HRSD launches award for excellent Saudi businesses
Saudi arabia– Registration for the “Labor Award” for firms in the private sector has begun, according to the Ministry of Human Resources and Social Development.
The award, now in its second iteration, has been established, according to the ministry, “to recognise the efforts of outstanding enterprises in various tracks and motivate them to apply distinctive practical models and enhance compliance with the standards of the ideal work environment to achieve competitiveness and encourage the workforce to work in.”
The Sauditization, the work environment, and the skills and training are the three primary criteria for the award. There are a total of 24 prizes in these three categories.
The three regions were picked, according to the ministry’s spokesperson Saad A. Al-Hammad, because they are strategically significant in promoting Saudization and providing employment possibilities for Saudi young people.
It will increase awareness of businesses, inspire them to follow the rules and standards for a great workplace in order to be competitive, and motivate individuals to work for private-sector companies.
It will also motivate businesses to engage in enhancing Saudi employees’ abilities and raising the rate of employee retention, he continued.
Al-Hammad claims that the first iteration of the prize met its objectives by encouraging businesses to Saudize and adhere to ethical standards, which prompted the ministry to be ready for the second.
According to him, the private sector is crucial to economic growth, and prizes like these inspire, motivate, and help businesses carry out their obligations to complete the collaboration between all sectors in implementing the ambitious Vision 2030 reform objectives.
The ministry emphasised that all businesses that satisfy the requirements for the prize would be electronically nominated, and that staff members at those businesses must take part in filling out the questionnaire by signing up on the Qiwa platform or by utilising the direct link: https://laboraward.qiwa.sa/ To promote openness, the government urged workers at these firms to respond to the survey and rate their working conditions.