GOOD NEWS! There's an increase in Minimum Wage for Migrant Workers in Israel
iSavta | 25.03.2023
Great news for all foreign workers in Israel! Starting April 1st, 2023, you will have more money in your pocket every month as the minimum wage in Israel will increase to 5,572 NIS per month. This means that you can now earn more money and have a better standard of living. Additionally, the wage for each day off will also increase from 212 NIS to 223 NIS, and you can now earn up to 380 NIS for work on a day of rest (Shabbat).
Having a higher salary as a foreign worker in Israel comes with many benefits. You can now afford to pay for your basic needs such as food, rent, and transportation comfortably, as well as save some money for emergencies and other necessities. With this increase in salary, you can also start to invest in yourself and your future. You can enroll in language classes to improve your Hebrew or English, which can open up more job opportunities and better pay in the future. You can also take advantage of various training programs or workshops that can help you acquire new skills or upgrade your existing ones.
To ensure that you can go home to your family one day with enough savings to start a new life, you need to make a plan and stick to it. First, you need to set a budget and track your expenses. This will help you identify areas where you can cut back on spending and save more money. Consider setting up automatic savings, where a portion of your salary is automatically transferred to a savings account each month. You can also explore investment options such as mutual funds, stocks, or real estate, which can help grow your money over time.
In summary, the increase in the minimum wage in Israel is great news for all foreign workers, and it presents an opportunity to improve your standard of living, invest in yourself, and save for your future. With a good plan and discipline, you can go home to your family one day with enough savings to start a new life.
Here's a post from Kav LaOved - Migrant Caregivers
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