Who is entitled and how does it work: all you need to know about advanced study funds; Adv. Eli Beloshevsky from our firm’s Labour Laws department in an interview to Globes

Adv. Eli Beloshevsky from our firm’s Labour Laws department, who represents and accompanies leading companies and employers on the market, explains in a designated article on the subject of who are entitled to advanced study funds, and what are the restrictions applied by law – in terms of employer and employee.
“There is no general legal obligation to deposit into an advanced study fund for employees. There are certain sectors for which there are expansion orders that determine obligatory deposits to advanced study funds… there are also work places with specific collective agreements between the employers and the representative employees organization at the work place, which determine employer obligation to deposit into advanced study funds”.
For the full article: Globes