why is there such a big difference between my gross and net pay

yes, it’s true ! you work your butt off and when you get your pay slip you discover that someone else has "latched on" to your pay check !

and i don’t mean your spouse !

the Israeli government seems to think that all the citizens are it’s slaves and therefore they act like an employment agency, in a way.

anyone who’s ever worked for an employment agency, especially before the law was changed several years ago, knows what I mean.

you pay income tax and health insurance (which doesn’t give you any health insurance – you still need to pay kaput cholim) and national insurance (bituach leumi = social security).

it makes you wonder when this adds up to quite a substantial sum, sometimes reaching over 50% of the gross pay and benefits !

 

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

Is my boss pulling a “fast one” on me ?

know what your rights are by law and how to stand up for them firmly and proudly. many employees, especially olim are tkaen advantage of by employers becuase they aren’t aware what benefits and salary they are entitled to by Law, statute or regulation.

infrigement on these by an employer is a serious crime which is punishable by heavy fine and in serious and repititous cases by imprisonement. 

many employees do not feel it’s worth their while because they are afraid to loose their job or they do not know how to read the payslip properly.

a few basics:

every employee upon acceptance to work must receive from the employer a written letter (which should be on company paper) stating the date, the employee’s name, Israeli ID #, address and job title.

it should state the days and hours of work, the address where the employee will work (if different than the address on the employer’s stationary letterhead), the pay, including whether it’s an hourly rate, daily or monthly. it should state all of the benefits the employee is entitled to (including future benefits), incentives, periodic bonuses. who the employee reports to and what his job responsibilities are. if the job is a project or temp position this needs to be stated as well.

this is a Labor Law and not a recomendation. it has nothing to do with the type of job nor with the amount of employees who work for the employer. 

to get a professional, discreet evaluation of your rights – contact me:

 

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

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