Treasury: Contract workers' deal to cost NIS 800 million

By JPOST.COM STAFF
February 12, 2012 09:47

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Finance Ministry Budgets Director Gal Hershkovitz said Sunday that the deal signed with the Histadrut Labor Federation to end the general strike over the status of contract workers would cost approximately NIS 800 million to enact.

The Finance Ministry stated that the agreement "meaningfully improves the wages and conditions of tens-of-thousands of contract workers."

According to the statement, the tens-of-thousands of contract workers impacted by the deal will have their monthly salary raised from NIS 4,100 to NIS 4,500, as well as enjoying an improvement in benefits, including pensions, convalescence pay, holiday bonuses and subsidized lunches.

"The agreement reflects the needed balance between an improvement in the rights of cleaning and security workers and the government's responsibility to protect Israel's economy," the Finance Ministry stated.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 18, 2018
Report: Police to announce findings in case 4000 regardless of elections

By JERUSALEM POST STAFF