Live Update 
From the Liveblog of
Monday, March 30, 2015
From the Liveblog of
Monday, March 30, 2015
Minimum wage to rise by NIS 300 this week
The Histadrut Labor Union and business groups agree to raise the minimum monthly wage in the private sector by NIS 300 (about $75) within two days, from NIS 4,300 to NIS 4,600. The minimum salary will again be raised by NIS 400 within 18 months, and a year later by another NIS 300, reaching NIS 5,300 by December 2017.
The decision was made by the outgoing Knesset. It is unlikely however, that the new finance minister, Moshe Kahlon, who entered the Knesset on a social agenda, will interfere with the three-stage process, Channel 2 reports.
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here