Finance Minister announces: Minimum wage to rise to 6,000
Minimum wage to rise gradually from 5,300 NIS to 6,000 NIS, overtime hours to be calculated by month instead of by day.
Minimum wage to rise gradually from 5,300 NIS to 6,000 NIS, overtime hours to be calculated by month instead of by day.
Labor Committee approves raising minimum wage to 5,300 shekels ($1,513) per month.
Officials on Sunday agreed on a framework to raise the minimum wage in Israel to NIS 5,000 per month for full-time workers
PM Netanyahu, acting Finance Minister, stated Sunday that implementation to raise minimum wage to NIS 5,000 will begin in January.
While social activists celebrate the increase in Israel's minimum wage, businesses worry about how to pay for the wage increase.
Histadrut head and Manufacturers' Association president agree to gradual raise of 700 shekels completing in January 2017.
A new study shows that Israel's productivity has fallen behind countries like Greece and Italy who have severe economic difficulties.
MK argues that extending Summer Time will force religious Jews to choose between work or prayer.
The Histadrut Labor Federation has set a general strike on Wednesday after the National Labor Court lifted an injunction imposed last week.
Discount supermarket chain boss Rami Levi has decided to forego his quarterly bonus and give it to his lowest paid workers.
Treasury Minister and Histadrut Chief agree to raise minimum monthly salary by 450 shekels over 17 months.