Oman sets minimum wage for Omani National
30 September, 2020
Oman has decided to set the minimum wage of all Omani national employees to 325 Omani riyals, irrespective of their educational qualification. It was Nasr Al Hosni, undersecretary of Oman’s Ministry of Labour, who announced the landmark move to de-link the minimum wage requirement to academic qualifications. The decision is part of the Fiscal Balance Programme of 2020-2024 plan (Tawazon).
Initially, the salary was not fixed and was paid as per the qualifications of the employees. Oman government has increased the quality of living of its people by raising the minimum wages to 325 riyals.
The Ministry of Labour has been initiating many plans to improve job opportunities for the citizens in the government and private sectors. In order to provide jobs for Omanis, they have discontinued the sub-contracting of expatriate employees.
A meeting was held by Mr.Al Hosni, where more than 30 human resources officials had taken part and has promised to lend their support in providing necessary job-training and skill-transfer to the Omani cadres. The meeting focused on replacing the expatriates with the citizens of Oman in various industries.
Recently, several organizations offered vacancies in government offices including the health sector for Omani candidates. The Ministry of Labour is focusing on starting Omanisation in organizations through regular meetings with the private sectors to provide job opportunities for Omanis.
Oman has come up with a steady plan to provide job opportunities for its citizens, which can be adopted by other countries too. “Omanisation” will bring growth in the economic status of the country as well as the citizens. The government aims to provide a better living condition to its citizens by raising the minimum wage and through Omanisation.
Read our blog on Oman gratuity policy.
To know more about our payroll process, Click here
Whilst every effort has been made to ensure the accuracy of this information, HLB HAMT will not accept any liability arising out of errors or omissions. Please note that this blog is not all-inclusive. Our guidance is designed only to give general information on the issues/topics covered. It is subjected to change and not intended to be a comprehensive summary of all laws which may be applicable to your situation, treat exhaustively the subjects covered, provide legal advice, or render a legal opinion.
Qatar Payroll Process: An Overview
Processing Payroll requires time, dedication, and subject knowledge; even a misconception can cause great loss.
Payroll Process in Bahrain: A brief overview
Payroll is quite a complicated and time-consuming process that requires an eye for accuracy. The process will not be the same for all countries;
Get in touch
Whatever your question our team will point you in the right directionStart the conversation