Minimum wage raised 3.6%

The increase is still significantly lower than the $1,000 (NIS 4,660) minimum monthly wage demanded by Labor Party head Amir Peretz in his election campaign.

By ZEV STUB
April 3, 2006 07:34

 
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The minimum wage level was raised 3.6 percent to NIS 3,456.58 per month from NIS 3,335, effective Sunday. The increase, first announced in January, was the first since the minimum wage was frozen five years ago. The increase is still significantly lower than the $1,000 (NIS 4,660) minimum monthly wage demanded by Labor Party head Amir Peretz in his election campaign. Child allowances for first and second children were also raised 20% to NIS 148 monthly, and supplements to new olim, IDF veterans disabled in service, families of IDF fallen soldiers, Holocaust survivors and World War II army veterans also were adjusted at the beginning of April.

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