Israeli Tech Sector Sees Salary Drop, Still Far Outpaces Other Industries

The average monthly salary in Israel rose by 3.4% in July 2026 to 14,534 shekels, an increase of 1.8% in real terms after accounting for inflation. However, data from the Central Bureau of Statistics (CBS) reveals a significant disparity, with the high-tech sector earning nearly 2.7 times the average of the rest of the economy. Financial companies followed, with an average monthly salary of 24,491 shekels, though they represent only 2.5% of all salaried positions.

In the high-tech industry, the average salary was reported as 42,886 shekels in June, a figure that was corrected downwards from a previous estimate of 56,767 shekels. This revised figure still represents a decrease of approximately 5,000 shekels from the previous month and about 10,000 shekels from May. Despite these high earnings, the number of salaried positions in high-tech declined slightly in July to 397,300, a 0.2% drop from June and a 0.3% decrease compared to July of the previous year. The high-tech sector's share of all salaried jobs also slightly decreased to 9.3% in July.

Overall, Israel had 4.251 million salaried positions in July, a 0.4% increase from June and a 0.8% rise year-over-year. Trend data indicates a 1.0% annual increase in job numbers from May to July, following a 1.3% decrease in the preceding three months. Preliminary estimates for August suggest a continued annual rise in average salary, which was around 14,448 shekels, but a monthly decrease in the number of salaried positions.