CEO of Raphael and VP of Aerospace Industries: Wage Highs in Government Companies
The government record manager's salary record report reveals which government companies have the highest average salaries. The report shows that the average wage in this sector is more than double the average wage in the economy and 65% of all strikes were in the public sector, compared with 35% in the private sector.
CEO of Raphael and VP of Aerospace Industries: Wage Highs in Government Companies
Photo: Yoav Itiel, Walla! NEWS, Editing: Yair DanielRaphael CEO, CFO of Israel Aerospace Industries, Postmaster General and former CEO of Israel Railways - these are just some of the payroll names for government companies released Wednesday in a report issued by Managing Director of the Israeli Companies Authority, Yaki Quint And wages for 2018.
According to the report, the average gross salary in government companies was NIS 23,105 in 2018, compared with the average gross salary in the economy, which was NIS 10,139. The report noted that the large gap between wages in government companies and the economy is evidence of the enormous power that workers' union has in government companies. For example, the average salary in government companies rose by over NIS 1,000 from 2016 to 2018.
In the ants sector, gross salaries and wage costs are the highest among all operating sectors of government companies, and even more so than the security companies that face competition in international markets and competition for educated workers. The average wage cost in the port sector was NIS 36,516 in 2018, compared to the average wage cost in the security industries, which stood at NIS 31,704. Another example can be seen in the infrastructure and energy sector, where the average wage cost was NIS 29,089 compared with the infrastructure sector, roads and trains where the amount was NIS 24,745.
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Israel Post Director General Danny Goldstein
Alongside these figures, the head of the Companies Authority publishes the list of record wages in the various companies. Among senior executives who stood out for high salaries to the company's top executives: Rafael whose CEO, Yoav Har Even, earned NIS 113,127 in 2018, with a significant gap from Elta Electronics Industries Nissim Hadas, with a salary of NIS 75,129, VP "Ile Yunan Finance, with NIS 94,380 in Finance, CEO of Ofer Bloch Electric Company with NIS 97,365 in NIS, Israel Post CEO Danny Goldstein with NIS 62,282 in Pay, Former CEO of Amidar, Reuven Kaplan - NIS 66,336 and former Shachar Ayalon CEO of Israel Railways with NIS 70,937. High data was also recorded at Haifa Port and Ashdod Port in positions such as router, chief usurer and warehouse manager.
The report shows that the rate of payroll expenses from the revenue cycle was highest in the Israeli postal companies, the port of Ashdod, Haifa and the aerospace industry, partly due to historical wage agreements. If the average rate of payroll expenses among government companies was 25.2%, then at E-Israel the payroll rate was 58.4%, Haifa Port 53.3%, Ashdod Port 49.5% and the aerospace industry 42.2%.
Salary Expenses, Wage Record Report, January 15, 2020 (Photo: Image Processing)
The report also shows that by 2018, the number of employees in government companies has increased by 0.9%. In 2018 alone, the number of employees increased by 0.4%, with the increase this year mainly due to an increase in the number of employees in the aerospace industry, Raphael, Israel Railways and transport companies. According to the report, the incorporation rate in government companies is three times higher than the incorporation in the economy, with 84% compared to 27%. The director of the Companies Authority noted that this rate, together with the low administrative flexibility set by collective agreements in some government companies, constitutes a barrier to the proper business development of the companies.
CEO of Shahar Ayalon Railway
This is reflected in the fact that Israel is ranked seventh among the OECD countries immediately after Finland, Belgium and Italy. The report also shows that 65% of all strikes were in the public sector compared to 35% of strikes in the private sector.