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Free transfer of sponsorship to ‘create job market chaos’
RIYADH - Several experts agreed on the negative effects of proposed amendments in the labor law that allows expatriates to freely transfer their sponsorship between companies in the green and platinum categories of the Labor Ministry’s Saudization program k**wn as Nitaqat. Previously, expatriates needed the approval of their respective employers but the ministry plans to do away with this requirement, Al-Jazirah daily reported. Under the Nitaqat program, private firms, based on the percentage of Saudization, are classified into platinum, green, yellow and red categories. Companies with high Saudization rates will come under the platinum and green categories, while those who fail to achieve the required rates or refuse to employ Saudis will be included in the yellow and red categories, respectively.
أكثر... المصدر: Forums Free transfer of sponsorship to Ucreate job market chaosM |
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