Under Amendment 24 to the Wage Protection Law, Israeli employers face strict statutory requirements regarding payslip components, timely delivery, and detailed breakdown items.

Mandatory Items Required on Every Payslip:

  • Employee Details & Form 101: ID number, tax credit points, marital status, bank details.
  • Hourly Rate & Hours Worked: Detailed breakdown of base hours, overtime rates (125%, 150%), and weekend pay.
  • Statutory Benefits Breakdown: Pension contributions (employer + employee shares), Keren Hishtalmut, convalescence pay (Dmei Havraa), travel allowance.
  • Accumulated Leave Balances: Accurate monthly audit of vacation days and sick leave accruals.

Bernstein & Co. operates computerized payroll services providing accurate, compliant monthly payslips for companies of all sizes.