The new report “Israel: A Social Report – 2013” by Adva Center finds Israel at the top of the graphs of inequality and poverty among developed nations, at a time when inequality has come to be recognized throughout the world as a social and economic threat. However, this recognition has yet to be realized in Israel: here the neo-liberal government opts to deal with it – or to be exact, not to deal with it – by setting up committees to effect limited changes, like the Trajtenberg Committee, the Committee on the Concentration of the Economy, or the War against Poverty Committee.
Social Protest in Israel, 2011 summer (Photo: Equal Money)
According to the report, in 2012, the annual salary bill of the director-generals of the 100 largest corporations on the Tel Aviv Stock Exchange was, on average, NIS 4.519 million, or NIS 376.6 thousands monthly. The annual salary bill of the five highest earners in these corporations was an average of NIS 3.421 million, or NIS 285 thousands monthly. In 2012, the cost of the average salary of a director-general at the largest corporations was 42 times the average wage (NIS 9.018) and 87 times the minimum wage (NIS 4,300).
But in 2012 women’s average monthly wage was 66 percent of men’s, and women’s average hourly wage was 84.9 percent of men’s. In the same year the average monthly wage of employed urban Ashkenazi workers (Israeli-born to fathers born in Europe or America) was 42 percent above the average monthly wage of all employed urban workers. The wages of employed urban Mizrahi workers (Israeli-born to fathers born in Asia or Africa) was 9 percent above the overall average. The wages of employed Arab urban workers was 34 percent below the overall average.
Related:
http://www.adva.org/default.asp?pageid=1002&itmid=779
