A surprise for employees: an addition of hundreds of shekels in the upcoming payslip

Employees in the private sector are expected to discover a positive surprise in the payslip that will enter bank accounts in a few days. An extension order signed about two weeks ago effectively updates the value of the payment for a recuperation day in the private sector.

The meaning of the order is that the value of a recuperation day has risen from 418 shekels to 481 shekels. This update is relevant only to employees who do not work in the civil service, as public sector employees already received the recuperation pay at the updated rate in last June's salary.

Method of payment of the difference

In response to an inquiry by "Ha-Yom", the Histadrut clarified the new payment mechanism this morning. According to the guidelines, an employee who already received their recuperation pay last month according to the old rate of 418 shekels will receive the difference retroactively from the employer in the upcoming salary. Conversely, an employee who has not yet received the recuperation pay this year will receive it now in advance according to the updated value.

The meaning in the payslip

The current update ensures that every employee in the private sector will receive an addition to their payslip. On average, this is an addition of slightly more than 300 shekels gross per employee. From this amount, mandatory payments including income tax, health insurance, and national insurance contributions will of course be deducted. The scope of the final payment varies from employee to employee and is determined according to the seniority accumulated at the workplace, but in principle, the update trend is expected to be reflected in the payslip of every eligible employee.