour Ministry plans to fix minimum wages in the private sector from next year

Minimum wage for Saudis to be more than double that of expats from 2015
Saudi money, Saudi currency, Saudi economy, Saudi finance, GCC currencies

Saudi Arabia is considering fixing the minimum wage for both Saudis and expats in the private sector in 2015 as the third part of its wage protection programme, local media reported on Tuesday.

With a minimum wage for Saudis at SAR5,300 ($1,412) and expats at SAR2,500, the Labour Ministry aims to make the private sector more appealing to Saudis and boost the process of job nationalisation, the Saudi Gazette reported.

Mansour Al-Shethry, chairman of the Saudi Labour Market Committee, said that salaries of 1,600,070 Saudis employed in the private sector were less than those of expatriates.

A recent study, conducted by the World Bank and the Ministry of National Economy and Planning, showed that salaries of Saudis working in the private sector were less than the natives of other GCC countries would receive.

Arabian Business: why we're going behind a paywall

Koshy Samuel 5 years ago

MacDonald, KFC and all hot Ham burger shops already pay minimum salary of SAR. 5,000/- advertised on big banners all over the place in front of the shops...