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This excerpt taken from the NVMI 20-F filed Mar 28, 2008. EmployeesSet forth below is a chart showing the number of people we employed at the times indicated.
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 employers 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. EmployeesSet forth below is a chart showing the number of people we employed at the times indicated.
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 employers 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, 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 employers 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. EmployeesSet forth below is a chart showing the number of people we employed at the times indicated.
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. EmployeesSet forth below is a chart showing the number of people we employed at the times indicated.
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. | EXCERPTS ON THIS PAGE:
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