High-tech salaries rebound to $11,700 despite hiring slowdown
Technology wages jumped 13.7% year over year as companies remain cautious on recruitment and employment levels lag behind previous years.
The average salary in Israel’s high-tech sector climbed sharply in May, defying the slowdown in demand for technology workers and ongoing uncertainty in the industry.
The average high-tech wage rose 2.5% from NIS 34,870 ($11,471) in April to NIS 35,760 ($11,763) in May, according to data published by the Central Bureau of Statistics. The increase follows a sharp decline from the sector’s all-time high of NIS 38,467 ($12,653) recorded in March, representing a 9.4% drop from the peak.
Despite the recent recovery, the May figure remains below March’s record level. However, compared with May 2025, when the average high-tech salary stood at NIS 31,459 ($10,349), wages have jumped 13.7% year over year, a notable increase given the weaker hiring environment and reduced demand for technology workers.
The Central Bureau of Statistics does not publish monthly sector-specific estimates, so the high-tech wage data refers to May, while estimates for the broader economy refer to June.
Across the entire economy, the average wage increased by 6.7% from NIS 14,263 ($4,692) in May to NIS 15,223 ($5,007) in June. The increase reflects a seasonal rise typically recorded in June, following a 10.4% decline from the March peak of NIS 15,937 ($5,242).
Meanwhile, the number of salaried jobs held by Israeli workers continued to recover but remains below previous levels. The number of salaried positions increased by 1.1% from 4.168 million in May to 4.216 million in June, according to the estimate.
However, employment remains below the 2025 average of 4.355 million jobs and is nearly identical to the 2023 average of 4.234 million. The figures indicate that while wages, particularly in high-tech, have recovered, the labor market has yet to fully regain the ground lost over the past three years.
