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HaaretzEconomy

Israeli High-Tech Salaries Jump 11% to Over $10,000 Monthly

Translated & summarized from Haaretz by baba

Center-leftNeutral tone

Hebrew · 11 newsrooms covering

The average monthly salary in Israel's high-tech industry has risen by 11% to over 38,000 shekels. The article also mentions layoffs at PayPal and SanDisk in Israel.

The story in 3 lines · by baba

  • Israeli high-tech salaries increased 11% to over 38,000 shekels monthly.
  • PayPal is laying off 20-25% of its Israeli employees.
  • SanDisk is also implementing job cuts in Israel.

The average monthly salary in Israel's high-tech sector has surpassed 38,000 shekels (approximately $10,300 USD), marking an 11% increase. This rise reflects the sector's continued growth and demand for skilled professionals.

In related news, the article touches upon other salary-related topics, including the earnings of doctors, with a mention of starting salaries for interns and the potential to reach 100,000 shekels monthly. It also notes significant layoffs at PayPal in Israel, affecting 20-25% of its workforce, and job cuts at SanDisk.

Further sections of the article delve into diverse subjects, such as the most important trait for children according to research, advice on choosing coffee, a critical perspective on Europe's current state, and opinion pieces on political figures and media criticism. These sections, while present in the original text, are not directly related to the high-tech salary increase.

HaaretzLeft · Tel Aviv

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