Binyamin Netanyahu, Bezalel Smotrich and Yoav Galant announce the approval of the reserve plan/Iti Beit-On/L.A.M., Sound: Ben Peretz/L.A.M.
In the days before the outbreak of the Iron Swords War, it seemed that the Corona epidemic, which sent hundreds of thousands of workers out of work, was a thing of the past, a kind of distant piece of history. On the seventh of October, to the sound of the alarms that pierced the skies of the country, we were deceived and exposed to an unprecedented national disaster that affects all areas Life, including the world of employment.
Within a few hours, 300,000 citizens left their workplaces, put on their second uniforms and enlisted in the reserves without warning or prior preparation. The workplaces that were immediately affected by the situation, either in terms of the manpower situation, or because of the situation The security forces that prevailed, had to find an immediate solution to reduce the economic damage, and the term halat returned to our lives with a storm.
Mass recruitment that hurt the labor market.
Chief of Staff Hertzi Halevi in the north with reservists/IDF spokesman
Now, with a certain relaxation in the fighting situation, the first sparks of a return to normality are being felt and the businesses that sent their workers to the IDF are facing a significant challenge - the return of the workers. According to the National Insurance data, since the outbreak of the war approximately 214,000 Israelis applied for unemployment benefits, with the vast majority of them They were taken out to prison against their will.
Now, the businesses are forced to find creative solutions that will help them attract back the workers who have become accustomed to the unemployment benefits and are not in a hurry to return to the employment cycle.
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Financial well-being in mind
The assumption that prevailed in recent years among employers was that the best way to create attractiveness around the workplace is to distribute pampering vacations and flamboyant airy parties.
Now, when the economic reality is challenging and millions of Israelis find it difficult to close the month, the companies should focus on the economic well-being of their employees and so should the benefits they provide.
Beyond the satisfaction of the existential needs, many studies indicate that the more the employee is satisfied with the conditions of his earnings, the better his mental state will be at work and at home.
Team Fiero/Hagar Badr
The time for flexible salaries
Imagine that instead of waiting for the tenth of the month, you could receive your salary in several strokes.
The payment method that sounds to us like a distant vision has become popular in many countries in the world and has been proven to be particularly effective for recruiting employees and increasing their productivity.
In Israel, too, we can see an increase in demand for the innovative method that shakes up the payment patterns we have become accustomed to in the 75 years of the country's existence, and Payro stepped into this void.
The young fintech company provides a platform that makes it possible to receive a salary in a flexible way and these days it is expanding the pool of customers and signing many collaborations with the aim of changing the modern world of employment as we know it.
The company's development allows employees to withdraw their salary before the payment date and when they need it, along with providing a complete envelope for financial well-being that includes technological tools for financial education and tools for household budget management.
Ariel Yaacov is manager and founder of Piero/Adva Dror
In the shadow of the ongoing war, the labor market is undergoing an upheaval, and the need to change the salary payment method burns even more.
Payro's platform allows business owners to give their employees a benefit that will give them breathing room in a challenging period.
It seems that in the near future we will not believe that we once received one salary per month.
The writer is the CEO and co-founder of PAYRO
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