Saudi Arabia introduces new regulation to support jobseekers financially


For the latest updates, news, and events of Saudi Arabia you can join our WhatsApp group or Telegram

Follow Us On  Google News

The Saudi authorities have revealed the details of new regulation to provide subsidies for job seekers, which was approved by the Council of Ministers recently.

The new regulation will disburse monthly financial assistance for jobseekers for 15 months on category payments.

For the first four months the beneficiary will get SR2,000, the next four months it will be SR1,500, after that the disbursed aid will be SR1,000 for another four months with the beneficiary receiving SR750 in the last three months.

The regulation aims to support male and female jobseekers in the age group of 20-40 who face any difficulties in getting a job.

The regulation provides the beneficiaries with an integrated support or subsidy system through training and qualifying the beneficiary in addition to monthly financial assistance as stimulation in the serious jobseeking journey.

Trending Now  Mobily and Zain National Day 91 Offer

his regulation replaces the regulation of the job search subsidy adopted by the Cabinet nearly 10 years ago and the hardship regulation of the financial provision for difficulty in obtaining work approved seven years ago.

The Human Resources Development Fund (HADAF) affirmed that the new regulation to provide subsidy for jobseekers would contribute to raising the efficiency of the services being provided by the fund to train and qualify male and female Saudi jobseekers so as to enable them to take up jobs, as well as to enhance their readiness to enter the labor market.

Trending Now  “Civil Aviation” new procedures to verify the immunization of residents before boarding the departing plane to the Kingdom

According to HADAF, the new regulation aims to support jobseekers and motivate them to enter the labor market, raise the efficiency of services and rehabilitation and training programs provided to them, and maximize their benefits from the services.

The regulation also supports the beneficiaries in their job search and enhances their readiness to work.

HADAF noted that the regulation would contribute to reducing the beneficiaries’ dependence on unauthorized people either to update their data electronically who can access the confidentiality of their data.

It will also help those who do not benefit from financial support to have training and employment services provided by the fund.

Add us on Snapchat

For the latest updates, news, and events of Saudi Arabia you can join our WhatsApp group or Telegram

Follow Us On  Google News

Please share this article with your fellows and subscribe to our website by clicking on the Bell Icon (Left Bottom of this Page) to receive notifications for every Trending article. We hope that your queries are resolved. If not, feel free to message us on our FB Page.
We are here to reply to your questions with a legal basis to assist you in all possible ways.