The Human Resource Development Fund has been given the responsibilities that have been drawn out by our esteemed leadership, which was spelled out in the Resolution of the Council of Minister No. 107 dated on July 2000 and in the Royal Decree No. 18M dated on August 2000. It was decided by these authorities to establish the Fund as a legal entity that enjoys administrative and financial independence.
This status will enable those who run it to translate the policies of the government into reality; and they are supposed to do this by offering the essential knowledge and skills, which will help them to get jobs in the private sector, to Saudi youth. The execution of these policies will undoubtedly have positive effect on Saudi national economy.
The General Objective of HRDF To support the efforts to prepare a national workforce and help them employed in the private sector.
In order to realize the general objective, it will do the following:
1. Offer grants to those involved in the preparation, training, and employment of a national workforce, especially in the private sector.
2. Share the expenses of preparing, training, and employing the national workforce in the private sector.
3. Pay a percentage of the salary of any trainee who is hired by a private firm after he finishes his training. The same will be done for new recruits of the firm.
4. Offer financial assistance to programs in the field, projects, plans, and studies that are aimed to employ Saudis and help them take the place of the expatriate workforce.
5. Provide loans to private establishments that prepare and train the national workforce.
6. Embark on studies and research that are related to activities in the field of preparing, training and employing the national workforce.
For Customer service or further inquiries please contact us :
Phone: 920020301
Twitter: @hrdf_care
- Company Name:Human Resources Development Fund - Ksa | _ _ - ___
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