JEDDAH: ARAB NEWS
Published — Sunday 23 December 2012
Last update 23 December 2012 5:10 pm
Labor Minister Adel Fakeih will launch the wage protection system on Monday in the private sector.
"The objective of this system is to ensure that salaries reach all employees, Saudis and non-Saudis on time without any obstacles," said Hattab Al-Enezi, director general of public relations and information in the ministry.
Sources said that the application of the system will start in major companies but other institutions will follow. A press conference by the minister in Riyadh will provide further details on this initiative.
The spokesman said the ministry will extract monthly data to follow up on the implementation process, with inspection campaigns to deal with any violations.
There are several new initiatives by the Ministry of Labor that aim to employ Saudi youth in available jobs with suitable wages, a source in the ministry said, adding that the Nitaqat (nationalization) program is one of the most important tools helping the ministry to regulate the job market.