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RIYADH, 15 Feb 2017:
Saudi nationals represented about 16% of the workforce in the private sector in the third quarter of last year,
Al Riyadh local newspaper reported today.
According to the Saudi General Organisation of Social Insurance, there were 10.26 million employees working in the private sector by the end of September – of which 1.68 million staff were Saudis.
Meanwhile, the organisation statistics showed that 48% of local workforce in the sector receive less than US$800 (RM3,560) as monthly salary.
The ratio of Saudi workforce in the private sector remains low despite measures to make them the preferable option for employers, such as local and foreign training and various initiatives for companies that hire locals.