Wednesday 29 June 2011

~:C.C.4.U:~ Nitaqat: Red-label companies given Nov. 26 deadline

 

Nitaqat: Red-label companies given Nov. 26 deadline

By ARAB NEWS

Published: Jun 28, 2011 23:41 Updated: Jun 28, 2011 23:41

RIYADH: The Ministry of Labor will start implementing the third phase of the new Nitaqat system that aims to improve employment opportunities for Saudis on Nov. 
26 (Muharram 1).

This phase involves taking punitive measures against those companies in the "red" category at the end of a six-month grace period extended to them, said Ahmad Al-Humaidan, undersecretary for workers' affairs at the ministry.

"Punitive measures against companies classified in the 'yellow' category will be effective from the first day of Rabi Al-Thani next year (Feb. 23) at the end of a nine-month grace period. The grace period was given to the companies to improve their status by hiring more Saudis before they face punitive measures," he said.
Al-Humaidan was speaking at a meeting of businessmen at the Chamber of Commerce and Industry in Riyadh on Monday.
The meeting was part of a series of meetings and tours involving top officials of the ministry to shed light on the major features of the Nitaqat system as well as to answer questions from businessmen with regard to its compliance, Al-Eqtisadiah business daily reported.

Al-Humaidan reiterated the ministry's keenness in implementing the system in an effective and just manner.

"The first phase of the system that we had started implementing on June 11 involves classification of the companies and giving them a three-month period for improving their Saudization status. The second phase of implementation will begin on Sept. 10, when companies meeting their required Saudization quotas will start enjoying a number of special benefits," he said, while stressing that the Nitaqat system was only one of the initiatives taken by the ministry to intensify the Saudization drive.
Under the Nitaqat system, companies are to be labeled "green," "yellow" or "red" depending on the level of Saudis working for them. Companies in the "yellow" category will not be able to extend their foreign employees' work visas beyond six years while "red" companies will not be able to renew their foreign workers' visas at all.
"Green" companies will be entitled to a number of benefits, such as expedited services for foreign workers' visas and the ability to change the job categories of foreign workers into job categories reserved for Saudis, except for human resources managers, liaison officers, cashiers, receptionists or security guards.

He also hoped that the new drive would bring satisfactory results. Two short films featuring the challenges of the employment market and the Nitaqat system were shown on the sidelines of the meeting.

© 2010 Arab News

__._,_.___
Recent Activity:
Click & Join
CoolcollectionsForYou
http://groups.yahoo.com/group/CoolCollectionsForYou/
====================================================
Group Email Addresses
Post message: CoolCollectionsForYou@yahoogroups.com
Subscribe: CoolCollectionsForYou-subscribe@yahoogroups.com
Unsubscribe: CoolCollectionsForYou-unsubscribe@yahoogroups.com
List owner: CoolCollectionsForYou-owner@yahoogroups.com

R i z w a n-A l a m   - Owner
Alam.Rizwan@Yahoo.com

Shamsher Afridi  - Sr. Moderator
jimrizin@Yahoo.com

Raj Singh Tomar  - Moderator/Designer
rajsinghtomar@aol.com

Nikita Anand  - Moderator/Designer
hotnsexytulip@yahoo.com

------------------
DISCLAIMER :
------------------


This message serves informational purposes only and should not be viewed as an irrevocable indenture between anyone. If you have erroneously received this message, please delete it immediately and notify the sender at CoolCollectionsForYou-Owner@yahoogroups.com. The recipient acknowledges that any views expressed in this message are those of the Individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of The C.C.4.U. Group. reserves the right to repeal, change, amend, modify, add, or withdraw the contents herein without notice or obligation.
---------------------------------------------------
Note:- CoolCollectionsForYou is Not Responsible For Any Claims.
---------------------------------------------------
.

__,_._,___

No comments:

Post a Comment

Delete this element to display blogger navbar