Manufacturing salaries average NIS 10,760

The Manufacturers Association of Israel reported on Tuesday that salaries in the country's manufacturing sector are now NIS10,760 a month, on average, an increase of some 4.1% above those during the same period last year.

By MATTHEW KRIEGER
July 11, 2007 08:39

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The Manufacturers Association of Israel reported on Tuesday that salaries in the country's manufacturing sector are now NIS 10,760 a month, on average, an increase of some 4.1 percent above those during the same period last year. Additionally, said Yair Rothlevy, chairman of the Association's work committee, manufacturing employees' salaries in the first quarter were approximately 40% higher than the average market salary, and overall in 2007, salaries in Israel's manufacturing sector have jumped 3% above last year's figures. "There are a few significant reasons behind this increase," said Rothlevy, "including the raising of the minimum wage by some 7.5% above last year, the significant increase of salary levels in the manufacturing sector and a jump in the number of manufacturing employees, especially in the hi-tech sector." According to the Association, the highest employee salaries in the manufacturing sector during the first quarter were those of workers in the communications equipment manufacturing field, taking home an average of NIS 20,267, while the lowest manufacturing sector salaries belonged to workers in the shoe industry, with average monthly salaries of NIS 5,740.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS