Israeli High-Tech Industry Adapts Recruitment Amidst the Ongoing war in the Gaza strip

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by Ifi Reporter Category:Capital Market Nov 3, 2023

In the wake of a protracted military conflict, the Israeli high-tech industry faces unprecedented challenges in recruitment and employment. The situation is further complicated by a global economic crisis and local turmoil. Companies are forced to navigate this complex landscape, adjusting their approaches to maintain business operations while showing sensitivity to the ongoing crisis.

During the first week of the conflict, the Israeli job market saw a complete halt in recruitment, as the shock of the situation reverberated throughout the nation. The second week witnessed a slow trickle of new hires, and by the third week, a gradual increase began. It is estimated that job volumes will return to roughly half of pre-war levels in the coming months, contingent on the war's development, government and treasury actions, and other macroeconomic factors, as stated by Ziv Wolfowitz, Deputy CEO of AllJobs, Israel's largest job site group.

Resilience Amidst National Mourning

Keren Raphael, Head of People at Intuit, noted that in the first two weeks of the conflict, they suspended all recruitment processes out of respect for national mourning. However, candidates already in the pipeline began approaching the company to continue the interview process. Their commitment to ongoing recruitment is driven by a belief in the importance of sustaining the economy during difficult times.

"Under-the-Radar" Approaches

In the wake of the standoff, many companies shifted their recruitment strategies. They began offering volunteer positions, cybersecurity roles, and essential products, even in non-defense sectors. This approach, which includes job postings, is seen as the beginning of a new recruitment routine, according to career consultant Maya Buchnik.

Varied Responses in the High-Tech Industry

The high-tech industry, which was already facing a global and local crisis due to a legal coup and decreased foreign investments, experienced layoffs and more job seekers. While there is a 70% decrease in open positions since the conflict began, defense and cybersecurity industries have seen an increased demand for personnel.

Adapting to Extraordinary Circumstances

As organizations resume recruitment, they recognize the need for extraordinary sensitivity. Recruiters, interviewers, and candidates all grapple with unique challenges and emotions. The entire recruitment process has become more flexible, inclusive, and tailored to the situation, with a strong focus on empathy and understanding.

Impact on Reservists and Key Personnel

The extensive recruitment of reservists has created a shortage of workers, particularly in key positions. While companies have not yet resorted to recruiting temporary employees to replace reservists, there is a growing concern that prolonged conflict may necessitate such measures. Reservists may find their positions filled upon their return, highlighting the need for legal protections against discrimination.

The Path Forward

Despite the challenges, the Israeli high-tech industry remains resilient, with expectations of a post-conflict boom. When the crisis subsides, a renewed period of growth is anticipated, and the high-tech sector will likely experience a labor shortage. Dror Litbek, CEO of Experis, emphasized the importance of government incentives for worker employment in the post-conflict period.

The adaptability of Israeli companies in the face of ongoing conflict reflects a commitment to sustaining the nation's economy while recognizing the profound impact of these extraordinary times.

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