Legal Obligations That Israeli Employers Are Expected To Fulfil While Issuing Payslips
It is a well known fact that the employment laws in Israel are extremely stringent and generally favour the employees. In fact the government is known to closely monitor the behaviour of both the local and foreign employers towards their employees to prevent any exploitation of the latter. It is the awareness of this fact that leads may businesses operating in the country to hire the services of employer of records Israel for managing the payroll, taxation, insurance and other financial aspects for their employees. In fact, the law offers specific guidelines about the things that the employers need to include in the itemized salary slip for each of their employees. Understanding The Law As mentioned before the Pay Protection Law of Israel clearly defines the things that need to be included in the salary slip. The provision for these items was made through an amendment to the law and non-compliance with the same can result in individual fines for the employer. This esse...