Source: Arab news, Ministry of Human Resource and Social Development, Life in Saudi Arabia
Saudi Arabia launched the Expatriate Worker Wage Insurance Service in a major effort to protect the rights of foreign employees in the private sector. In the event that employers fail to pay wages, this program, which was started by the Ministry of Human Resources and Social Development in partnership with the Insurance Authority, attempts to give foreign employees financial security.
Key Features of the Insurance Program
For a maximum of SAR 17,500 per worker, the insurance provider will pay unpaid wages for up to six months, assuming that at least 80% of the establishment's employees have not received their salaries. Additionally, after completing the required steps, it provides workers who want to return home with a trip ticket valued up to SAR 1,000.
Implementation and Impact
Under Vision 2030, the program is part of Saudi Arabia's larger initiatives to improve the labor market's attractiveness and efficiency. In addition to safeguarding employees' rights, this program makes sure businesses follow the law by penalizing those who don't pay their employees.
Benefits and Eligibility
Workers must meet certain requirements, such as being registered with the defaulting establishment and presenting official documentation of unpaid pay, in addition to being covered by the insurance service, in order to be eligible for reimbursement. The insurance coverage lasts for a year and is renewed every year after that.
Conclusion
An important step in defending the rights of foreign workers in Saudi Arabia has been taken with the launch of the Expatriate Worker Wage Insurance Service. In keeping with its Vision 2030 objectives, this program strengthens the Kingdom's standing as a safe and alluring location for foreign talent by offering a safety net against wage defaults.
