Startup Employees Make Double the Average Israeli Wage, Report Says
A Monday report by the Israeli Central Bureau of Statistics reveals startup employees make an average monthly wage of approximately $5,780, with Tel Avivian startup workers earning on average approximately $1,550 more than their Jerusalem counterparts
Meir Orbach | 10:22 31.12.2019
The average monthly wage of a startup employee in Israel is NIS 20,000 (approximately $5,780), twice as much as the country’s general average wage, according to a Monday report by Israel’s Central Bureau of Statistics (CBS). For larger startups employing between 21 and 50 people, the average wage is NIS 23,000 (approximately $6,650), the report stated. Geography also makes a difference. In Tel Aviv, startup employees make on average NIS 22,100 (approximately $6,390) a month, while in Jerusalem they will have to settle for NIS 16,700 (approximately $4,830), or only 1.3 times more than the general average monthly wage.