What is the name of the Saudi labor market localization policy, introduced in 2011, which categorizes private companies into color-coded tiers based on the percentage of Saudi citizens employed?
Answer and explanation
Correct answer: C. Nitaqat
- Step 1: Review workforce localization frameworks: Administered by the Ministry of Human Resources and Social Development.
- Step 2: The Nitaqat program classifies private enterprises into Platinum, High Green, Mid Green, Low Green, and Red tiers based on their Saudization ratios, linking hiring permits to compliance.
Answer
Nitaqat.
Why not the others: 'Hafiz' is a national unemployment assistance subsidy; 'Musaned' is a digital recruitment platform for domestic labor; 'Tamheer' is an on-the-job training program for university graduates.
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