Shangrli-La HOSPITALITY JOBS IN SAUDI ARABIA 2022:
If you are looking for a job in Saudi Arabia, you are in the right place. This article is all about Saudi Arabia jobs, what skills are in high demand, and what you need to apply. We will also cover cost of living and work permit requirements. Continue reading to learn more about the future of work in Saudi Arabia. And remember that the sooner you apply, the more successful you’ll be!
Job prospects in Saudi Arabia:
If you’re considering a move to the Kingdom, you might want to consider exploring job prospects in the country. The Saudi Arabian job market is bouncing back after its pandemic slowdown. In fact, 79 percent of employers feel positive about the future of their businesses and plan to increase headcount within the next 12 months. According to a survey conducted by recruitment firm Hays, a record 80 percent of employers intend to expand their workforce in 2022. This represents a substantial increase from the previous years. In addition, a record 43 percent of employers intend to increase their workforce in 2021 and only 29 percent expect to increase their headcount in 2020.
Despite the challenges facing Saudi Arabia’s economy, job creation is expected to increase by 2022 and beyond. The Saudi economy is expected to recover and see its unemployment rate fall to 10.7% in 2022 and 6.5 percent in 2023. In the same period, more than a quarter of the country’s population will be working outside the oil sector, which has helped the country attract more foreign expatriates.
Skills in high demand:
Developing a new workforce in Saudi Arabia is crucial if the country is to meet its ambitious Vision 2030 goals. With an estimated third of the country’s population under the age of 14, Saudi Arabia’s unemployment rate has skyrocketed, threatening social stability. The Saudi Labor Ministry recently announced that it must create at least five million jobs by 2030, but the country’s biggest challenge is in creating enough work for its young nationals.
The most sought-after positions in Saudi Arabia include senior professionals with leadership skills, delivering projects on time and on budget. Fletcher notes that these roles are largely filled by individuals with a mix of industry qualifications, years of experience, and strong commercial skills. Others include business development directors and digital transformation specialists who can contribute to the bottom line from day one. Design and pre-construction professionals are also in high demand, as are senior legal professionals, who can close business deals in the country.
Cost of living in Saudi Arabia:
The average price of food and beverages in Saudi Arabia is around USD$65/day, and the price of utilities is almost the same as in the U.S. A basket of goods costing USD$1,000 in New York costs around USD$650 in Riyadh. Transportation costs are also relatively low, with the average cost of petrol being $0.41 per liter. The benchmark car costing USD$19,233 is cheaper than in Houston TX, and groceries are -4.7% cheaper in Riyadh than in Houston TX. However, Riyadh is more expensive than Kuala Lumpur and Dubai in many aspects.
Other expenses to consider include utility costs. A one-bedroom apartment in Saudi Arabia will cost about SAR 365 per month, with a slight increase in the summer. While this is still cheaper than living in Europe or the United States, there are fewer options available, and your phone and internet bills will likely be higher. In addition, the Internet connection will cost triple the price of a similar service in Europe.
Work permit requirements:
To apply for a job in Saudi Arabia, the prospective employee must first get an employer sponsorship from a local company. The sponsoring company will have to register with the Ministry of Interior, open an immigration file containing details of the expatriate worker and submit all required documents. The employer must also file the work visa application with the Ministry of Labor, which may take 1-3 months. Once approved, the prospective employee can begin work and begin making payments.
The Ministry of Human Resources recently announced new employment requirements for the country. These new regulations aim to promote local talent in the private sector. They will impact industries such as marketing, healthcare, pharmaceuticals, and medical and dental appliances. The Saudi government also plans to restrict employment of foreign nationals in certain fields, including data entry and secretarial jobs. Non-compliance will have severe consequences for employers, including suspension of immigration services.