$48m pumped into Saudi job support scheme

Author: 
SPA
ID: 
1619730464757612200
Fri, 2021-04-30 00:07

RIYADH: The Saudi Human Resources Development Fund (Hadaf) has pumped SR181 million ($48 million) into businesses as part of an employment support program for the month of April.
Hadaf is aiming to support the employment of Saudis, increase their participation in the labor market, empower private sector establishments and ensure their stability and development.
The program supports all jobs and professions in the private sector, at a rate between 30 and 50 percent of an employee’s monthly salary, over the course of two years.
It covers employees whose salaries range between SR3,200 and SR15,000.

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