Knesset Approves Increase in Minimum Wage

Monthly salaries will rise to minimum of $1,270 a month by 2017; Histadrut: This is huge news for the 25% of salaried employees who will be affected.

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The Knesset gave final approval Wednesday to legislation that will gradually increase the minimum wage to 5,000 shekels ($1,270) a month over two years.