First Update: Vacation Entitlement: Did you know?

As 2022 is drawing to a close, we have decided to open this new initiative by sharing with you, in brief, basic material information about vacation entitlement under Israeli law, including several important practical tips, which could be helpful when tackling this issue.

• Social Benefit: Entitlement to vacation is perceived as a social benefit and not as a monetary compensation, aiming to enable every employee to rest, recuperate and return to work feeling refreshed and re-energized. Therefore, the default according to law is that an employee is not entitled to redeem unused vacation days during the employment period. Redemption of unused vacation is generally only possible upon termination of employment.

• Minimum Statutory Quotas: Israeli law determines minimum quotas of vacation days to which employees are entitled. These quotas increase over time, depending on seniority in the same workplace or with the same employer.

Did you know? Higher quotas may be obligated by other binding sources, such as extension orders. Each employer should ensure that the quotas provided are not lower than the legal requirement.

• Accrual: There is no automatic accrual right. However, an employer may agree on accumulation of unused vacation from one year to the next, provided that the employee has used at least 7 (calendar) days during the year and that the remaining quota is used during the following 2 years.

Did you know? An employer’s...

Read Full Story: https://news.google.com/__i/rss/rd/articles/CBMiU2h0dHBzOi8vd3d3LmxleG9sb2d5L...