It was preluded by several meetings and workshops with representatives of the private sectors and the Council of Saudi Chambers and is based on studies and research that included international best practices in this eld | It applies to all expatriate workers in the private sector, and includes specic control measures put in place to take into account the rights of both parties of the contractual relationship |
---|---|
It would also incase its ranking on international competitiveness indicators as it elevates the labor regulations to international practices in line with signed labor conventions | LRI is also expected to decrease the number of dispute cases between employers and employees and attract high-level caliber from around the world |
LRI also outlines conditions applicable during the validity of the contract, provided a notice period and specic measures are adhered to.
27This, in turn, will reect positively on the job market by increasing the employment opportunities for Saudis while also increasing the attractiveness of the local job market for top talent | In addition to other programs concerning the development and improvement of the working environment and safeguarding the rights of both parties of the employment relationship |
---|---|
LRI comes to enhance the competitiveness of the local Saudi labor market and puts it on par with similar international markets | The reforms come into eect on March 14th |
.
.
4