“Salary Confessions” Page Helps Lift The Lid On Salaries In Israel

Anonymous salary reports open up a whole new world of data about how much jobs in Israel are paying; salaries in “high tech” trend above 30,000 NIS/month, almost 2.5 times the national average.

Israel is an expensive country, but average salaries in the high-tech sector are continuing to trend significantly above the average and remain at above six figure territory in the US dollar. Photo: Wikimedia Commons

In Israel, as elsewhere, there’s a strong movement going on towards salary transparency right now.

As I wrote this January, jobseekers in Israel already have several means at their disposal to research where salaries stand in the job market:

For one, there are national salary surveys typically conducted by recruitment agencies . These provide good insights into the average (note: not mean) salary being paid in a specific field.

Increasingly, Glassdoor is proving itself useful not only for reading anonymous reviews of working conditions at Israeli companies, but also for finding anonymous salary reports.

According to recent data compiled by the Central Bureau of Statistics (CBS), Israel’s national statistics body, monthly salaries rose 5.5% in March and stood, then, at an average of 12,470 NIS. At today’s exchange rates (October 28th), that’s roughly $47,168 and €40,577 (salaries in Israel are quoted monthly).

Yes, you read that paragraph correctly. The average salary in the world of “high tech” now stands at more than 30,000 NIS per month.

Notably, the CBS computes a separate average salary figure for the country’s high-tech sector, where salaries significantly outpace those in the rest of the economy.

Despite the fact that recent data showed that the sector employs only a small cohort of 20,000 workers at its core, “high tech” remains a major economic driver of Israel’s economy, with jobs largely concentrated in Tel Aviv and the surrounding area (Hebrew: the merkaz, center). Successive Israeli governments have committed to driving participation rates in the high tech sector, particularly through encouraging the study of STEM subjects in high schools where, in recent years, Israel has showed concerning trends when benchmarked against other OECD member states.

According to data quoted in Globes the high tech average, in March, rose to 31,525 NIS. At the exchange rates in operation at the date of publication, that’s $119,244 and €102,577 in Euros and United States dollars respectively.

Broken down, the CBS numbers show that the high tech average now trends above the national figure at a multiple of slightly more than 2.47, laying bare the stark differences between Israel’s internationally-focused “high tech” workforce and the rest of the economy.

Salary Confessions Page Shares Anonymous Reports Verified By Payslip

In recent months, another weapon has arisen to help Israeli jobseekers get and stay appraised of their market value.

https://www.facebook.com/salaryconfessions/

Vidui Sachar (Hebrew: וידוי שכר; literally “salary confessions”) is a nascent Facebook page which features anonymous reports of salary from across the Israeli workforce.

In order to verify the claimed earnings, those submitting listings are asked to submit pay stubs (Hebrew: tlushim).

In order to preserve the anonymity of respondents, the information is submitted by Google Form and no personally identifiable information is collected.

Interacting with me by private message, the page owner said that he/she expressly refuses to collect information through any other means and that in the even that somebody submits information through Facebook, the messages are immediately deleted.

Among recent data points shared with the page:

  • A football referree who makes 1,554 NIS per game through officiating at matches
  • A software engineer with 5.5 years’ experience pulling in a monthly gross salary of 36,00 NIS
  • A data analyst with 3 years’ experience earning 19,00 NIS per month
  • A help desk assistant being paid 8,000 NIS per month

To check out the page, click the link above. And share it with your Israel-based friends and family!

(Hat tip: Elisheva Hecht-Bronner, via Facebook)

To share your salary report:

Coverage in Hebrew: