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      Minimum Wage Going Up to $1,069

      Monthly minimum salary to rise by NIS 200 to NIS 4,300.
      By Gil Ronen
      First Publish: 9/3/2012, 3:19 PM

       Israeli Shekels
      Israeli Shekels
      Israel news photo

      The monthly minimum wage in Israel will rise from NIS 4,100 to NIS 4,300 ($1,069) starting October 1.

      The minimum hourly wage will be NIS 23.12 ($5.75).

      The minimum monthly wage for youths under 16 will be NIS 3,010, or 70% of the adult minimum wage.

      For youths aged 16, minimum wage will be NIS 3,225, and for those aged 17, NIS 3,569.

      Attorney Shlomo Yitzchaki, who heads the Labor Relations Desk in the Ministry of Industry, Trade and Labor, explained that the minimum wage is updated every April 1, to be 47.5% of the average wage. The current raise is a special one, and was part of an amendment to the Minimum Wage Law that included two previous hikes totaling NIS 700.