Source: Oman Daily Observer
Statistics issued by the Public Authority for Social Insurance (PASI) show that the average of insured private sector workers rose to RO 297 by the end of June this year as compared to RO 269 by May 2011. The number of newly insured national manpower since the start of this year stood at 17,430.
The statistics also show that more private sector establishments have been raising the pay rates of their employees in response to the Royal orders stating that the monthly wages should be raised to a minimum of RO 200. Despite the fact that the average of pay in the private sector has been raised, 45.2 per cent of the workers continue to receive between RO 160 and RO 180, while 13.3 per cent of private sector workers receive between RO 180 and RO 200, 20 per cent receive between RO 200 and RO 300 per month and only 8.2 per cent received between RO 300 and RO 400 per month.
The segment of those receiving RO 400 to RO 3,000 comprises 13.7 per cent. The statistics also show that the employment drive in the private sector is on a high note as 2,235 citizens, 70 per cent of whom were aged 21-35, were insured in June this year. More than 15 per cent of the citizens employed in June this year are aged more than 41 years.