wWhat has been happening in the past 12 months? How are companies adjusting, and what do they see as their major challenges?
A recent study of 215 Saudi-based HR professionals conducted by Informa Middle East, highlights the Human Resource (HR) function’s response to challenges faced by organisations as they strive to meet the Saudi Government’s Saudisation quotas, while still remaining competitive.
As we move into the second half of the decade, Saudisation remains top of the agenda for most Saudi companies. With the introduction of enforceable quotas for Saudisation and severe restrictions imposedon ﬁrms who do not meet targets, ﬁrms have been forced to increase their eﬀorts to recruit and retain Saudi Nationals.
It is clear that for companies to survive, and thrive, in the face of the Nitaqat programme, they have to look carefully at how they attract, engage and retain their workforce, both Saudi National and expatriate; and this means they need to examine their HR strategies to ensure they can respond to the challenges.Whilst companies are relatively optimistic about the economic outlook and the growth potential of organisations, there are a number of important issues which the HR function needs to address if ﬁrms are to continue to grow.
Do you like this article? Sign up to receive our newsletter for HR insights delivered to your mailbox.