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Post by tiba77 on Oct 23, 2011 15:41:27 GMT
www.arabnews.com/saudiarabia/article449057.eceHi all! Regarding the intention of Saudi Arabia to reduce the number of expatriates and to limit the expatriates presence to 6 years, how is this affecting or will affect Saudi Aramco expatriates? Does it still make sense to think about a long term career with Aramco? Thank you for your opinions!
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Post by henpecked on Oct 23, 2011 16:34:48 GMT
Hi there
Saudi Aramco is classified 'green' under these regulations so the proposed 6 yr rule for 'yellow' companies won't apply.
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Post by tiba77 on Oct 24, 2011 10:25:50 GMT
Thank you Henpecked!
Although Aramco has a "green" classification and continues to admit lots of expatriates, it is probably one of the Saudi company with higher expatriates count. My question is if sooner or later Aramco will be "targeted" by this policies and those who based their decision to leave everything and go work to Aramco on the long term, will have to change plans.
Of course nothing is granted, but it is hard to guess how and if Aramco will be affected by this...
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Post by tiba77 on Oct 24, 2011 11:16:54 GMT
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Post by Carolina on Oct 24, 2011 11:38:39 GMT
o again
Well this is my feeling that nothing is forever and that in the oil industry is very true - any opportunity that comes our way whether it be a new company, a new job etc we must grasp it while we can - I am sure all of you understand this that life in the oil industry changes from day to day and we must learn to be adaptable - that is what us ex-pats have to do otherwise we would live in fear of the next corner we are about to take - one cannot live like that and no matter whether one works for Aramco or another oil related company throughout the world just having a job and good health truly matters and being positive!
It is no good pondering on this subject when one can get on with life and if one is lucky enough to be offered any job in the oil industry with any company one should grasp it - think about all those poor souls in the States for example - hard working people that have lost their homes and income due to the terrible world recession - so what I am trying to say is take what is on offer and enjoy the journey.
My thoughts for today.
Kind Regards
Carolina
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Post by Mr Barlow on Oct 24, 2011 18:14:09 GMT
I wouldn't worry. Whilst the flow of oil remains high but more difficult to extract and process there will always be a requirement for technically skilled and experienced Expats. The demand waxes and wanes as much to political as to the economic winds. However, without a major change in the Saudi education system and more critically cultural atudes to work I can't see Expats being displaced in any significant numbers in the next few decades.
Case in example is secretaries. There should be no problem recruiting and training staff locally for these roles however Aramco is running numerous recruitment fayres across the World.
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Post by tiba77 on Oct 24, 2011 20:22:22 GMT
Thank you again for your thoughts!
All the information helps on trying to "calculate" the "risk" of leaving my current job (also in an oil and gas company) and move to Saudi Arabia...
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Post by desi787 on Oct 25, 2011 1:46:42 GMT
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Post by Mr Barlow on Oct 25, 2011 19:57:48 GMT
If you enjoy your job and feel utilized think long and hard before making that decision.
PM me if you want.
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Post by GroveWanderer on Oct 27, 2011 6:35:53 GMT
Saudi Aramco will not be "targeted by this policy" for a couple of reasons. Firstly, the Nitaqat scheme only applies to the private sector. Saudi Aramco is not a privately-owned company, so does not fall under the purview of the Nitaqat scheme.
However, let's say, just for the sake of argument, that it did or that the Government (which owns Saudi Aramco) decided to apply the principles of the policy.
Even in that case, it would not matter how many expats the company has, the scheme does not look at the number of expat employees but the percentages of nationals and expats. Although the applicable percentage varies by sector, in the vast majority of cases, only companies with less than 35% Saudi employees would be affected.
To put it into perspective, since Saudi Aramco's workforce is 87% Saudi, the company would not only be under no pressure to get rid of any expats, it could even (in theory) replace more than 50% of its Saudi employees with expats, and it would still come into the "excellent" category which would give it special privileges in hiring and transferring expats.
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Post by tiba77 on Oct 27, 2011 13:44:17 GMT
Thank you GroveWanderer, nice explanation!
I wasn't aware of those numbers...
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Post by Chikano on Nov 10, 2011 9:25:57 GMT
wow i didnt know that aramco has 87% of employees with saudi nationalities, i thaught aramco is full of canadian, UK, USA, japanese and chinese. good to know that alot of saudi people work in aramco, now we guarantee that the numbers of aramco employees wont be reduced.
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