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The threat of Yair Katz worked: Smotrich and Peretz intervene in the crisis in the aerospace industry - voila! Of money

2024-04-05T10:13:41.679Z

Highlights: Minister of Finance Bezalel Smotrich and IAI chairman Amir Peretz will lead a work team that will begin as early as this Sunday to formulate principles for a new salary structure in the company. The team will be allotted 3 months to reach a new collective agreement that the company badly needs, in light of the fact that the current agreement is already 50 years old and does not meet the needs of manpower and competition today. In an interview with Walla, Katz was furious at the Treasury's demand that the TA employees reduce their salaries and return funds as a condition for increases.


After the Chairman of the Aerospace Industry Workers' Council Yair Katz threatened in an interview with Walla to stop the Arrow-3 deal to Germany, the Minister of Finance and the Chairman of the IAA agreed on the establishment of the team


A video about the development of the Arrow-3 system/Ministry of Defense

Amir Peretz, chairman of IAI/spokesperson for IAI

Bezalel Smotrich, Sha Hautsar/Walla! System, Flash 90 Avshalom Sassooni

A day after the Chairman of the Aerospace Industry Workers' Committee Yair Katz threatened to stop the sale of the Arrow 3 system to Germany for $3.5 billion following the Treasury's refusal to allow promotions for employees until the salary anomalies in the company are settled, the senior officials are intervening to prevent further deterioration of labor relations in it.



Minister of Finance Bezalel Smotrich and IAI chairman Amir Peretz will lead a work team that will begin as early as this Sunday to formulate principles for a new salary structure in the company. This follows the talks between the two on the subject in recent months, and this week's announcement by the workers' committee about a labor dispute.



Smotrich addressed a letter to Peretz yesterday, in which he wrote that "I believe that an effective outline can be created to solve the salary issues in the aerospace industry, in a way that will allow for the continuation of the promotions of the company's employees and the creation of a new salary structure, which will move the company forward and provide it with the necessary tools for continued excellence and expansion in a competitive environment in Israel and around the world." .

A Heron UAV manufactured by the Aerospace Industry/IDF Spokesperson, Air Force

Yair Katz/courtesy of those photographed

Peretz suggested that "for the benefit of the positive atmosphere and as a confidence-building step, I suggest that you approve 50% of the promotion budget (as it was in previous years), and we will leave the rest to be concluded between the parties."



The team will be allotted 3 months to reach a new collective agreement that the company badly needs, in light of the fact that the current agreement is already 50 years old and does not meet the needs of manpower and competition today. Smotrich promised that as long as the principles are completed, they will be able to be implemented as early as 2024.



In an interview with Walla, Katz was furious at the Treasury's demand that the TA employees reduce their salaries and return funds as a condition for increases and an up-to-date wage agreement. "I don't want foreign customers to think twice about doing deals with the industry the aerial But if the salary of engineers in the company is cut by NIS 3,000, there will be no people left here to supply the arrow to Germany, and possibly to the IDF as well," he said.

  • More on the same topic:

  • Israel Aerospace Industries

  • Bezalel Smotrich

  • Amir Peretz

  • The arrow missile

Source: walla

All business articles on 2024-04-05

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