NVMI » Topics » Employees

This excerpt taken from the NVMI 20-F filed Mar 28, 2008.

Employees

        Set forth below is a chart showing the number of people we employed at the times indicated.

as of December 31,
2005
2006
2007
 
Total Personnel      239    280    288  
   
Located in Israel    156    168    181  
Located abroad    83    112    107  
   
In operations    33    60    71  
In research and development    84    83    76  
In global business    98    116    117  
In general and administration    24    21    24  

        As of December 31, 2007, we employed a total of 275 persons worldwide, not including 13 independent contractors and temporary employees, of which 76 were in research and development, 71 were in operations, 117 were in global business and 24 were in general and administration. As of December 31, 2007, 181 of our employees were based in Israel and 107 were located abroad.

        We were a member of the Industrialists Association in Israel, an employer’s union until December 31, 2006. As a result of this membership, a number of collective bargaining agreements apply to us. These agreements principally deal with cost of living wage increases, paid vacation and holidays, length of the workday, wage tariffs, termination and severance payments. As of December 31, 2007, to the best of our knowledge, we have been providing our employees with benefits and working conditions that are at least as favorable as those found in the collective bargaining agreements.

        Israeli labor laws and regulations apply to all employees employed by Nova Measuring Instruments Ltd. The laws are principally concerned with matters such as paid vacation, paid sick days, length of workday, payment for overtime and severance payments upon the retirement or death of an employee or termination of employment.

This excerpt taken from the NVMI 20-F filed May 11, 2007.

Employees

        Set forth below is a chart showing the number of people we employed at the times indicated.

as of December 31,
2004
2005
2006
 
Total Personnel      239    239    280  
   
Located in Israel    159    156    168  
Located abroad (mainly U.S.)    80    83    112  
   
In operations    40    33    60  
In research and development    82    84    83  
In Global Business    95    98    116  
In general and administration    22    24    21  

        As of December 31, 2006, we employed a total of 280 persons worldwide, not including 19 independent contractors and temporary employees, of which 83 were in research and development, 60 were in operations, 116 were in global business and 21 were in general and administration. As of December 2006, 168 of our employees were based in Israel and 112 were located abroad.

        We were a member of the Industrialists Association in Israel, an employer’s union until December 31, 2006. As a result of this membership, a number of collective bargaining agreements apply to us. These agreements principally concern cost of living wage increases, paid vacation and holidays, length of the workday, wage tariffs, termination and severance payments. As of December 31, 2006, we have been providing our employees with benefits and working conditions that are at least as favorable as those found in the collective bargaining agreements.

        Israeli labor laws and regulations apply to all our employees employed by Nova Measuring Instruments Ltd. The laws principally concern matters such as paid vacation, paid sick days, length of workday, payment for overtime and severance payments upon the retirement or death of an employee or termination of employment.

This excerpt taken from the NVMI 20-F filed Jun 29, 2006.

Employees

          Set forth below is a chart showing the number of people we employed at the times indicated.

 

 

 

 

 

 

 

 

 

 

 

 

 

as of December 31,

 

 

 


 

 

 

2003

 

2004

 

2005

 

 

 


 


 


 

 

 

 

 

 

 

 

 

 

 

 

Total Personnel

 

212

 

 

239

 

 

239

 

 

 

 

 

 

 

 

 

 

 

 

 

Located in Israel

 

150

 

 

159

 

 

156

 

 

Located abroad (mainly U.S.)

 

62

 

 

80

 

 

83

 

 

 

 

 

 

 

 

 

 

 

 

 

In operations

 

37

 

 

40

 

 

33

 

 

In research and development

 

72

 

 

82

 

 

84

 

 

In sales and marketing

 

24

 

 

29

 

 

29

 

 

In service and support

 

62

 

 

66

 

 

69

 

 

In general and administration

 

17

 

 

22

 

 

24

 

 

          As of December 31, 2005, we employed a total of 239 persons worldwide, not including 30 independent contractors and temporary employees, of which 84 were in research and development, 33 were in operations, 69 were in service and support, and testing, 29 were in sales and marketing and 24 were in general and administration. As of December 2005, 156 of our employees were based in Israel and 83 were located abroad.

          We are a member of the Industrialists Association in Israel, an employer’s union. As a result of this membership, a number of collective bargaining agreements apply to us. These agreements principally concern cost of living wage increases, paid vacation and holidays, length of the workday, wage tariffs, termination and severance payments. We provide our employees with benefits and working conditions that are at least as favorable as those found in the collective bargaining agreements.

          Israeli labor laws and regulations apply to all our employees employed by Nova Measuring Instruments Ltd. The laws principally concern matters such as paid vacation, paid sick days, length of the workday, payment for overtime and severance payments upon the retirement or death of an employee or termination of employment.

This excerpt taken from the NVMI 20-F filed Jun 12, 2006.

Employees

        Set forth below is a chart showing the number of people we employed at the times indicated.

as of December 31,
2002
2003
2004
 
Total Personnel      215    212    239  
   
Located in Israel    150    150    159  
Located abroad (mainly U.S.)    65    62    80  
   
In operations    41    37    40  
In research and development    74    72    82  
In sales and marketing    24    24    29  
In service and support    60    62    80  
In general and administration    16    17    22  

        As of December 31, 2004, we employed a total of 239 persons worldwide, not including 40 independent contractors and temporary employees, of which 82 were in research and development, 40 were in operations, 80 were in service and support, and testing, 29 were in sales and marketing and 22 were in general and administration. As of December 2004, 159 of our employees were based in Israel and 80 were located abroad.

- 43 -



        Because we were adversely affected by, and our first quarter 2005 financial results reflect, the general slowdown in the semiconductor equipment market that started in 2005, we implemented a cost-reduction plan in the first quarter, which included a reduction in workforce.

        We are a member of the Industrialists Association in Israel, an employer's union. As a result of this membership, a number of collective bargaining agreements apply to us. These agreements principally concern cost of living wage increases, paid vacation and holidays, length of the workday, wage tariffs, termination and severance payments. We provide our employees with benefits and working conditions that are at least as favorable as those found in the collective bargaining agreements.

        Israeli labor laws and regulations apply to all our employees employed by Nova Measuring Instruments Ltd. The laws principally concern matters such as paid vacation, paid sick days, length of the workday, payment for overtime and severance payments upon the retirement or death of an employee or termination of employment.

This excerpt taken from the NVMI 20-F filed Jun 28, 2005.

Employees

        Set forth below is a chart showing the number of people we employed at the times indicated.

as of December 31,
2002
2003
2004
 
Total Personnel      215    212    239  
   
Located in Israel    150    150    159  
Located abroad (mainly U.S.)    65    62    80  
   
In operations    41    37    40  
In research and development    74    72    82  
In sales and marketing    24    24    29  
In service and support    60    62    80  
In general and administration    16    17    22  

        As of December 31, 2004, we employed a total of 239 persons worldwide, not including 40 independent contractors and temporary employees, of which 82 were in research and development, 40 were in operations, 80 were in service and support, and testing, 29 were in sales and marketing and 22 were in general and administration. As of December 2004, 159 of our employees were based in Israel and 80 were located abroad.

- 43 -



        Because we were adversely affected by, and our first quarter 2005 financial results reflect, the general slowdown in the semiconductor equipment market that started in 2005, we implemented a cost-reduction plan in the first quarter, which included a reduction in workforce.

        We are a member of the Industrialists Association in Israel, an employer's union. As a result of this membership, a number of collective bargaining agreements apply to us. These agreements principally concern cost of living wage increases, paid vacation and holidays, length of the workday, wage tariffs, termination and severance payments. We provide our employees with benefits and working conditions that are at least as favorable as those found in the collective bargaining agreements.

        Israeli labor laws and regulations apply to all our employees employed by Nova Measuring Instruments Ltd. The laws principally concern matters such as paid vacation, paid sick days, length of the workday, payment for overtime and severance payments upon the retirement or death of an employee or termination of employment.

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