Average Tech Salaries in Israel Surge Over 13% Amid Stable Job Numbers

In May 2026, the average monthly salary for tech employees in Israel rose to 35,760 shekels, marking a 13.7% increase from 31,459 shekels in May 2025, according to data released by the Central Bureau of Statistics (CBS) on Tuesday. Despite this significant wage growth, the number of tech jobs remained nearly unchanged, with 397,100 positions in May compared to 396,600 a year earlier, and only a slight 0.2% increase from April 2026.

The proportion of tech jobs within the total salaried workforce in Israel continued to decline, now constituting 9.5% compared to 9.7% the previous month and around 10% several years ago. The CBS suggested that advancements in artificial intelligence might be influencing the labor market by boosting worker productivity while reducing the need for some roles.

Across the broader Israeli economy, average salaries also increased, reaching 14,263 shekels in May 2026, up 6.6% from the previous year. When adjusted for inflation, this represents a 4.6% real wage increase. Significant wage disparities persist between sectors, with financial services averaging 27,143 shekels, private nonprofits at 7,454 shekels, and household workers at 6,136 shekels.

Preliminary estimates for June indicate the upward salary trend is continuing, with the average wage rising to 15,223 shekels, a 7.7% increase year-over-year, alongside a 2% growth in total job numbers across the economy.