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IMPACT — MEDIUM
The Israeli government recently increased the monthly minimum prevailing wage for foreign national experts.
Key Points:
BAL Analysis: Businesses may see a slight increase in labor costs because of the new minimum wage. Employers should take the new wage minimums into account for their 2023 budgets.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
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