After climbing constantly and steadily between 2009 and 2019, tech salaries fell 7% on common in 2020, the Ethosia employment company has discovered. Based on Ethosia, the common wage at a expertise firm in Israel in 2020 was NIS 26,260, down from NIS 28,240 in 2019. The common wage has fallen to its degree in 2016-2017.
Ethosia’s information relies on figures from its prospects who’ve 140,000 workers and the 12,000 folks it has positioned in jobs over the previous 12 months. Ethosia’s figures present related findings to the Central Bureau of Statistics. Nevertheless, not like the Central Bureau of Statistics, Ethosia distinguishes between employees in expertise positions with high-tech corporations, and doesn’t embrace employees working in administration, finance, upkeep and so forth.
Ethosia notes that there was an enchancment in tech salaries in Israel within the closing two months of the 12 months. In October 2020 the common tech wage was NIS 22,700, 5% down from NIS 24,055 in October 2019. In November 2020 the common wage was NIS 26,750 and in December 2020 the common wage was NIS 27,762 – approaching the common wage of NIS 28,240 in 2019.
One other indicator of a slight slowdown within the tech sector was that whereas 11% of tech workers voluntarily left their jobs in 2019, normally for the next paid job, this determine fell to six% in 2020. This determine has been steadily falling with 16% of tech workers voluntarily leaving their jobs in 2016.
An additional signal of slowdown in Israel’s tech sector, Ethosia discovered, was that the variety of open tech positions was lower in half in 2020 to six,400 from 12,500 in 2019.
Printed by Globes, Israel enterprise information – en.globes.co.il – on January 6, 2021
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