Israel is often referred to as the start-up nation because its incubator-like culture encourages new technology, science, and research firms. The Organization for Economic Cooperation and Development (OECD) placed Israel as the third most educated country worldwide, after Canada and Japan. Approximately 85% of Israelis speak English and this small country on the Mediterranean Sea's eastern shore combines a rich pre-biblical history with ultra-modern skyscrapers and ground-breaking innovation.
Israel is 15 hours from Los Angeles and approximately 88% the size of Maryland.
Israel is known as Western Asia's most developed country due largely to its strong economy, modern infrastructure, and 88% of citizens having advanced degrees. Israel has also drawn comparisons to Silicon Valley for cutting-edge technology in software, communications, and the biological sciences. Major exports include cut diamonds, pharmaceuticals, and high-technology equipment.
Israel's also home to some of the world's holiest religious sites, which, combined with the Mediterranean climate (only about 20 inches of rain annually!) and historical monuments, attract global tourists year-round. As do the 137 beautiful beaches. The residents' cultural diversity inspires world-class restaurants, museums, music, and theater. The equally diverse topography appeals to adventure enthusiasts seeking everything from climbing snow-peaked mountains in the north to camel treks at the southern tip of the country.
The World Bank classifies Israel as a high-income economy with the following trade agreements and alliances:
Full-time employees
Contractors
Employers are required to give each employee notice of the following employment information and terms:
Stipulated in the employment contract or a collective agreement
Monthly
USD equivalent median salaries
Employer Contributions
Employee Contributions
National Health Insurance (NHI)
Paid leave
Maternity
Paternity
Vacation/PTO days
Sick Days
Additional Leave
Additional Benefits
Holidays
Israel celebrates nine national (public) holidays and multiple observances a year. Some have fixed-dates set on the Gregorian calendar and others are based on the Lunar calendar and thus observed on different dates each year.
The most important Lunar calendar holidays are:
Employers are required to provide a written document outlining the reason(s) for their intention to terminate an employee, and an invitation to a hearing
Notice Period
Severance Pay
