Israel’s average salary rises 4.7%
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Israel’s common salary in September 2022 was NIS 12,214, the Central Bureau of stats reports, up 4.7% from September 2021 but down somewhat from August 2022.

The common income in the tech sector in September 2022 was NIS 27,511, 5.1% increased than September 2021 – the largest soar ever in the typical regular salary – but down marginally from NIS 27,880 in August 2022.

At the very same time there was a 9.9% bounce in the quantity of salaried staff in the tech sector from 353,300 in September 2021 to 388,300 in September 2022 and also up from 386,800 in August 2022. According to the Central Bureau of Studies, the tech sector used 10% of salaried employees in Israel in September 2022, up .2% from August 2022.




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Typical month-to-month salaries in Israel in the tech sector peaked in February 2022, when they exceeded the NIS 30,000 threshold and achieved NIS 30,049. But right after March 2022, regular regular salaries in the tech sector started slipping to NIS 26,878, generally owing to the sharp tumble in valuations of publicly trade and some significant privately held tech businesses, and the wave of layoffs that ensued.

Printed by Globes, Israel organization information – en.globes.co.il – on December 4, 2022.

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