In recent years, Israel has gained worldwide recognition as a "Start-Up Nation" with a thriving tech industry. The country's commitment to innovation and cutting-edge technology has resulted in a plethora of high-paying jobs in Israel across various sectors.
Whether you are an aspiring tech enthusiast or seeking a rewarding career path in other domains, Israel offers a host of well-compensated employment prospects. In this article, we will delve into the highest paying jobs in Israel for 2023, with a particular focus on lucrative opportunities in the hi-tech sector and the best tech jobs for juniors and beginners for the future.
Highest Paying Hi-Tech Jobs in Israel
The tech sector in Israel is undoubtedly among the most lucrative. Within this sector, there are a variety of jobs, some of which require a specific educational background. Let’s do a deep dive into some of the highest paying technology jobs available.
Deep Learning Algorithm Developers
With Israel's AI industry flourishing, deep learning algorithm developers are among the most sought-after professionals. They are responsible for designing and implementing advanced algorithms that power various AI applications, including natural language processing, computer vision, and recommendation systems.
Their expertise is in high demand as companies seek to leverage AI for enhanced efficiency and innovation. According to Glassdoor, the average monthly salary for an algorithm developer in Israel is 66,000 shekel a month when accounting for base pay and any bonuses.
Node Developers
In an era dominated by web and mobile applications, Node.js developers are highly valued for their ability to build scalable and efficient server-side applications using JavaScript. While there are many different types of developers, node developers are one of the most in-demand for multiple reasons.
Node.js is extremely popular amongst companies that have real-time applications such as chatbots or gaming servers. It also allows for the development of both frontend and backend in Javascript, making it an attractive platform for companies looking to use one language for a project that requires both frontend and backend development.
Node also has an extremely large portfolio of free and open-source tools available. The demand for Node.js developers is on the rise as more businesses embrace digital transformation and online services. According to Payscale, the average monthly salary of node developers in Israel is 20,500 shekel.
Java Server Developers
Java remains a cornerstone for building robust server-side applications. Java server developers are essential in creating secure and high-performance backend systems that support critical business operations.
Since Java isn’t going anywhere anytime soon, you can’t go wrong here. According to Glassdoor, the average salary for a Java Developer in Israel is 28,000 shekel a month.
Python Programmers
Python is a highly versatile language. This has made it a popular choice for various applications like web development, data analysis, and artificial intelligence. Python programmers are in high demand across diverse industries for their ability to create innovative and efficient solutions.
According to the Economic Research Institute, the average salary for a Python Developer in Israel is 21,494 shekel a month.
Best High-Tech Sectors to Work for in 2024
Big Data
Structured, Semi-structured, Unstructured…so much data, so little time. Remember when business executives used to make decisions based on gut instinct? Yeah, we don’t either but it actually happened in the past.
With such vast amounts of data being collected every second of every day, the need for skilled professionals who can analyze and derive actionable insights is only growing. Big data specialists play a crucial role in helping companies make decisions based on data-driven strategies, leading to increased demand and competitive salaries.
The numbers don’t lie, and without the input of data analysts and data scientists, corporate executives and management-level employees would be unable to make informed decisions. This makes data specialists a highly valuable asset. While tech companies often employ big data experts, other organizations from government agencies to medical institutions need them too, making big data careers one that is transferable amongst industries.
Artificial Intelligence (AI)
Israel's AI industry is a hotbed of innovation, and professionals specializing in AI, machine learning, analysis, and data science are at the forefront of transformative advancements.
AI experts are sought after to develop intelligent systems and solutions that drive progress in various fields. Ai-startups.org has a list of the top 100 AI companies in Israel. That’s right, one hundred. From self-driving cars to medical technology to video creation, there is no shortage of industries or roles within them.
MedicalTech
Israel is known for its advanced medical technology, and the medical equipment sector offers lucrative careers for engineers, researchers, analysts, and data scientists.
Professionals in this sector contribute to groundbreaking innovations that have a significant impact on healthcare worldwide. Take MDI Health for example, they use human pharmacological experience and knowledge together with artificial intelligence, to scan a patient’s various medications to prevent adverse interactions, illness, or death.
Another company is Focal Medical. They created a device that treats prostate cancer. It identifies cancerous areas and destroys them using an electric current, without damaging the surrounding healthy tissue.
Some of the top MedicalTech startups include:
- Novocure - a company with a pioneering oncology cure - Funding: $903.5M
- NanoX Medical - developed breakthrough X-ray technology - Funding: $274M
- Augmedics - develops cutting-edge technologies for surgery - Funding $225.6M
All of these companies are earning millions and looking for qualified specialists to join their teams.
Deep Learning
As a subset of AI, deep learning is revolutionizing industries by enabling computers to learn from data and improve their performance over time. Deep learning specialists are highly valued for their ability to develop sophisticated AI models and applications.
Cybersecurity
With the increasing frequency and sophistication of cyber threats, Israel's cybersecurity sector is robust and constantly evolving. Cybersecurity experts play a critical role in protecting sensitive information and digital assets, putting their expertise in high demand. Within cybersecurity, there are many different roles one can choose from such as a computer forensic analyst, security engineer or security analyst, to name a few.
Finance and Insurance Technology
Israel's fintech and Insurtech sectors are booming, attracting tech-savvy professionals to drive innovation in financial services and insurance. From mobile payments to blockchain applications, these sectors offer exciting opportunities for hi-tech jobs in Israel with high-paying careers.
Conclusion
Israel's job market presents a wealth of high-paying opportunities, particularly in the hi-tech sector. Professionals like data specialists, software engineers, and frontend and backend developers are in high demand, driving innovation and technological advancements.
Additionally, sectors like AI, big data, medtech, deep learning, cybersecurity, and fintech offer promising career prospects for those seeking to make an impact while enjoying competitive compensation packages.
Whether you're a local job seeker, an international talent or someone looking to break into the industry, exploring the highest paying jobs in Israel can lead you to a successful and fulfilling career path in the "Start-Up Nation." If you fall in the latter category, you might want to consider taking a course or bootcamp that can jumpstart your career in a lucrative industry.
Frequently Asked Questions
1. What is considered a good salary in Israel?
A good salary in Israel can vary based on factors such as the industry, job role, and location. The average salary in Israel as of February 2024 is NIS 12,840 a month. The average salary in the tech sector is around NIS 30,000.
2. How to get a job in Israel as a foreigner?
Securing a job in Israel as a foreigner may require networking, research, and obtaining necessary work permits and visas. Engaging with local job portals and professional networks can significantly enhance your chances of finding suitable employment. There are many companies in Israel that are looking to fill positions for roles suitable for English speakers or speakers of other languages.
3. How does one obtain a high-paying job in Israel?
Enrolling in an online bootcamp is a great way to learn new skills that can help you land a high paying job in Israel without previous technical experience.
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