Knesset defers executive salary bill

By JERUSALEM POST STAFF
July 12, 2010 03:29




The Knesset’s Ministerial Committee for Legislation decided on Sunday afternoon to defer, for three months, consideration of a proposed bill to limit senior executive salaries in the private sector. Labor MK Shelly Yacimovich and Likud MK Haim Katz had proposed the bill, which seeks to limit a senior manager’s salary to no more than 50 times that of the lowest-paid individual in the company.

The committee was also set to debate a law in which current and former Knesset members who are wanted for investigation or who have been indicted for a felony and have not shown up for investigation or trial, will not be be paid their wages, pension or any other money until they do show up.


Related Content

Breaking news
January 18, 2018
Trump says terminating NAFTA would yield the 'best deal'

By REUTERS

Israel Weather
  • 8 - 18
    Beer Sheva
    12 - 18
    Tel Aviv - Yafo
  • 8 - 14
    Jerusalem
    11 - 16
    Haifa
  • 11 - 22
    Elat
    11 - 19
    Tiberias