Labor agreement established to increase the minimum wage to 6,000 NIS, allow teleworking

An imminent deal between the Finance Ministry and the Histadrut union will raise the minimum wage to NIS 6,000 per month, increase vacation days and possibly include at least one day of work from home, according to Histadrut.

The labor agreement, which is expected to be finalized next week, would be the first of its kind since 1984.

Under the agreement, the minimum wage will rise from NIS 5,300 per month today to NIS 6,000 by 2026, increasing by NIS 700 over the course of five years. The first increase of 100 NIS is expected next April.

The increase is good news for workers, but still less than the minimum wage of NIS 40 per hour that some had expected. That rate would result in a monthly salary of NIS 7,280.

Meanwhile, employees would be entitled to a minimum of 13 or 14 days of vacation per year, instead of the current minimum of 12. In return, the number of weekly working hours will not be reduced.

Additionally, all public sector workers will be able to work from home one day a week, as long as their work requirements allow. “This is a breakthrough,” said a Histadrut spokesman.

Histadrut Labor Federation President Arnon Bar-David (Credit: HISTADRUT Spokesperson)

Finally, there will be no wage increases or decreases in the public sector during 2022, with several exceptions.

A final agreement is expected to be published soon.

“Will there be those who are yelling before the finish line? The details of the package have not yet been finalized and there are no more agreements on the deal,” said Manufacturers Association President Dr. Ron Tomer.

“In order to close a real and good package for the economy, it is necessary to finalize details on flexible working hours, fighting fictitious sick days and more,” he added. “We will continue to work for the benefit of a package that will bring real improvement, as we have done for months, with concern only for the good of the Israeli economy.”

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *