Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz Al-Saud founded Red Sea Global Company in 2018. Since then, it has been working on numerous projects to develop the west coast of Saudi Arabia.
The Saudi PIF (Public Investment Fund) owns the RSG. It is currently building multiple hospitality projects that will complete in 2030, including 50 hotels, 8,000 rooms, up to 1,000 residential properties, and an international airport.
The Red Sea is located west of the Kingdom of Saudi Arabia, and RSG will develop infrastructure and residential complexes to provide world-class accommodations for tourists who come to see the small sea islands, coral reefs, and biodiversity of the Red Sea.
These developments are not only fostering thriving economic growth in the western parts of the countries, but they also create thousands of job opportunities for both national and international candidates.
This is a review of the organization from the employees’ point of view. After reading this piece of writing, you should be able to decide whether or not to pursue a career with this organization.
Benefits of a career with Red sea global
- Government-owned company: Most people in the Gulf region enjoy working with government agencies, whether they are locals or ex-pats.
If you have the opportunity to work for this reputable firm, consider yourself fortunate among job seekers.
2. Salary in Time: Since it is a government-owned organization, you do not have to be concerned about your salary because it is deposited into your bank account at the end of each month. Every year it also provides a bonus to the employees depending on the company’s profit.
3. Higher Pay: In comparison to the other organizations in KSA Read Sea Global pays its employees well, and even junior staff earn more than SR 4,000 per month.
4. Career Development: The company has several divisions and a large workforce ranging from construction, maintenance, hospitality, and senior management.
Qualified personnel can advance their careers from entry-level to management positions. The organization values its employees and offers training and education to help them develop in their careers.
5. Job Security: most important benefit for RSG employees is job security. Employees are entrenched in the private sector when there is less business or the organization cannot generate revenue, but this is not the case in government organizations.
You may not have to worry about your career if you work for the Red Sea Global Company because it is the most profitable government agency.
6. Other benefits: According to the country’s labor law, employees also receive paid vacation, medical insurance, and end-service compensation.
Benefits and drawbacks fo working with Majid Al Futtaim.