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Malls opened bu Retail trade chains still hold one-third of employees on leave without pay
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Despite the opening of malls and shopping malls, the retail chain industry holds the highest rate of paid leave without leave (ILS): 33% of retail chain employees are still on vacation, compared to an average of 18% in May. The highest among the economic sectors, with the lowest rate recorded in the finance and insurance sectors, where 5.2% of employees are still in the foreign currency. This data comes from a fourth Bezeq survey in May, published by the Central Bureau of Statistics, to examine the state of the business when the Corona virus spread. He has three surveys conducted by the...

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May 13, 2020

The Mossad Ends the Talks with Qatar as Ceasefire Deal with Hamas Hits Roadblock
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Mossad Chief Dedi Barnea has ordered his team in Doha to return to Israel after talks with Qatari mediators hit an impasse. The negotiations aimed to renew the ceasefire in the Gaza Strip and secure the release of hostages. The breakdown reportedly occurred due to Hamas refusing to fulfill its commitment to release all held civilians who are still alive

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Dec 2, 2023

25% of fathers say they do not exercise their parenting rights because of the corporate culture
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25% of fathers say they do not exercise their parenting rights because of the corporate culture that does not allow them, according to a survey conducted by the Division for Gender Equality at the Civil Service Commission, on the occasion of Family Day held on Wednesday. Many fathers have stated that they fear the response in the ministry if they start taking advantage of the parenting rights they are entitled to. "I feel that fully utilizing parenting rights will prevent me from performing my job well and therefore choose to take advantage of only some of the rights," says a father who...

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Feb 26, 2020

 Investment bank Jefferies Names Teva a Top Pick for 2026 and Raises Target Price to $40
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Investment bank Jefferies has named Teva Pharmaceutical Industries as one of its preferred stock picks for 2026, raising its price target to $40 per share from $29 and reaffirming a “buy” rating

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Jan 6, 2026

IAI prepares for the issue of 25% of it's shares: employees will received Restricted shares
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The aerospace industry's management continues to prepare for the issue, despite demands from the workers' committee that is delaying it. The management, headed by CEO Nimrod Shaffer, presented to the company's board of directors a long-term equity compensation plan for the aerospace industry, which will be implemented when the issuance of 25% of the company's shares is implemented. The remuneration program includes distributing shares to RSUs (shortening Restricted Share Units) that will mature over several years. The plan is in the approval stages of the Government Companies Authority and...

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Jan 29, 2020

Israeli Average Salary Rises by 5.1% in 2024 Outpacing Inflation reaching NIS 13,514
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According to data released today by the Central Bureau of Statistics, the average salary for an employee position in Israel increased by 5.1% in 2024, reaching NIS 13,514 compared to NIS 12,863 in 2023. This growth significantly outpaced the consumer price index (CPI), which rose by 3.2% during the same period. However, this wage increase also has a downside for National Insurance benefits, which are linked to the CPI and are expected to be eroded by approximately 2%

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Mar 4, 2025

Fashion companies have started taking thousands of workers on vacation without pay
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Today, all malls will close and, following their closure, the fashion companies have started taking workers on vacation without pay The Castro chain announced a complete shutdown of its operations except for online sales. Six thousand network workers were taken on leave pending a new announcement Hamashbir Consumer Network will also suspend its operations in the branches until after Passover. Hamashbir's employees will also go on vacation without pay. Our correspondent Amit Tomer says that the industry estimates that today more companies will announce a similar move

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Mar 14, 2020

A month since easing of the closure began No recovery in the labor market-  1.15 million job seekers
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A month has passed since the easing of the closure began, but the numbers in the labor market have not yet shown recovery. At the height of the crisis, more than a million and 150,000 jobseekers were registered at the Employment Service at the end of April. The updated Employment Service figures show that since the release of the economy after the Passover began, on April 19, 2020, 94,000 new jobseekers have registered, while the number of reported to the Employment Service for returning to work or eliminating ISA stands at 86,000. Job seekers continue to grow.The Employment Service...

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May 19, 2020

The second closure interrupted the recovery process of the Israeli economy in Q3
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The second closure interrupted the recovery process of the Israeli economy in the third quarter of the year. This emerges from the Bank of Israel's membership survey published on Monday. Although activity in the economy continued to shrink from July to September, the recovery from the peak of the corona crisis was felt in the economy. The survey shows that the balance sheet of the business sector improved in the third quarter but remained at a very negative level. Although the balance of output in manufacturing recovered in the third quarter, it remained negative. The negative balance...

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Oct 27, 2020

Chairman of the Knesset's Interior Committee Said Al-Kharomi died from a heart attack
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The chairman of the Knesset's Interior Committee, Said Al-Kharomi (RAAM), died last night (Tuesday to Wednesday) at the age of 49 after suffering a heart attack. "The Islamic Movement and Ra'am announce with great sorrow the death of the righteous Banan, MK Said al-Kharomi, after a heart attack during the night," the party said in a statement. The party's chairman, Mansour Abbas, paid tribute to him outside the hospital. "An energetic and very smart young politician," he said. "He always believed in his way as the son of the Arabs of the Negev. The loss is great. "

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Aug 24, 2021

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