The dispute between the employees and the management of "Psagot" came to an end

The dispute between the employees and the management of Psagot Investment House came to an end and the parties signed a collective agreement. This agreement is the first of the companies in the Psagot Investment House group and will be in effect until the end of 2022. The agreement's principles were decided at the beginning of this month, when it was announced that salaries would be updated four times.
In addition, the parties agreed that "after the signing of the collective agreement, a signing bonus will be distributed to employees, an additional payment will be given in respect of convalescence pay, an overtime payment of 150% for work on Fridays for eligible employees, participation in the financing of clothing for field workers, , As well as subsidies for summer camps for the children of the employees, an advanced study fund from the end of the first year of work, two days of declaration a year, sick pay of 100% for entitled employees from the first day, 10 years and employees at a seniority of 20 years. "