The average wage in January: NIS 10,538, an increase of 3.4%
Posted on Apr 7, 2019 by Ifi Reporter
The average wage in January was NIS 10,538, an increase of 3.4% compared with January 2018, according to the Central Bureau of Statistics.
Compared to December, this is a decrease of 2.5% from NIS 10,806. However, it should be borne in mind that the average wage usually increases in December, in view of the bonuses paid by employers in the private sector at the end of the year due to tax considerations.
Data from the Central Bureau of Statistics show that 34% of salaried workers earned over the average wage in January, and 66% of employees earned less than the national average wage.
The data also showed that in January there were 3.68 million jobs of Israeli workers - a decrease of 0.4% compared with 3.69 million jobs recorded in December. This is the first decline in jobs since the March-April 2018 decline.
However, according to trend data, there was actually an increase in the number of jobs - from 3,690 million in December to 3.691 million in January, and an increase of 1.4% from 3.64 million in January 2018.
The industry, which includes the most significant increase of 4.7% in the average wage in November 2018, is the industry with the largest increase (4.7% in the average wage in November 2018) January 2019.
The industry that experienced the greatest decline in wages between November and January was the local administration, public and national security, with a 2.3% drop after a 3.2% increase between August and October.
The industry with the highest average wage is the mining and quarrying industry, with an average of NIS 24,386 in January 2019 (compared with NIS 22,692 in January 2018), but this industry is negligible in terms of the number of jobs - only 4,800 employees worked in January.
A sector with the next highest wage is the information and communications industry with a salary of NIS 23,117 (compared with NIS 20,934 in January 2018). This industry employed about 190,000 jobs in January.
The industry with the lowest average wage in January was the hospitality and food services industry with only NIS 5,146. The Central Bureau of Statistics examines the high-tech sector separately from other industries due to its different characteristics from the entire economy, since wages in this field are more than double the average wage. It is important to distinguish between a single industry and a sector (such as high-tech), which includes several industries. In this case, high-tech is considered a field because it is a collection of several branches together that comprise the high-tech field.
The average wage per employee post of high-tech workers in January was 23,328 in January - a rise of 7.2% compared to January 2018, when the salary was NIS 21,757.
The number of employee posts in high-tech in January was 318,000, almost unchanged from December 2018, and they comprised 8.6% of all employee jobs in the economy, similar to December. The highest number of employee jobs in the high-tech sector was in the computer and computer consulting sector - 143,000 jobs, and the lowest number was in information services (portals, search engines, data processing and storage and other information services) with 6,800 jobs.
In the high-tech sector, the highest-paid sector in January was computer programming and consulting, where wages were NIS 25,968 (in December, wages were lower, at NIS 24,744), while the lowest-paying sector was communications services (The provision of communications services and related services, including assembling television channel packages), in which the salary was NIS 14,261.
The average wage in January was NIS 10,538, an increase of 3.4% compared with January 2018, according to the Central Bureau of Statistics.
Compared to December, this is a decrease of 2.5% from NIS 10,806. However, it should be borne in mind that the average wage usually increases in December, in view of the bonuses paid by employers in the private sector at the end of the year due to tax considerations.
Data from the Central Bureau of Statistics show that 34% of salaried workers earned over the average wage in January, and 66% of employees earned less than the national average wage.
The data also showed that in January there were 3.68 million jobs of Israeli workers - a decrease of 0.4% compared with 3.69 million jobs recorded in December. This is the first decline in jobs since the March-April 2018 decline.
However, according to trend data, there was actually an increase in the number of jobs - from 3,690 million in December to 3.691 million in January, and an increase of 1.4% from 3.64 million in January 2018.
The industry, which includes the most significant increase of 4.7% in the average wage in November 2018, is the industry with the largest increase (4.7% in the average wage in November 2018) January 2019.
The industry that experienced the greatest decline in wages between November and January was the local administration, public and national security, with a 2.3% drop after a 3.2% increase between August and October.
The industry with the highest average wage is the mining and quarrying industry, with an average of NIS 24,386 in January 2019 (compared with NIS 22,692 in January 2018), but this industry is negligible in terms of the number of jobs - only 4,800 employees worked in January.
A sector with the next highest wage is the information and communications industry with a salary of NIS 23,117 (compared with NIS 20,934 in January 2018). This industry employed about 190,000 jobs in January.
The industry with the lowest average wage in January was the hospitality and food services industry with only NIS 5,146. The Central Bureau of Statistics examines the high-tech sector separately from other industries due to its different characteristics from the entire economy, since wages in this field are more than double the average wage. It is important to distinguish between a single industry and a sector (such as high-tech), which includes several industries. In this case, high-tech is considered a field because it is a collection of several branches together that comprise the high-tech field.
The average wage per employee post of high-tech workers in January was 23,328 in January - a rise of 7.2% compared to January 2018, when the salary was NIS 21,757.
The number of employee jobs in high-tech in January was 318,000, almost unchanged from December 2018, and they comprised 8.6%
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