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HomeLatest newsAdjustments To The Minimum Prevailing Wage - Employee Benefits & Compensation

Adjustments To The Minimum Prevailing Wage – Employee Benefits & Compensation

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Key Points

  • Israel increased the monthly minimum prevailing wage
    requirement to NIS 23,460 on 1 January 2023


The government of Israel increased the country’s monthly minimum
prevailing wage
requirements by 12% for foreign
national experts. As a result, the monthly minimum prevailing wage
will increase to NIS 23,460.

What are the Changes?

The Israeli government increased the country’s prevailing
minimum wage on 1 January 2023 by 12%. All current, pending and new
work permit applications for foreign national experts will need to
meet the prevailing minimum wage requirement.

Looking Ahead

Continue to check the government of Israel’s website and Envoy’s website for the latest updates and

Originally published 9 January, 2023

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

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