03 April 2020 – Subsidies wages of private sector employees

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Wage and income support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: King Salman Bin Abdulaziz ordered that the General Organization for Social Insurance (GOSI) pay 60% of 60% of the registered wage in (GOSI) for a duration of 3 months, at a maximum of SR9000 monthly, with a total value of SR9 billion.

The compensation will cover 100% of Saudis working in establishments with five Saudi workers or less. It also covers 70% of Saudis working in establishments with over five Saudi workers or more.

The order stipulated that firms must continue to pay wages for Saudi and non-Saudi workers that were not included in the compensation.
Full details here: https://www.spa.gov.sa/viewfullstory.php?lang=en&newsid=2069887