Histadrut threatens action against Bank of Israel

March 1, 2007 17:21

The Histadrut is threatening to take organization-wide steps against the Bank of Israel if it does not sign a collective settlement agreement on employees' wages within a week, Israel Radio reported on Thursday. The Histadrut announced the employment dispute in the Bank of Israel four months ago, following a delay in reaching a deal on workers' salaries due to disagreements with the bank's management. On Wednesday, the head of the salary department in the Bank of Israel's treasury demanded that the bank's management sign employment agreements with the workers and that instead of summoning those workers suspected of receiving inflated salaries for a hearing, they merely decrease their wages.

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