Saudi Aramco GI 286.030 POLICIES AND PROCEDURES FOR SAUDI ARAMCO APPOINTEES REMUNERATION AND EXPENSES

This General Instruction (GI) document, Saudi Aramco GI 286.030, establishes the comprehensive policies and procedures for handling remuneration and expenses for Saudi Aramco employees serving as Appointees. It details the guidelines for Additional Remuneration received by employees when representing Saudi Aramco, its subsidiaries, affiliates, or joint ventures in management or board roles.

The document covers the background of these arrangements, outlines Saudi Aramco's specific company policy regarding such remuneration and potential conflicts of interest, and clearly defines the processing procedures for reporting and remitting any compensation received. It also specifies the responsibilities of both the Appointee and their respective Admin Area Head to ensure compliance and proper reconciliation with company records.

Readers will gain a clear understanding of what constitutes Additional Remuneration, how it must be managed, and the necessary steps for remittance and reporting to avoid financial impropriety and adhere to ethical standards. This essential guidance ensures financial transparency and alignment with Saudi Aramco's corporate policies.

Ideal for accounting officers, compliance managers, legal counsel, and administrative staff working within Saudi Aramco or its associated entities.