Effective January 1, 2017, the new minimum monthly prevailing wage for foreign national experts holding B-1 work permits is now 19,086 NIS (up from 18,668 NIS in 2016).
The change does not affect experts holding a working visa under SEA (Short Employment Authorization for 45 days) or STEP (Short Term Expedited Process for up to 90 days) categories.
Employers must review the salaries of their foreign national employees in Israel to ensure compliance with the new minimum monthly prevailing wage.
Please note that this is general information only and not intended as advice on a specific matter. Please feel free to contact Fakhoury Global Immigration directly with questions exclusive to your situation. This news alert may have been prepared using information from Peregrine Immigration Management, which is licensed to Fakhoury Global Immigration.