Signed: a collective agreement with the employees of the Tel Aviv Stock Exchange

After a long labor dispute, a collective agreement was signed for the employees of the Tel Aviv Stock Exchange. The agreement was signed by the stock exchange's CEO Itai Ben Zeev, the chairman of the Histadrut in the Tel Aviv-Yafo region, Gershon Gelman, and the chairman of the stock exchange's workers' committee, Larry Shipman.
Among the main points of the agreement: Employees will be awarded a one-time annual grant for the years 2017-2019, in the amount of one salary per year. At the request of the committee, the grants for 2017 and 2018 will be paid, in a uniform and non-differential manner.
In addition, a procedure for manning computer operator shifts was arranged: it was agreed to staff two operators on the night shift, with the shift hours lasting until 04:30 in the morning, and one operator continuing on his shift until the morning shift at 07:30. The committee and the management will continue to discuss how to implement automation processes in the operators' room in order to streamline and ensure the execution of quality control in the stock exchange's computer systems.
It was further agreed that employees assigned to evening shifts would begin work at 9:00 a.m. at the earliest. The flexible clock arrangements applicable to any of the employees will continue to exist. An employee on duty on Sundays when trading ends early, may complete working hours up to standard hours. In addition, management will examine the possibility of applying operational leasing in accordance with existing arrangements in the economy.
Negotiating partners: On behalf of the Histadrut: Tel Aviv-Jaffa Regional Chairman Gershon Gelman, and Adv. Guy Rotenberg of the Regional Trade Union Division; From the Adi Kaplan Law Office; on behalf of the employees' representatives: Committee Chairman Larry Shipman, Committee Members Rivka Sadeh and Yossi Ben-Simon, and attorneys Bnei Cohen and Keren Kotes Amitai from the Bnei Cohen Law Office.
The chairman of the Histadrut, Arnon Bar-David, said: "The road to signing this agreement was full of bumps, but I am happy and thank all the partners in the negotiations for being able to reach a respectful and worthy agreement. We are at a time when we must all work for the recovery of the Israeli economy, while protecting the workers. "
The chairman of the Histadrut in the Tel Aviv-Jaffa area, Gershon Gelman, said: "Many factors have stirred up the long and unnecessary conflict that lasted more than two years, including various advisers. This agreement. "
Gelman added that: "There is an understanding between me and the CEO of the TASE, to start negotiations on a collective agreement for a decade ahead, with a safety net for the TASE employees - and for the management's willingness to act in this way, I welcome."
The chairman of the stock exchange workers' committee, Larry Shipman, said: "As everyone knows, around the conflict there were many disputes between the parties and they reached a solution. We believe that the only way to resolve disputes is through a sincere, open and respectful dialogue, and indeed in the end this is how things were resolved. "