King Salman Announces That Saudi Government Will Cover 60% Of Private Sector Salaries
Following the directions of the custodian of the two holy mosques, the Saudi government will cover 60% of the salaries of private-sector employees in the entities affected by the spread of the coronavirus pandemic by way of the Saned system.
The Custodian of the Two Holy Mosques orderes the goverment through Saned system to bear 60% of the salaries of Saudi employees in private sector, in facilities affected by the repercussions of the spread of the novel coronavirus.#SPAGOV pic.twitter.com/hBFrsMPo0o
— SPAENG (@Spa_Eng) April 3, 2020
The Royal Decree excludes the 12-months social insurance membership, and it is sufficient to have an existing subscription as of the beginning of this year.
The Royal Order targets all private sector enterprises that face financial difficulties in paying their workers’ wages due to the Corona Virus crisis, except the following sectors financial, telecommunications, and food sales.
