Bank of Israel staff get bump in wages


Employees at the Bank of Israel are expected to receive a bump in their salaries, after a deal was reached recently that will introduce changes covering all Israeli government workers agreed to by the government several years ago.

The deal, which was held up by disagreement between the management and the bank's workers committee over a provision that will see staff pensions linked to CPI instead of current wages, was outlined in the central bank's annual budget published on January 7.

It will se

To continue reading...