What does MOLSD mean in GOVERNMENTAL
The Ministry of Labour and Social Development (MOLSD) is an important ministry in the Government of Saudi Arabia, established with the aim of developing the labour market and social services sector in the Kingdom. MOLSD has a variety of responsibilities such as regulating the labour market, managing labour disputes, enforcing labour regulations and protecting workers’ rights. It also works to improve working conditions, promote workplace safety and establish minimum wage rates across industries. In addition, the ministry helps to support vulnerable populations, such as unemployed youth and those with disabilities.
MOLSD meaning in Governmental in Governmental
MOLSD mostly used in an acronym Governmental in Category Governmental that means Ministry of Labour and Social Development
Shorthand: MOLSD,
Full Form: Ministry of Labour and Social Development
For more information of "Ministry of Labour and Social Development", see the section below.
Essential Questions and Answers on Ministry of Labour and Social Development in "GOVERNMENTAL»GOVERNMENTAL"
What is the role of the Ministry of Labour and Social Development?
The Ministry of Labour and Social Development (MOLSD) is an institution that strives to build a strong, safe and prosperous nation where there are equal opportunities for all citizens. It works to advance the welfare of citizens in regards to labor rights, social security and social justice. MOLSD ensures that all workers benefit from fair wages, safe working conditions, employment opportunities and other social protections.
What services does MOLSD offer?
MOLSD provides a wide variety of services related to labor law, labor relations, worker protection, employment training and development, employee health and safety, workers' compensation, social security benefits and more. It also provides advice on how to respond to management complaints or disputes as well as information on international conventions.
Does MOLSD provide assistance to employers?
Yes. MOLSD provides guidance to employers on their legal responsibilities under national law. This includes providing information on laws relating to labor recruitment and wage compliance as well as providing guidance on developing human resource policies and procedures that comply with national laws.
Does MOLSD provide assistance with job searches?
Yes. MOLSD provides job search assistance including job referral centers where job seekers can connect with employers looking for employees in specific fields. Additionally, it offers career counseling services free of charge which help job seekers identify their skillsets through testing or self-evaluation.
Who is responsible for monitoring labour laws in Saudi Arabia?
The Minister of Labour and Social Development (MOLSD) is responsible for establishing regulations related to labour laws which are set out by Royal Decree Law No 8/2009. It enforces compliance with these regulations through inspections performed by its own inspectors or representatives appointed by the Minister who may be accompanied by police officers if required.
Does MOLSD also oversee private sector contracts?
Yes. Companies are obligated by law to register their employment contracts with the Ministry of Labour within 30 days of commencement in order to be in compliance with Saudi labour law requirements; this includes both part-time or full-time contracts along with foreign domestic helper contracts such as those provided through outsourcing companies. All parties involved must sign written copies that are then submitted for inspection at any branch of the Ministry of Labor offices throughout Saudi Arabia
How is overtime pay regulated in Saudi Arabia?
The Labor Law requires employers in Saudi Arabia pay overtime rates at least double the regular rate per hour worked beyond two hours per day when applicable; however higher rates may be specified in employee contracts subject only the limit prescribed by Royal Decree Law No 12/2015
Final Words:
The Ministry of Labour and Social Development (MOLSD) is an essential governmental body that seeks to develop Saudi Arabia’s labour market by protecting workers’ rights while promoting economic growth. Through its various initiatives, such as enforcing national employment laws or providing social services, MOLSD contributes significantly towards improving working conditions in Saudi Arabia while helping ensure that all citizens have access to fair wages commensurate with their qualifications and abilities.