Israel’s high-tech industry is booming

In the first quarter of 2019, there has been a significant increase in wages and demand for employees. A survey conducted this year shows that the most sought after professions in the high-tech industry are mobile and web developers, and the wage, which is already high compared to the average, rose in about 5-8%.

According to a survey by human resource firm CPS JOBS, the highest increase in wages for high-tech employees were in the categories of internet marketing, including content management, social network, and campaign management, in addition to a 1% rise in demand for employees in the field.

An increase of 8% was noted for media purchases profession, and an increase of 7% was found for the role of search engine optimization. An employee with 2 years of experience can make 8,000-9,000 NIS, and an employee with up to 5 years of experience can earn from 10,000-17,000 NIS per month on average.

A wage increase of 7% was found for software development since the same quarter last year, and an increase of 6% in web development. For example, a .NET developer wage is around 13,000-17,000 NIS and if the same developer has 5 years’ experience he can earn 17,000-22,000 NIS.

But not all is great in the high-tech industry: in the marketing and sales professions such as sales management and product management, there is no change in wages. In the field of Quality Assurance, there is a decrease in wages and demand for employees, while experienced QA testers are enjoying a 3% increase to their wages. The companies prefer experienced QA teams, unlike last year when they hired novice QA testers.