It’s no secret that knowledge is power. It is also very obvious that when people know what their rights are, they aren’t taken advantage of as much. We emphasis all the time that people should know their rights, but what about our youth ? I am talking about high school kids from grade 10 and …
Tag Archives: employee
Tax update for 2011
The following new changes/ updates will go into effect Jan 1st. 2011: 1. The 101 tax form that all employees and pensioners are required to fill out each year has been updated. The new form now includes details in section D on income from scholarships (which are exempt from income tax but must be declared). 2. Section …
Who is exempt from Social security payments ?
There are three types of income that determine the basis for Social Security and Health Tax payments: 1. salaried employee 2. self-employed 3. other income (not work related) The following are exempt from payment: 1. Housewives – provided they are married to an ensured person and that they do not work outside of their household. 2. An insured person who …
Continue reading “Who is exempt from Social security payments ?”
labor court, scare tactics and lawyers fees
In many case where an employee or former employee sues his employer in labor court, the employer’s lawyers will try to reach a settlement by offering less than is actually owed, by using scare tactics. They will tell the employee that if the case reaches court they will ask for reimbersement of legal fees, “which …
Continue reading “labor court, scare tactics and lawyers fees”
The common denominator of Israeli employees
Over the years I have seen just about everything in Israeli payroll. I have worked for many different clients and come across every type of employer you could think of. There were those who were willing to pay a lot for things to get done as long as they didn’t have to deal with any …
Continue reading “The common denominator of Israeli employees”
What can happen when an employer fires a pregnant woman
This is a true story. The names have been changed for obvious reasons. In 2004, Sharon was hired as a temp replacement. She was well liked and did her job to the employer’s satisfaction. 2 days before completion of 6 month’s tenure, it became known to the employer that Sharon was pregnant. She was fired …
Continue reading “What can happen when an employer fires a pregnant woman”
What days cannot be included in employee’s vacation ?
All employees are entitled to vacation days according to law. This is mandatory for all employers in Israel. The Annual Vacation law specifically states in paragraph 5 the days that shall not be counted as an employee’s annual vacation days:1) Holidays (days that are not work days because of the holiday, but would have been …
Continue reading “What days cannot be included in employee’s vacation ?”
Are you a salaried employee with mutiple employers ? Save on your Social security payments !
If you are employed currently by two employers you may be paying too much social security (Bituach Leumi) and health tax (Bituach Briut) from your secondary place of employment. First, it’s important to understand that for each place of employment you will need to pay Bituach leumi and Bituach Briut. There are two rates for each. The first …
Severance pay when % of position changes
Usually, when an employee is owed severance pay, the last full payslip is the basis for the configuration of severance pay, or is it ? For an employee whose pay is monthly based – yes, proportionate to the % of position actually worked, of course. But, let’s say that an employee worked at a full-time position for …
Mandatory Pension law
The mandatory pension law was recently updated (Sept 7, 2010).Originally planned for gradual annual updates from 2008 – 2013, when the mandatory % will reach 15% (5% employee, 5% employer and 5% severance pay -employer) The new revision now ads another year (2014).Starting Jan 1, 2014 the mandatory pension will be 17.50% as follows:employee – …