Saudi ArabiaMoney & Business

Saudi Arabia set to raise minimum wage by a third

Saudi Arabia will raise its minimum wage for citizens by a third to SR4,000 ($1,066), according to a statement by the Ministry of Human Resources and Social Development.

The ministry said the decision will be applied five months from Wednesday, without giving an exact date.

The higher minimum wage must be paid for a worker to be counted as part of a company’s quota of citizen employees, the ministry said. Workers paid between the previous minimum wage of SR3,000 and SR4,000 will be counted as half of a Saudi employee.


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