Minimum Prevailing Wage Increased for Foreign Experts

Israel

The minimum monthly prevailing wage for foreign experts for 2016 has been increased to 18,668 NIS gross (up from 18,246 NIS in 2015).

Foreign nationals under Short Employment Authorization visas or STEP visas (short-term expedited process) are not affected by the increase.

What This Means for Employers and Foreign Nationals

Employers with foreign experts should ensure that they comply with the new minimum prevailing wage requirements established for 2016.

Fragomen worked closely with Kan-Tor & Acco Law Firm (Israel) to prepare this alert. It is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].

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