Understanding Israeli Payslips – from my experience

Many Anglos I have met over the years have trouble understanding the Israeli Tax laws for non-self employed citizens.

In addition to dealing with understanding Hebrew, they need to deal with understanding what the deductions on their Payslip are and how they were calculated.

many employers do not have a Payroll Comptroller who is patient enough and who is also capable of explaining this and willing to take the time for it.

I have over 20 years experience in the field and have a very service-oriented attitude. I regard the employees as my clients, who are entitled to understand what has been done on thier Payslip.

I was contracted in 2005 to set up a Payroll  Dept. for a Hi-tec company that employed 650 employees. up until I arrived the Payroll was done by an outside CPA at his office on an outdated, unreliable program that didn’t even begin to comply with the company’s needs.

I successfully set up a new in-house payroll program and implemented full integration with their attendance and bookkeeping programs as well as transferring all existing data into the new program.

procedures and documents were created for all payroll and HR issues.

I initiated a full translation of the New Payslip along with a photo example on the company’s intranet site, as well as 1/2 hour seminars explaining the make-up of the Payslip, terminoligy and explantion of tax laws.

the company now has all the tools in place for employees to receivethe data they need.  

 

 

Moshe Egel-Tal, CSPP
Founder and CEO, Israpay   "making payroll simple"

 Sitehttp://www.israpay.com
 Email:  mo***********@***il.com

Skype: motal7

Snail Mail:  p.o. box 44429 Jerusalem, Israel 91443

 Follow me on social networks: Facebook, xing, twitter, Plaxo, FriendFeed, LinkedIn, Digg, Tagfoot, Myspace    Username: Israpay

Published by motal7

Israpay was founded in 2009 with the goal of helping Anglos better understand Israeli labor laws. Whether you are an employer or an employee it is imperitive that you understand what employee's rights are. If you are an employer this will help you avoid possible lawsuits in the future and/or legal sanctions by the Ministry of Industry, Trade and Employment's Administration of Enforcement and Regulation dept. If you are an employee, it is imperitive that you know what your rights are and how to read your payslip. Israpay has vast experience in setting up and implementing payroll departments and procedures for companies to suit their needs. private consultation is available to both employees and employers.

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