National Labor Federation Tops Out at About NIS 5 Million a Year for Five Senior Executives

Israel’s National Labor Federation, founded in 1934 as an alternative to the larger labor groups, represented a little more than 100,000 workers in 2023 and had revenues of NIS 89 million. Against that modest scale, newly disclosed pay figures for its top executives are striking: chairman Yoav Shimchi, who has led the organization since 2007, earned NIS 986,000 gross in 2023, about NIS 82,000 a month. For comparison, Histadrut chairman Arnon Bar-David earned NIS 756,000 that year, even though the Histadrut represents about 800,000 workers and has a budget nearly 10 times larger.