The initiative aims to modernise payroll systems and empower workers through early wage access.
Saudi Arabia is introducing a new flexible salary service that promises to transform the payroll experience across the Kingdom. The initiative, which allows employees to access part of their earned wages before the official payday, is designed to improve financial wellbeing, reduce short-term borrowing, and enhance overall workplace satisfaction.
Announced by the Saudi Press Agency, the new service is the result of a strategic partnership between Mudad, one of the country’s leading fintech platforms, and Khazna Financial Technology. Together, the two companies are set to digitise and streamline payroll management, providing greater financial control to employees while easing administrative burdens on employers.
The core concept is simple but impactful: employees will be able to withdraw a portion of their salary at any time during the month, offering much-needed flexibility in the face of unexpected expenses or cash flow challenges. The service is designed to reduce reliance on payday loans and other high-interest borrowing options, providing workers with a more sustainable way to manage their personal finances.
Both Mudad and Khazna have stated that the initiative reflects a shared vision to bring digital innovation to human resources and payroll operations. It’s a move that aligns with Saudi Arabia’s broader Vision 2030 ambitions, supporting workforce transformation through technology and worker-first solutions.
Crucially, the flexible salary service isn’t just about convenience—it’s also about productivity. By empowering employees to manage their finances more effectively, the programme aims to foster a more motivated and engaged workforce. Employers, too, benefit from improved employee morale and retention, while HR departments can streamline their processes with automated, on-demand salary access.
The service will be overseen by the Ministry of Human Resources and Social Development and is expected to alleviate common payroll bottlenecks, ensuring timely and accurate wage distribution across all sectors.
While the full rollout details have yet to be confirmed, the introduction of this flexible salary service marks a significant step toward a more dynamic and digitally driven employment landscape in Saudi Arabia.
GO: Visit https://mudad.com.sa for more information.