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Personnel policy updates for privatization sectors
The adjustment of rules related to the treatment of employees in the targeted sectors undergoing transformation and privatization includes the approval for entities to bear the costs of end-of-service benefits and leave entitlements for employees and workers. This came as part of the privatization and national transformation programs, and was announced during a Cabinet session chaired by the Crown Prince in Jeddah. The goal of these amendments is to organize employees' rights and to achieve greater flexibility in human resource management as part of economic transformation plans and government reforms.
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