Saned (Unemployment Insurance): Who Qualifies and What You Get
Learn how Saned provides monthly financial support to Saudi private sector employees who lose their jobs through no fault of their own.
Saned is a social insurance program that provides monthly financial assistance to Saudi nationals working in the private sector who lose their jobs for reasons outside of their control.
Who it's for
This scheme is designed for Saudi employees working in the private sector. To qualify, you must have lost your job for reasons that were not your fault.
What you get
If you qualify, you receive a monthly payment based on your average monthly salary. The amount you receive is calculated as a percentage of your previous earnings, providing a set amount for the first few months and then a different percentage for the remainder of the benefit period.
What it costs you
This is a mandatory program for eligible employees. A small percentage is deducted from your monthly salary to fund the scheme.
The catch to know
Timing is critical. If you lose your job, you must register for the benefit within 90 days of your departure from your previous position.
How to apply
- Ensure you meet the eligibility requirements regarding your employment history.
- Gather your employment details and documentation regarding your job loss.
- Log in to the official portal to submit your claim.
- Follow the instructions on the site to complete your registration.