Features of The Platinum Range

 Features of The Platinum Range

Features of The Platinum Range

Features of the platinum range

The platinum domain is an electronic domain available in the Kingdom of Saudi Arabia, and it is one of the most important domains issued by the Ministry of Labor and Social Development, which is concerned with the localization of jobs, and the evaluation of government and private establishments and institutions, which have large numbers of Saudi employees.

The platinum band comes at the forefront of the order of bands, followed by the green band, then yellow, then red, and among the most prominent features of the platinum band are the following:

  • It provides the opportunity to request visas for the professions needed by investor establishments within the professions specified by the Council of Ministers, with the importance of maintaining the same platinum scale by these establishments.
  • The citizen waits for one week for the jobs to be displayed on Taqat Portal.
  • It is allowed to modify professions for expatriate workers in establishments, provided that the residency of the expatriate worker does not exceed 6 months from the date of renewal.
  • It allows the issuance of a localization certificate through the services of electronic portals, which allows establishments to apply for government tenders.

Platinum targets

The Ministry of Labor in the Kingdom of Saudi Arabia seeks to achieve many goals through domains, which are as follows:

  • Reduce unemployment and unproductive employment.
  • Establishing a culture of work among individuals and thus improving the performance of the labor market.
  • Providing various job opportunities.
  • Reducing dependence on expatriate workers.
  • Provide an environment conducive to work.

Conditions for obtaining the platinum scale percentage

Calculating the average number of workers in all unified number entities automatically for a period of 26 days as follows:

  • Average natural Saudi employees.
  • average expatriate employee.
  • Average special cases.

Immediately calculating the localization ratio coefficient for all entities with the unified number of domains within one week; This is in the event that all entities of the unified number in the low green range and the green range of small entities remain connected for a period of 13 weeks.

  • Unified number entities that have been converted to the yellow range or below within a period of 4 weeks.
  • Unified number entities that have been converted to the yellow range or below within a period of 18 weeks.

 Other domain types

The Kingdom of Saudi Arabia provided a group of domains, including the Platinum domain, while the other domains are as follows:

Green scale

The green range relates to companies or establishments that contain a percentage of employees less than the Saudi employees who are in the organizations belonging to the platinum range, and it is one of the safe ranges.

Red band

The red range relates to companies or institutions that have not reached the required localization rate, as this range does not allow changing the profession of expatriate workers and transferring their services, does not allow new visas, issuing licenses for expatriate workers, or opening a file for a new facility, and the red range is the lowest among the other ranges .

yellow band

It is a domain for companies or institutions that have not reached the required localization rate, and one of its advantages is that it allows the renewal of work permits for expatriate workers, and does not allow issuing new visas or changing the professions of expatriate workers and transferring their services.

To find out more information about the domains program in the Kingdom of Saudi Arabia, you can access the Unified Domains Directory by clicking here

What is the difference between platinum band and green band

With the multiplicity of bands in the Kingdom of Saudi Arabia, there are many and different differences between them, and the following is an explanation of the differences between the platinum band and the green band:

  • Urgent visas are available for the platinum and green bands, without the need to visit labor offices.
  • The platinum and green bands are distinguished by the possibility of transferring services to expatriate workers from any band, according to the controls of this service.
  • Entities within the Platinum range are the ones that are privileged in localization.
  • The green range is divided into 3 types: high green range, medium green range, and low green range, and each range has different advantages from the other.
  • The high green band includes entities in organizations with localization in the upper third.
  • The medium green band includes entities in organizations where the percentage of Emiratisation is in the middle third.
  • The low green band includes entities in organizations where the percentage of localization is in the low third.

The platinum domain is an electronic program available in the Kingdom of Saudi Arabia within the Nitaqat program, and it is related to establishments that employ a large number of Saudi employees, and it is the best four domains issued by the Kingdom of Saudi Arabia, followed by the green domain consisting of 3 sections, then yellow and red, as one of the methods Resolving unemployment, reducing expatriate workers, and providing job opportunities and suitable work environments.

The platinum domain has many advantages that made it the best. It allows the issuance of visas for professions and workers, the modification of the profession for expatriate workers, the issuance of settlement certificates through electronic portals, and many more.


 

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