Israel Allocates 25 Million Shekels to Advance Women in High-Tech
Translated & summarized from Mignews by baba
Israel is allocating 25 million shekels to support women in the high-tech industry through 15 selected programs. These initiatives aim to help women advance to leadership positions and close the gender pay gap. Despite making up over a third of the tech workforce, women's representation declines in senior roles, and they earn about 44% less than their male counterparts.
The story in 5 lines · by baba
- Israel is investing 25 million shekels to support women in the high-tech sector.
- The initiative aims to help women advance to leadership roles and close the gender pay gap.
- Fifteen programs have been selected for this joint effort by the Israel Innovation Authority and the Ministry of Labor.
- Women hold over a third of high-tech jobs but are underrepresented in senior positions.
- Men in Israeli tech earn approximately 44% more per month than women.
Israel is investing 25 million shekels in programs designed to help women advance their careers in the technology sector and address the persistent gender pay gap. The initiative, a joint effort by the Israel Innovation Authority and the Ministry of Labor, has selected 15 programs.
These programs aim to prepare women for leadership roles, careers in high-tech, re-entry into the workforce after breaks, and career progression following maternity leave. Hanan Brand, Vice President and Head of the Startup Division at the Israel Innovation Authority, stated that women still face significant obstacles throughout their careers. The project's goal is not only to increase the number of women in high-tech but also to ensure they can build meaningful careers, achieve promotions, and lead companies and technologies.
While women constitute over a third of employees in the high-tech sector, their representation decreases at higher career levels. According to the Innovation Authority, men in technology roles earn approximately 44 percent more per month than women. The average monthly salary for women in the sector is 23,000 shekels, compared to 33,000 shekels for men.
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