Riyadh, Saudi Arabia: Balancing the need for international talent with Saudi Arabia's ambitious Saudization goals is the need of the hour for companies operating in the Kingdom, according to a recent survey by TASC, a leading provider of human resources solutions.
The survey found that achieving a 'Green Nitaqat' status, which indicates a company's compliance with Saudization targets, while still attracting top foreign talent is a key strategy for many businesses.
To help companies navigate this landscape, TASC launched a guidebook and hosted a webinar with industry experts. The guidebook is in 3 languages: Arabic, English and Chinese. They also announced the opening of a new office in Riyadh to better serve clients in the region.
After helping over 40 local blue chip and international businesses to successfully establish their base in Saudi Arabia; TASC is now actively focussing on streamlining Nitaqat and Saudization for employers in the Kingdom.
Abdullah Alharbi, HR & GRO Specialist: "Companies must stay informed about the latest developments in regulations related to nationalizing professions and employee rights."
Mahesh Shahdadpuri, Founder & CEO of TASC: "Expanding our presence in Saudi Arabia reaffirms our commitment to providing excellent people solutions in line with Vision 2030."
Anil Singh, Country Leader of TASC: "International relocations can be challenging, but digitization of government mandates has streamlined processes."
Overall, the TASC survey highlights the importance of expert guidance for companies operating in Saudi Arabia to successfully navigate the evolving regulatory landscape and achieve their business goals while complying with Saudization requirements.