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Economy10:33 · Jun 22

Summer perk: vacation allowance rises by hundreds of shekels, with private-sector workers eligible

Globes
Translated & summarized from Globes by baba
The story · English

Arnon Bar-David, head of the Histadrut, and Dovi Amitai, chairman of the Israeli business sector presidency, signed an agreement to raise vacation allowance, known in Hebrew as dmei havraah, in the private sector. The increase can amount to several hundred shekels per employee on an annual basis.

Under the deal, the private-sector daily rate will be updated to 451.5 shekels, but the change still depends on the signing of an extension order. In the public sector, the allowance has already been updated to 511.6 shekels per day.

The report does not give a start date for the private-sector increase, only that the deal has been signed and that the broader legal step is still pending. It also says the benefit will be more meaningful for eligible workers over the course of the year, rather than as a one-time payment.

Read the original at Globes
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