Finance Ministry official Kobi Bar-Nathan vows to do 'everything in our power' to avoid a strike on September 1

Talks set to resume on Monday after Lapid speaks with involved parties to try to speed up process, avert strike on September 1

Key reported sticking point is proposal to give young teachers bonus to keep them in profession, with union warning it will cause mass exodus in the future

Finance minister says strike threat is an attempt to 'take students and parents hostage'; union calls proposal 'embarrassing,' as representatives set to sit down with Lapid

Treasury assessment identifies 29% average salary difference between veteran education staff and newer faces; teachers' union dismisses data as 'manipulation' amid wage dispute