High-tech pay takes a sharp turn lower after months of double-digit growth
The average salary in Israel’s technology sector fell 6.2% in July to NIS 34,301 ($11,246), while the number of high-tech jobs also declined compared with a year earlier.
The average wage in Israel’s high-tech sector fell by 6.2% in July, dropping from NIS 36,584 ($11,995) in June to NIS 34,301 ($11,246). As a result, the sector’s year-over-year wage growth slowed to just 2.3%, compared with July 2025, when the average wage stood at NIS 33,520 ($10,990). This marked a sharp reversal from the double-digit annual increases recorded in previous months, including 13.7% in May and 11.7% in June.
The figures were published Monday by the Central Bureau of Statistics as part of its data on average wages and employment levels in the economy for July.
Even after the decline, high-tech wages remained nearly 2.4 times higher than the economy-wide average. The highest average wage was recorded in the scientific research and development sector, at NIS 37,578 ($12,321), which employs 46,400 salaried workers.
In the programming and computer consultancy sector, which employs more than 218,000 workers, or 55% of all high-tech employees, the average wage stood at NIS 36,052 ($11,820).
The number of salaried positions in high-tech stood at 397,300 in July, down 0.2% from 397,900 in June and 0.3% from 398,300 in July 2025. While part of the monthly decline reflects seasonal factors, the fact that high-tech employment was also lower than a year earlier points to continued weakness in hiring.
High-tech positions accounted for 9.3% of all salaried positions in the economy in July, compared with 9.4% in both June and July 2025.
The broader labor market also recorded a decline in average wages in August. The average wage for Israeli employees fell by 0.6%, from NIS 14,534 ($4,765) in July to NIS 14,448 ($4,737), according to a flash estimate from the Central Bureau of Statistics.
The monthly decline was more moderate than the 1.4% drop recorded between July and August last year. On an annual basis, however, the average wage was up 4.2%, from NIS 13,867 ($4,547) in August 2025.
The number of salaried positions held by Israelis fell by 2.2% in August, from 4.251 million in July to 4.158 million, according to the flash estimate. The decline appears to be largely seasonal. In August last year, the number of jobs fell by 2.3%, from 4.219 million in July to 4.120 million.
Despite the seasonal decline, the number of salaried positions in August was 0.9% higher than a year earlier.
