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Israel to Slash Foreign Worker Fees for Small Businesses
An Israeli government committee has approved a recommendation to drastically reduce annual fees for small and medium-sized businesses employing foreign workers.
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What happened
- 01Israel committee recommends slashing foreign worker fees for small businesses.
- 02Annual fees could drop over 80% for the first ten foreign workers.
- 03Proposal aims to ease labor shortages and reduce business costs.
- 04Reduced fees would apply for up to ten full-time foreign workers.
- 05Final approval requires completing regulatory and legislative steps.
The move aims to alleviate labor shortages and reduce costs for businesses, with the new fees expected to be over 80% lower for the first ten foreign employees.
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