12:58
Reported

News Briefs

  Nissan 25, 5768 , 30/04/08

Executives' Pay Soars, Employees Wages Crawl

The salaries of Israeli executives rose 45 percent between 2003 and 2007 while wages of employees rose 0.8 percent, according to a report by the Adva Center. The salaries relate to companies listed on the Tel Aviv Stock Exchange.

The employees' wages represent 62 percent of the national income, eight percent less than in 2000, reflecting a growing disparity.

Other archived news briefs:Apr 30 2008, 12:58 PM, 4/30/2008