January 19, 2016
The National insurance institute in Israel has published today an updated average salary for 2016 of 9,334NIS.
This means that the new gross base monthly salary for experts effective from 1/1/2016 is 18,668 NIS (instead of 18,246 NIS in 2015).
Immediate Action required: all employers must adjust the salary of their foreign employees accordingly.
The above does not affect experts that hold a working visa under SEA (Short Employment Authorization for 45 days) or STEP (Short Term expedited process for up to 90 days) categories.
This alert is for informational purposes only. If you have any questions, please do not hesitate to contact your client manager at Kan-Tor & Acco or send an email to
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