Madkhol Financial, a CMA-licensed platform specializing in robo-advisory investment solutions, announced the launch of its new program “Ratibi+” during its participation at Money 20/20, one of the world’s leading fintech events. The program is designed to combine savings with investment to strengthen employee loyalty and create a more stable work environment.
An Innovative Financial Program
The launch of “Ratibi+” comes at a time when companies are facing increasing challenges in attracting and retaining talent. The program is built on the principle of investment partnership between the employee and the employer. A portion of the employee’s salary is automatically deducted and invested in a managed portfolio, while the company adds a matching contribution tied to a vesting period defined by its policies. This mechanism provides employees with the opportunity to build an additional retirement income, while giving companies a practical tool to enhance loyalty and reduce turnover.
On this occasion, Saad Al-Atiyan, Co-Founder and CEO of Madkhol, stated:
“Ratibi+ is not just a savings plan, it is a true partnership between the company and its employees. We are redefining the employer-employee relationship by linking salaries to smart investment, creating value for both sides. We are confident this program will help foster a more stable work environment and promote a culture of saving and investing in line with Saudi Vision 2030.”
Importance for the Saudi Market
Studies indicate that employee turnover rates in some sectors exceed 30% annually, placing a significant burden on companies in terms of recruitment and training costs. At the same time, the national savings rate in Saudi Arabia stands at only 6% of household income, compared to a global average of 20%.
Against this backdrop, “Ratibi+” offers a practical solution by encouraging long-term investment habits among employees, while enabling companies to retain top talent and reduce attrition directly supporting the goals of Saudi Vision 2030.
