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Saudi Minister of Labor Calls on Chambers of Commerce and Industry to Encourage Private Sector Wage Increase - ASHARQ AL-AWSAT English Archive
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Riyadh, Asharq Al-Awsat – Saudi Minister of Labor, Dr. Ghazi al Ghosaibi expects the private sector to comply with the government’s request for companies to increase their salaries and match its own generous hike of 15% for employees in the private sector, both civilian and military.

In a statement on Wednesday, the Minister commended privately owned businesses in the Kingdom who headed his call and announced a salary review.

Al Ghosaibi had asked the Chambers of Commerce and Industry to encourage their members to increase salaries of their workforce according to rank. He felt confident the sector would seize on the chance to prove its sense of responsibility and willingly reward its employees.

This call follows an earlier royal decree raising salaries and privatizing a number of previously government-run businesses as well as increasing their assets as part of a five-year plan to improve their services.

The Minister explained that the government preferred not interfere “with private institutions or impose a minimum wage” because it believed their sense of obligation and nationalism would prevail over all other considerations.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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