Israel | Compensation of Employees (Current Local Currency Units - LCU)

Employee compensation encompasses all payments made to employees for their services, including cash payments and in-kind benefits such as food and housing. It also includes government contributions to social insurance schemes, such as social security and pensions, which provide additional benefits to employees. The chart displays employee compensation in Israel, measured in current local currency units (LCU), over a 22-year period from 2000 to 2021. In 2021, employee compensation in Israel was reported to be 124 billion LCU.