The Million-shekel Difference Between Israel's Public and Private Sectors

Certain sectors of Israel's economy don’t just lay off employees with the severance they deserve, they offer them millions. Even then, many are hesitant to take it. Wonder why?

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Let’s say your employer makes you an offer: You quit immediately, take all the pension and severance pay you deserve, plus a bonus of a million shekels ($252,000). Would you take it?