"Raising the minimum wage to NIS 5,300 is a direct continuation of our work in favor of narrowing gaps and strengthening the working population,"says Finance Minister.
The study found that MNCs had substantial effects on productivity in Israel, a measure where the country tends to lag against its peers.
The increase is part of a series of wage hikes the government agreed to on threat of a Histadrut strike last year and will continue rising incrementally to NIS 5,300.
Bill to be brought to its first vote in the Knesset plenum on Wednesday.
Here are some of the details you should know going into the public sector strike starting tomorrow at 6 a.m.
Plan builds on the existing minimum wage law--which will raise the wage from the current NIS 4,650 a month.
Legislation submitted by Joint List lawmaker Dov Hanin would not allow restaurants to count tips toward waiter salaries.
The statistics did not necessarily reflect women getting paid less for doing the same work.
Chaos erupted in the Knesset session as players from across the political spectrum lashed out at one another.
In a turnaround decision, minimum wage will rise to NIS 5,000 over the span of two years.