Jerusalem, 15 January, 2026 (TPS-IL) — Israel’s Ministry of Finance, the Histadrut (Israel’s national labor federation) and the workers’ representative body have signed a new collective agreement for employees of Noga – the electricity system management company.

At the center of the agreement, which will apply to approximately 500 employees of the government company, which manages the operation, planning and trade in the electricity sector in Israel, is a modern and attractive salary structure – something that will strengthen the company’s long-term employment stability and make it possible to attract additional quality employees to the ranks of “Naga.”

Main points of the agreement:
• A percentage increase to the base salary of 3% starting in January of this year (as part of the framework agreement).
• A new salary structure for new employees by clusters and levels, with minimum and maximum ranges, update mechanisms, and differential promotion increments over the years.
• A transition path for existing employees to the new salary structure.
• A signing bonus of NIS 20,000 for employees with one year or more of seniority (and for employees with shorter seniority – a proportional bonus).
• Annual performance bonuses (bonuses) for all employees, according to defined criteria determined by management in consultation with the workers’ committee; broad eligibility for most employees in the target groups.
• Regulation of personal contracts: reduction and association of most personal contract holders with the collective agreement; delimitation of positions where employment under personal contracts and special conditions in defined cases is possible.
• Restrictions on outsourcing and a commitment to the gradual absorption of existing contractor employees for direct employment, subject to a designated track and in defined areas.

The agreement, which also includes horizontal salary increases and performance bonuses, will be valid until 2030.

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