Histadrut Chairman Avi Nissenkorn declared on Tuesday that his union had saved the Israel postal service from financial collapse and achieved a great victory for postal workers.
A preliminary agreement reached with the Communications Ministry after weeks of work sanctions calls for upgrading postal services and greater job security.
Postal hours will be extended to 8:00 p.m.; average waiting time in local branches will be 10 minutes; mail-distributing machines will be installed in postal branches; and 24-hour mail services will also be improved.
The number of days workers will be sent on rounds will be reduced to two and a half per every two weeks, and thousands of employees will gain tenure.
The state and the Histradrut agreed that up to 20 percent of the Postal Company’s shares would be allocated to a private investor, followed by a public offering that would bring the total non-state holdings in the company to 40 percent. The state’s stake in the company will remain at least 60 percent.