Tamkeen Initiative

To enable career growth

 

The initiative aims to support the tach SME's in the field of information technology by providing financial incentives to contribute to the continuity of technical competencies

Target Beneficiaries

MICRO TECH COMPANIES

SMALL TECH COMPANIES

MEDIUM TECH COMPANIES

Initiative goals

Supporting employee continuity

Supporting the growth of technology companies

Reducing challenges in the competition for technical competencies

Initiative Details

Company must have Manassa Tech certificate

Saudi Company must be operating for one year at least

Company must have Monshaat certificate

The company must comply with the requirements of the Wages Protection System

The employee should not be a beneficiary of other government subsidies currently

The employee's salary should not be less than SAR 6000

The employee must be a Saudi national registered in social insurance

Position title should be one of the ICT technical jobs

New graduate or less than three years of experience

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Initiative Benefits

Financial packages that raise the competitiveness of the work environment and help the stability of employees

Financial support extends to 18 months if the employee continues

Various subsidies up to 86,000 per employee

Micro enterprises can benefit from the support of two technical staff

Small Tech can benefit from the support of 3 technical staff

Medium companies can benefit from the support of 5 technical staff

Beneficiary Journey

First batch subsidies (after the employee completes 6 months at work) Employee wellbeing support up to SAR 20,000

Second batch subsidies (after the employee completes 12 months at work) Annual bonus of up to SAR 30,000

Third batch subsidies (after the employee completes 18 months at work) ESOP alternatives support up to SAR 36,000

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FAQ

Does the company have to be Saudi or one of the owners is Saudi?

Yes, the company must be Saudi or one of its owners must be Saudi

Can the new company benefit from the initiative?

The company must be 12 months or older, and must be registered in the Saudi commercial registry

Does the company’s field need to be a technical field or does it work on technical projects only?

The commercial register must indicate the technical sector, and the company must also obtain a "Manassa Tech" certificate 

Is the company required to register in Monsha'at?

Yes, the company must be registered and Monsha'at certificate must be attached to know the size of the company and the number of employees 

Can the company cancel the employee’s contract and re-hire him so that he can benefit from the support?

The support targets those who are in the employment stage or have been employed within the past 6 months.

Are retired people who receive pensions (retirement salary) from public institutions included in the program?

The support targets those who have been recently employed or those with less than 3 years of work experience.

Does the support include hiring remote workers and part-time workers?

The support for full-time employees with a unified contract system.

Does the support include non-Saudi employees?

No, one of the conditions for acceptance is that the employee must be of Saudi nationality

What is the minimum salary for employees?

The minimum basic salary accepted for support is 6,000 RAS

What is the employee’s field to which the program conditions apply?

The employee's field must be a technical field and the job title must be one of the technical jobs

Is it possible to register an employee who has been working in the company for more than 3 months?

Yes, if the employee’s period of work does not exceed 6 months from the date of GOSI registration.

Is support available to the owner and his partners?

No, the owner and partners cannot benefit from the support provided for the initiative.

When are bills submitted in the first stage (welfare support)?

It is possible to start providing services to the employee from the date of acceptance into the program, but the amounts paid will be claimed after the employee completes 6 months in the program. The invoices must be delivered within 30 days of the due date.

Is it possible to pay the support amount before the service bill that is not due on time?

No, one of the payment conditions is that the service invoice is submitted, the employee completes the target period (6 months, 12 months, or 18 months) and then it is submitted for claim.

If the company deducts any amount from the employee’s salary for any legal reason (absence, annual leave, committing a violation...), is the support amount deducted as well?

The support payment provided to companies according to the terms of the program has nothing to do with any deducts made by the company.

Can companies that received previous support from one of the available initiatives benefit from the job stability support product?

The same employee cannot be supported by more than one initiative or product at the same time.