a new collective bargaining agreement was signed in Hapoalim bank: employees will get an increase of NIS 550-700

Bank Hapoalim CEO Dov Kotler, Chairman of the Histadrut Arnon Bar-David and Chairman of Bank Hapoalim employees Roni Garfunkel - have signed a new collective bargaining agreement at the Histadrut in Tel Aviv. 7,500 employees and employees at headquarters and bank branches throughout the country.
The signing of the agreement was attended by: Chairman of the Histadrut Arnon Bar-David, CEO of Bank Hapoalim Dov Kotler, Deputy CEO of Bank Hapoalim and Director of Human Resources Amit Oberkowitz, Chairman of the Ma'of Histadrut, Adv. Gil Bar-Tal , Head of Banking and Credit Company Division Adv. Menachem Malik and Chairman of Bank Hapoalim Employees Roni Garfunkel.
Among the clauses of the agreement: a signature grant of one and a half salaries for each employee, plus a monthly salary increase of NIS 550-700; Increase the welfare budget in the mutual aid fund to NIS 1.5 million; Increasing the culture budget to NIS 1,500 per employee, almost double the amount now; Increase the gift budget for personal events from NIS 250 to NIS 350 per employee; And creating a uniform bonus table for all bank employees.
The chairman of the Histadrut, Arnon Bar-David, said in signing the agreement: "In 2020, which began today, the Histadrut is entering the centenary of its founding, while Bank Hapoalim will mark this important date next year. The Histadrut and Bank Hapoalim began their journey almost together and each signing of an agreement between us is an important and significant event that reflects the good cooperation and relations between the parties. I thank everyone who resolutely and respectfully led the negotiations to sign a balanced and proper agreement that would improve and improve the employment conditions of thousands of workers and workers throughout the country, with emphasis on workers at lower wages. The banking industry has undergone changes in recent years, but ultimately its success, stability and development are achieved through the work and investment of its employees. The Histadrut will continue to accompany the Bank's employees and be the home of all employees in Israel. "
Bank Hapoalim CEO Dov Kotler said: "The agreement signed today is an important milestone in the fabric of the relationship between the bank's management and its employees. We consider bank employees to be the most important asset, and the current wage agreement guarantees employees a fair wage and especially for those with low wages. The agreement is intended to ensure the Bank's employees a kick-off mechanism for the next five years. "The Bank's CEO added:" The management of Bank Hapoalim, together with its loyal public, will continue to work together to propel the Bank to significant achievements and continue to be the leading bank in Israel in the coming years. "
Chairman of the Ma'ale Histadrut, Adv. Gil Bar-Tal, said: "This is a new, determined and skilled workers' committee that has made considerable achievements for the bank's employees, while acting responsibly and with discretion. The agreement expresses a proper balance between the bank's capabilities and the employees' contribution. I am pleased with the cooperation between the Histadrut and the workers' committee, which has produced good results for the welfare of the workers. I hope we continue this way with the bank's management and strengthen the good cooperative working relationship at Bank Hapoalim. "
The head of the Banking and Credit Company division, Adv. Menachem Malik, said: The agreement emphasizes improving wage conditions and the work of bank employees, strengthens their social security and enhances additional welfare conditions. I would like to thank the bank's CEO, the VP of Human Resources and his staff as well as the Chairman of the Workers' Committee and the members of the Committee for their responsible and respectful conduct throughout the negotiations, which resulted in an optimal agreement for the benefit of the employees and the Bank. I find it a pleasant duty to note the close cooperation between the Histadrut and the workers' committee throughout, which again emphasized that the Histadrut is indeed the home of the workers. "
Chairman of Bank Hapoalim's employees, Ronnie Garfunkel, said: "This is an infinitely good salary agreement from previous wage agreements signed at the bank, an agreement that brings our terms of employment back to the front line of the banking system. We on the Board have worked to achieve the best conditions for our employees in a respectful, fair and responsible manner. I would like to thank the members of the National Committee for their dedication to the strenuous work, the professional advisors: Gilad Dwik and Gal First from the office of Yossi Kuchik, Adv. Yuval Brooke and the staff of the Ronen Tzur office, to the representatives of the Histadrut who accompanied us throughout the process, Mutual and transparency, and most importantly - you, dear friends and colleagues, for the great support, push and backing we have received from you throughout. "