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Economy10:00 · 22m ago

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

TheMarker
Translated & summarized from TheMarker by baba
The story · English

The average monthly salary in Israel's high-tech sector has surged by 11% to exceed NIS 38,000 (approximately $10,300 USD), indicating continued growth in the industry. This figure highlights a robust compensation landscape for tech professionals, even amidst broader economic shifts.

The article also touches upon other financial and professional developments, including the salaries of doctors, with a mention of how junior doctors (stajers) can progress to earning NIS 100,000 monthly. It references a sentiment that the 'party in high-tech is not over,' despite some companies like PayPal and SanDisk announcing layoffs in Israel, affecting 20-25% of PayPal's workforce and dozens of employees at SanDisk respectively.

Further diversification in career paths is noted, with individuals leaving established high-tech careers after two decades to pursue fields like law. The piece also includes unrelated items such as investment guides for the Polish stock market and S&P 500, information on dollar-shekel exchange rates, a NIS 50 million apartment sale near the Western Wall, and a lawsuit by 38 apartment buyers in Netanya.

Read the original at TheMarker
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