The average salary for January in Israel rose to NIS 10,208

Posted on Apr 9, 2018 by Ifi Reporter - Dan Bielski

The average salary for January continued to rise and amounted to NIS 10,208, an increase of 2.4%. This emerges from data from the Central Bureau of Statistics.
The highest average wage was in the information and communications industry, which includes a large part of high-tech professions: NIS 21,725. In second place was the financial services and insurance sector: 19,013. In the financial services and insurance sector, the average wage per employee post increased by an annual 7.5% in November 2017-January 2018, following an increase of 10.1% in August-October. In the information and communications industry, the average wage rose by 6.2% in November-January.
 
The industry in third place in the field of average wages is the infrastructure sector, which includes electricity, water, sewage and garbage: NIS 17,320.
 
The average wage in the field of education is much lower than the average wage in the economy: only NIS 7,803. The proposed wage in the field of health, welfare and nursing is slightly higher than in education: NIS 8,718. The lowest average wage is as usual in the hospitality and food services - NIS 4,878
 
In the banking sector salaries in January amounted to 26,112. The average wage of an employee in the banking system was the highest in January among the other financial sectors. CBS data for January 2018 show that in the insurance and pension industry the average wage was NIS 14,492, and the average wage per employee in non-banking financial institutions and non-bank lenders was NIS 16,792


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.