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Compensation

Compensation

Saudi Arabian Oil CoSaudi Arabia
30+ days ago
Job description

Compensation

We offer a highly-competitive compensation package for our Saudi employees.

This is a company-wide variable pay plan for employees, with individual incentive payouts varying based on a combination of corporate and individual performance.

The Ramadan bonus payment is equivalent to one month’s base salary and is paid annually during the holy month of Ramadan.

Settling in allowance

A one-time settling in allowance is offered to assist newly hired employees with the unexpected expenses of relocating for work. Single employees receive 60% of one month base salary, married employees get one month base salary.

Other types of compensation

In addition to the compensation components described above, an employee's annual compensation may also include :

  • Specified location allowance : We operate in various locations throughout Saudi Arabia. If you’re assigned to work at a remote location, you’ll receive an allowance that will be paid on a monthly basis.
  • Overtime / shift premium : If you’re assigned to a location or function that requires scheduled overtime or non-standard work hours, additional compensation will be paid on a monthly basis.

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Compensation • Saudi Arabia

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