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According to a study published by the Bank of Israel, 14% of the bachelor's degree holders are more educated than necessary. The Bank of Israel refers to surplus education when a person's formal education is higher than he is required to do his job. The way to check this is by comparing his number of school years to the average school year in that occupation. The study, conducted by Noam Sussman, Idan Lippiner and Dror Rosenfeld of the Bank of Israel's research division, also found that about 40% of undergraduate students work in a non-conforming job with the study profession they...

Municipal employees in Kfar Saba who are interested in continuing to work even after the statutory retirement age will be able to do so until the age of 70 with automatic approval. Subject to the recommendation of the direct manager and the decision of the Human Resources Committee. According to a new initiative by incoming mayor Rafi Sa'ar

The volume of capital raised in Israel in 2018 was $ 6.5 billion, an increase of 17% compared to 2017, according to the annual report issued by IVC Research, in cooperation with the law firm Zisman Aharoni Gayer & Co. The rate of growth in 2018 was higher than that Which was recorded in 2017 and 2016. Not all of the money necessarily flows into the bank accounts of the funds, but rather is used to purchase shares of existing shareholders and of veteran employees. For example, the report mentions that Citrix raised $ 60 million, but $ 45 million was used to buy existing shares

Just less than a month ago, Avi Gabay signed a collective bargaining agreement with the workers' committee, which his predecessor, Nir Stern, failed to advance in a few months. Gabay realized he had no choice - if he didn't rush to sign a deal, his competitors could be ahead of him and sign a merger deal and weaken Cellcom. The company offered Golan NIS 720 million (including a NIS 130 million debt waiver) and, according to market officials, is expected to return the investment in three years. Cellcom is actually streamlining. Today it spends tens of millions on customer recruitment and...

The Supreme Court ruled that claims filed by Israelis against Facebook will be clarified in Israeli courts, even though the agreement to join the site states that they will be found in a court in California, the United States. The court accepted the attorney general's position that the "Californian" clause in the accession agreement that determines the place of jurisdiction is a depriving condition in a uniform contract and therefore should be annulled. However, the court ruled that the claims would be clarified according to American law, because it has not been proved that the very fact of...

The Prime Minister's Conference on Innovation, initiated by the Ministry of Culture and Sport and the Peres Center for Peace and Innovation, hosted dozens of delegations from the United States, China, Italy, France, Australia, Britain, Korea, Mexico, Switzerland, Uganda, Singapore, Italy, Russia, Hong Kong The Israel Innovation Center, and special round-table discussions were held between the international teams in order to create solutions to the large problems faced by many countries in the world and how Israeli technology, research and knowledge can contribute to the development of...

Corona morbidity is declining - and more relief is underway: The government approved tonight (Friday), shortly before Shabbat, new aviation regulations that will allow vaccinated or recovering patients exposed to Corona patients to board flights, and the obligation to measure temperature at terminal entry and boarding will be abolished. Ministers have confirmed that the new regulations will be in force until April 8. In light of the approval to bring only 3,000 Israelis into Israel daily, in an approved outline it was decided to impose on the Director General of the Ministry of...