Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Labor Ministry 'measures' evoke mixed response  Join our daily free Newsletter

MENAFN - Arab News - 31/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The move to streamline the labor market by Labor Minister Adel Fakieh has evoked mixed reactions from the companies and employees. Some believe, it will contribute to a level field that will prove to be advantageous for all parties concerned. It is said that the cleanup will encourage and strengthen professionalism, but at the same time it will also create shortage of manpower.
Some say that before beginning streamlining the market, a replacement plan should be put into place to prevent collapse of the system.
The cleanup also means that the tendency to make maximum profit at minimum investment should give way to a more liberal and reasonable policy that contributes to profitability but not cutting corners when it comes to labor employment and benefits.
The attitude of the Saudi workers will also play an important part. It is heartening to note that an increasing number of nationals are joining the workforce, but they also have to adjust to the pays and privileges that the market can afford.
Mohammed Tahqique, factory manager, Al-Shamrani Factory for Draw Bar Trailers, stressed that the clean up of the market was necessary for safety and security reasons, and for making jobs available for Saudis. "This should have been done from the beginning at the time of nitaqat," he said.
According to him manpower shortage is there. "Earlier we had 95 workers, now we have to do with 50," he said, adding that it is not enough because the business is there, projects are being implemented, and others are coming up.
As for the contract signed by the labor minister recently, he said it remains to be seen how many workers will come and on what conditions, and how they will be distributed. It is possible that big companies may get the manpower and small firms may not benefit that much.
Tahqique said the very fact that the ministry has launched "Maan" (Together) portal on its website to collect views and proposals of the public on various issues before arriving at a final decision, augurs well, as it will bring out the problems and also generate solutions to the same in an atmosphere of cooperation and coordination.
Azizurrab, general manager of a machinery division at Abdullah Hashim Co. Ltd. praised the portal in that perspective. "Unless this is clear nobody can accept or decline to comment and put forward proposals. If a clear and real picture is given people can be in a better position to contribute ideas and advise.
According to him, the day-to-day economy is rolled out by the common man. He explained that the middle class in any country moves the economy - not the lower class or the upper class.
He said that a proper replacement plan should be in place before beginning cleanup otherwise the system will collapse. "Most of the projects in Saudi Arabia are related with the government, and these are being announced and implemented with a strategy to develop the country and if the cleanup goes against it then this is not a healthy sign for a developing country," he added.

 


Arab News




  MENA News Headlines
 Jul 6 2015 - Accidental bombing kills seven in BaghdadKhaleej Times
(MENAFN - Khaleej Times) At least seven people were killed on Monday when a warplane mistakenly dropped a bomb on a residential area in Iraq's capital Baghdad, police said.The Iraqi plane dropped the ...

 Jul 6 2015 - Jordan says it has foiled Iran-backed bomb attackKhaleej Times
(MENAFN - Khaleej Times) Jordanian authorities have foiled a "terrorist" attack and arrested an Iraqi man in possession of explosives said to have come from Iran's Revolutionary Guards, a judicial ...

 Jul 6 2015 - UAE- Engineer booked for molesting 2 cleanersKhaleej Times
(MENAFN - Khaleej Times) An engineer faced two counts of molestation for allegedly sexually harassing two female cleaners at his place on March 12.The 23-year-old Egyptian's behaviour took the women ...

 Jul 6 2015 - Dubai-based health care group to rebuild 500 houses in NepalKhaleej Times
(MENAFN - Khaleej Times) The charitable arm of one of the leading health care groups in the UAE, Aster DM Foundation, has donated Dh1.4million to rebuild 500 houses in the quake-hit Nepal.Dr Azad ...

 Jul 6 2015 - UAE's electoral base for FNC polls gets 66% widerKhaleej Times
(MENAFN - Khaleej Times) The National Election Committee (NEC) during its 12th meeting, held in Abu Dhabi on Sunday, has adopted the electoral college for the Federal National Council (FNC) Elections ...

 Jul 6 2015 - UAE- Three face attempted murder charges over road rage, sword attackKhaleej Times
(MENAFN - Khaleej Times) Three Emiratis stood trial in a Dubai court over an alleged case of road rage that ended in a sword attack.Two jobless men, and an accomplice who is still at large, faced ...

 Jul 6 2015 - UAE- Dana Gas at 7-month high after Kurdish ruling boostKhaleej Times
(MENAFN - Khaleej Times) Dana Gas shares jumped on Sunday to the highest level in seven months following a favourable court ruling in an arbitration case in London.The Abu Dhabi-listed firm's stock ...

 Jul 6 2015 - Tourism Authority of Thailand launches mobile app for Muslim visitorsKhaleej Times
(MENAFN - Khaleej Times) The Tourism Authority of Thailand, or TAT, has launched its first smartphone application designed specifically to make it easier for the growing number of Muslim visitors to ...

 Jul 6 2015 - UAE- Cityscape Global sees 30 per cent growth in exhibition spaceKhaleej Times
(MENAFN - Khaleej Times) The continued confidence in Dubai's maturing real estate market has been underlined by a 30 per cent increase in exhibitors at the Middle East's largest property showcase, ...

 Jul 6 2015 - GCC mobile market to grow 29% by 2019Khaleej Times
(MENAFN - Khaleej Times) Dubai: The GCC's mobile connected devices market is expected to increase by around 29 per cent to 45 million units by 2019 compared to 35 million units in 2015, according to ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help