Employees who missed work due to the recent round of fighting in the south will receive their full pay, under an agreement hashed out between the Histadrut labor federation, the Finance Ministry and employers on Wednesday.

This applies to people who missed work because schools were closed, and includes subcontracted workers.

Earlier, Finance Minister Yuval Steinitz had stated that public servants would receive their full pay for the period when they missed work.

The agreement, between Histadrut chairman Ofer Eini, Finance Ministry wages director Ilan Levin, Coordinating Bureau of Economic Organizations director general Avi Barak and Tax Authority representatives, states that in cases where the home front command orders schools closed due to rocket fire, parents of children under age 14 may miss work but still receive their full pay. Among working couples this applies to both parents.

Employers will be reimbursed by the Tax Authority.

This only applies to working parents; workers who have no children will be forced to use vacation days, unless their employers decide to pay them.

This policy will become part of a collective wage agreement, Eini said.

The agreement is based on previous ones hammered out between the Histadrut, private employers and the Finance Ministry following the Second Lebanon War in 2006 and Operation Cast Lead in 2009. Past deals related only to those specific incidents.

Wednesday's agreement is effective through the end of the year, after which it may be extended.