| 24 May 2024, Friday |

Saudi Arabia advances 10 ranks internationally in gender pay gap

Saudi Arabia has achieved remarkable progress in the fields of training and gender balance in the labor market, after it approved several regulations and legislation for the development of human capabilities and women empowerment.


Last year, Crown Prince Mohammad bin Salman launched the Human Capacity Development Program, within the Kingdom’s Vision 2030, which constitutes a national strategy aimed at enhancing the competitiveness of national capabilities at the local and global levels.


Pointing to the global report on the gender gap, which was recently issued by the World Economic Forum, the Ministry of Human Resources and Social Development (MHRSD) said that Saudi Arabia advanced 10 places in the index of equal wages for similar work for both genders, to achieve the 16th place worldwide, and 12 places in terms of the percentage of women’s participation in the labor force.


With regard to training, the Kingdom jumped 22 ranks in the employee training index to achieve the 14th place globally, and 12 ranks in vocational training, to occupy the 9th rank in this indicator, according to the IMD World Competitiveness Yearbook (WCY).


The Saudi Council of Ministers has recently approved the adoption of the national policy to encourage equal opportunities and equal treatment in employment, which aims to eliminate any discrimination in this field.


The percentage of women’s participation in the local labor market during the past year reached 37 percent, exceeding the target of 30 percent, which was set within Vision 2030.


The MHRSD recently announced that the percentage of commitment to the new decisions and regulations by establishments operating in the labor market reached 98 percent, while the percentage of commitment to wage protection reached 80 percent. The rate of the amicable settlement of labor disputes rose to 74 percent.

  • Asharq Al-Awsat