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PUBLISHED: Feb 15, 2017 6:59pm

Just one-sixth of Saudi Arabian private sector workforce made up of citizens

*** TERMINAL ATTACHMENTS ONLY *** Traders work at computer terminals inside the offices of the Tadawul All Share Index in Riyadh, Saudi Arabia, in this undated handout photo released to the media on Tuesday, July 22, 2014. Saudi Arabia will allow direct foreign investment into its stock market, opening up the Arab world's biggest bourse to money managers outside the Gulf Cooperation Council. Source: Tadawul All Share Index via Bloomberg EDITOR'S NOTE: TERMINAL ATTACHMENTS ONLY. NO SALES. EDITORIAL USE ONLY.

Source: Bernama Source:
Bernama

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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.

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