The purpose of this study is to explore Israeli teachers’ ethical dilemmas, by examining their perspectives towards the tensions that arise from competing values in their work. Twenty-two teachers participated in the study. The qualitative results indicated that teachers deal with a multiplicity of ethical tensions. We identified tensions of a more general nature and others that could be explained in light of the particular features of the Israeli context. Understanding the complexity of ethical dilemmas, especially in the Israeli context, may help to develop training programs and a code of ethics to assist the handling of teachers’ ethical dilemmas.