- Country Guide
- Saudi Arabia
Saudi Arabia
Last Update by Federico, 03 Oct 2024
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Exchange Rate
10 Oct 2024
Cost of Living
Indicative value for a working adult in a city: Riyadh
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (SAR) |
|---|---|
| McDonalds Set Meal | 30 |
| Monthly Train and Bus Tickets | 124 |
| 3 Bedrooms Rental (City Center) | 7,541 |
| 3 Bedrooms Rental (Outskirt) | 3,728 |
Current Inflation Rate
1.6%
Wage
Minimum Wages
- The minimum wage is 4,000 SAR for private sector.
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (SAR) |
|---|---|
|
Entry-Level
Fresh Graduate
|
7,300 |
|
Mid-Level
5 Years
|
11,000 |
|
Experienced & Managerial Level
10 Years
|
20,000 |
|
Specialized & Senior-Level
15 Years
|
36,000 |
Annual Salary Growth
2.1%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| General Organization for Social Insurance (GOSI) |
11.75% 2% for non-Saudi nations |
9.75% 0% for non-Saudi nations |
All local staff All non-Saudi nationals |
| Unemployment Insurance (SANED) |
1% Income between 1,500 and 45,000 SAR per month |
1% Income between 1,500 and 45,000 SAR per month |
All local staff under 59 years old (mandatory for private sector nationals,, government staff subject to social insurance law) |
| Occupational Hazard | 2% | - | All staff |
| IQAMA | 10,250 SAR per year | - | All expat staff on employment visa and residence permit |
| Annuities (Pension Branch) | 9% | 9% | All local staff only paid in cases of retirement, disability or death |
| Saudi Labor Office Fees/Expat Levy/(Maktab Amal Fee) | 800 SAR per month | - |
All expat staff by Saudi businesses Requires hiring Saudi nationals on a quota basis |
| Transportation Allowance | 10% of basic salary | - | Remote working staff |
| Housing Allowance | 25% of basic salary | - | Remote working staff |
Other Benefit
Other common employment benefits in Saudi Arabia include:
- Additional Health Insurance: 800 SAR per month
Income Tax
Residents
-
Tax period: based on the company’s fiscal year
Filing Due Date: within 120 days of the company's fiscal year - There is no personal income tax.
Working Hours
Statutory
40-48 Hours
8 hours a day, 5-6 days a week
Typical practice
40/48 Hours
Sunday- Thursday
Overtime
Employees can work maximum of 10 hours a day, 60 hours per week
- Paid at 150% of basic salary
Employment Contract
Fixed Term
Used for project-based work and temporary positions requiring highly skilled staff
Contract Format
Written in Arabic, bilingual contracts are accepted but Arabic must be one of the language. Two copies are made and provided to each party
Payroll Currency
SAR
Probation
Statutory: 90 days
Up to 180 days: Upon agreement
Contract Period
Up to 4 years, can be renewed 3 times, total duration can not be longer than 4 years
Termination
-
Notice during probation for staff and employers:
- No notice required -
Notice after probation for staff and employers:
- 30 days in writing -
Severance (EOS) Voluntary resignation:
- Staff with 2 completed years' service are eligible
- Under 2 years' service: 1/3 monthly salary * service years
- 5- 10 years' service: 1 additional monthly salary * additional service year
Severance (EOS) involuntary termination:
- First 5 years' service: 0.5 monthly salary * service years
- Each subsequent year: 1 month salary * service for exceeded service years
Public Holiday
11 days
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave |
21 calendar days - under 5 years' service 30 calendar days- + 5 years' service |
All staff after 90 days' service |
| Sick leave | Up to 120 working days per year | All staff after 90 days' service |
| Maternity Leave |
10 weeks 4 weeks taken before birth, 6 weeks after |
All expectant mothers |
| Paternity Leave | 3 working days | All expectant fathers |
| Bereavement Leave | 5 working days | All staff with death of a family member |
| Marriage Leave | 5 working days | All staff |
| Iddah Leave |
4 months and 10 days for Muslims 15 days for non Muslims |
All wives whose husbands die |
| Hajj Leave | 10-15 working days | All eligible Muslim staff with 2 consecutive years' service for the first pilgrimage |
Reference
- https://www.numbeo.com/cost-of-living/in/Riyadh
- https://lifeinsaudiarabia.net/housing-transportation-allowance-saudi-arabia/
- https://www.hrsd.gov.sa/en
- https://www.gosi.gov.sa/GOSIOnline/Coverages&locale=en_US
- www.my.gov.sa
- https://www.hrsd.gov.sa/en/knowledge-centre/articles/64410
- https://www.spa.gov.sa/en/N2150047
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Contact UsCountry Guide - Saudi Arabia
Last updated: 03 Oct 2024
Exchange Rate
Currency (SAR)
- 1 CNY = 0.185 SAR
- 1 USD = 1.32 SAR
Other currencies can be retrieved via the country guide link above.
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Labor Cost Calculator
To know the total employer cost for hiring a staff with certain salary, please go to our main site: https://marcopayroll.com
Cost of Living
Indicative value for a working adult in a city: Riyadh
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (SAR) |
|---|---|
| McDonalds Set Meal | 30 |
| Monthly Train and Bus Tickets | 124 |
| 3 Bedrooms Rental (City Center) | 7,541 |
| 3 Bedrooms Rental (Outskirt) | 3,728 |
Current Inflation Rate
1.6%
Wage
Minimum Wages
- The minimum wage is 4,000 SAR for private sector.
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (SAR) |
|---|---|
|
Entry-Level
Fresh Graduate
|
7,300 |
|
Mid-Level
5 Years
|
11,000 |
|
Experienced & Managerial Level
10 Years
|
20,000 |
|
Specialized & Senior-Level
15 Years
|
36,000 |
Annual Salary Growth
2.1%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| General Organization for Social Insurance (GOSI) |
11.75% 2% for non-Saudi nations |
9.75% 0% for non-Saudi nations |
All local staff All non-Saudi nationals |
| Unemployment Insurance (SANED) |
1% Income between 1,500 and 45,000 SAR per month |
1% Income between 1,500 and 45,000 SAR per month |
All local staff under 59 years old (mandatory for private sector nationals,, government staff subject to social insurance law) |
| Occupational Hazard | 2% | - | All staff |
| IQAMA | 10,250 SAR per year | - | All expat staff on employment visa and residence permit |
| Annuities (Pension Branch) | 9% | 9% | All local staff only paid in cases of retirement, disability or death |
| Saudi Labor Office Fees/Expat Levy/(Maktab Amal Fee) | 800 SAR per month | - |
All expat staff by Saudi businesses Requires hiring Saudi nationals on a quota basis |
| Transportation Allowance | 10% of basic salary | - | Remote working staff |
| Housing Allowance | 25% of basic salary | - | Remote working staff |
Other Benefit
Other common employment benefits in Saudi Arabia include:
- Additional Health Insurance: 800 SAR per month
Income Tax
Residents
-
Tax period: based on the company’s fiscal year
Filing Due Date: within 120 days of the company's fiscal year - There is no personal income tax.
Working Hours
Statutory
40-48 Hours
8 hours a day, 5-6 days a week
Typical practice
40/48 Hours
Sunday- Thursday
Overtime
Employees can work maximum of 10 hours a day, 60 hours per week
- Paid at 150% of basic salary
Employment Contract
Permanent
Reserved for Saudi Arabia citizens
Probation
Statutory: 90 days
Up to 180 days: Upon agreement
Termination
-
Notice during probation for staff and employers:
- No notice required -
Notice after probation for staff and employers:
- 60 days in writing -
Severance (EOS) Voluntary resignation:
- Staff with 2 completed years' service are eligible
- Under 2 years' service: 1/3 monthly salary * service years
- 5- 10 years' service: 1 additional monthly salary * additional service year
Severance (EOS) involuntary termination:
- First 5 years' service: 0.5 monthly salary * service years
- Each subsequent year: 1 month salary * service for exceeded service years
Fixed Term
Used for project-based work and temporary positions requiring highly skilled staff
Probation
Statutory: 90 days
Up to 180 days: Upon agreement
Termination
-
Notice during probation for staff and employers:
- No notice required -
Notice after probation for staff and employers:
- 30 days in writing -
Severance (EOS) Voluntary resignation:
- Staff with 2 completed years' service are eligible
- Under 2 years' service: 1/3 monthly salary * service years
- 5- 10 years' service: 1 additional monthly salary * additional service year
Severance (EOS) involuntary termination:
- First 5 years' service: 0.5 monthly salary * service years
- Each subsequent year: 1 month salary * service for exceeded service years
Public Holiday
11 days
2024
| Date | Name |
|---|---|
2025
| Date | Name |
|---|---|
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave |
21 calendar days - under 5 years' service 30 calendar days- + 5 years' service |
All staff after 90 days' service |
| Sick leave | Up to 120 working days per year | All staff after 90 days' service |
| Maternity Leave |
10 weeks 4 weeks taken before birth, 6 weeks after |
All expectant mothers |
| Paternity Leave | 3 working days | All expectant fathers |
| Bereavement Leave | 5 working days | All staff with death of a family member |
| Marriage Leave | 5 working days | All staff |
| Iddah Leave |
4 months and 10 days for Muslims 15 days for non Muslims |
All wives whose husbands die |
| Hajj Leave | 10-15 working days | All eligible Muslim staff with 2 consecutive years' service for the first pilgrimage |
Reference
- https://www.numbeo.com/cost-of-living/in/Riyadh
- https://lifeinsaudiarabia.net/housing-transportation-allowance-saudi-arabia/
- https://www.hrsd.gov.sa/en
- https://www.gosi.gov.sa/GOSIOnline/Coverages&locale=en_US
- www.my.gov.sa
- https://www.hrsd.gov.sa/en/knowledge-centre/articles/64410
- https://www.spa.gov.sa/en/N2150047
Contact Info
-
Singapore (Headquarters)
8 Marina Boulevard, MBFC Tower 1, #11-01, Singapore, 018981
+65 6653 4334 -
China (Headquarters)
79 Jianguo Road, China Central Place Tower 2, #09-52, Beijing, 100025
+86 10 6580 0555 -
China (Service Center)
23 Dagong Street, Eton Place Tower 2, Unit 1808, Dalian, 116001
-
United States
445 S Figueroa St, 31st Floor, Los Angeles, California, 90071
-
United Kingdom
71 - 75 Shelton Street, London, England GB
-
Netherlands
Vijzelstraat 68, 1017 HL, Amsterdam
-
Australia
Level 22, Salesforce Tower, 180 George Street, Sydney, NSW 2000