High-tech employee demand up 12%

high-tech employees

Algorithm developers, DevOps developers, and information security personnel earned the most.

Impressive success in the high-tech industry boosted demand for employees by 12% in 2014, compared with 2013. The SeeV job placement company compiled the data for "Globes." The company checked the average salary of employees in a variety of jobs, and found that the biggest benefiters were mobile developers, whose salary shot up 10-30%, depending on experience.

For example, the gross monthly salary of a mobile developer with three-five years of experience rose 30% last year, and is now NIS 18,00-26,000.

Which jobs are the highest paid? The company found that algorithm developers headed the list, followed by DevOps developers, who link the development environment to production), and information security personnel. The salary of an algorithm engineer with three-five years of experience was NIS 22,000-27,000 last year, 10% more than in 2013. A team head in this field is likely to earn NIS 32,000 a month, also 10% more on the average than in 2013.

An examination of the average salary in a number of positions indicates that salaries did not fall in any segment of the market. This fact is an integral part of last year's high-tech surge.

Commenting on this trend, SeeV CEO Daniel Halabi said, "2014 was a record-breaking year for Israeli high-tech companies, with 688 local startups raising a total of $3.4 billion. While the economy as a whole is slowing, or even stagnating, the high-tech industry continues to constitute a growth engine, and is maintaining its standing as a desirable and profitable sector, with high salaries and continued demand for developers."

Halabi added, "Most of the salaries rising from 2013 to 2014 were in the mobile, DevOps, algorithm engineering, and open code languages segments, such as Python and Ruby. Salaries increases in the mobile segment reached 30%, with the employees in the segment enjoying the greatest demand being mobile developers with experience in both development in an Android environment (Google's operating system) and Apple Computers' iOS environment."

Cyber field growth

Another global trend affecting local high tech is the growing anxiety about destructive cyber attacks liable to affect critical infrastructure, or to cause information leaks. The greater awareness of this field and a series of dramatic cyber attacks last year caused an increase in demand for security solutions.

The demand is apparently outstripping the supply, as reflected in the salary of information security personnel, who earn NIS 13,000-18,000 a month, even when they have only relatively limited experience of up to two years. Salary naturally climbs in tandem with seniority; a team head in this field is likely to earn NIS 31,000.

SeeV examined additional parameters for high-tech jobs, and found that demand for experienced employees rose last year. Towards the end of 2014, the threshold conditions were upgraded, with more than 70% of the jobs requiring candidates to have more than five years of experience.

The study found no surprises in geographic distribution. The figures show that the local high-tech engine is mainly in the Greater Tel Aviv region. Almost 69% of the new jobs were in the central region, with an emphasis on Tel Aviv (42%) and Herzliya (15%). Jerusalem trails far behind - only 0.7% of new jobs in 2014 were in Jerusalem.

Published by Globes [online], Israel business news - www.globes-online.com - on February 5, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

high-tech employees
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