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Salary Administration Policy
Name of Policy
Salary Administration Policy
Policy Number
I. B-1
Owners
Human Resources
Original Policy Date
12/05/2013
Cosigners
_______________________
Last Revised Date
08/01/2017
Other Related Regulatory Rules Laws & Policies Next Scheduled review Date
_______________________
Associated Procedures & Forms (Attachments)
_______________________
Versioning
_______________________
Cycle of Reviews
_______________________

Purpose

To declare PMU guidelines with regards to Salary Administration and ensure uniform interpretation and application of this policy.


Statement

PMU will pay salaries that are competitive on the international and local markets. The salary paid to each Employee will vary based on the type of market from which the Employee has been recruited and the type of appointment being made. Each Employee will receive an Employment Contract that specifies their salary. PMU will ensure that the salary provisions and their administration will satisfy the requirements of the Laws of Saudi Arabia for all appointments.    The salary policy and processes will be reviewed from time to time to ensure that they are current and competitive.