No Result
View All Result
  • Login
Sunday, March 29, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Herzliya tops wages ladder – Globes

by FeeOnlyNews.com
3 months ago
in Business
Reading Time: 3 mins read
A A
0
Herzliya tops wages ladder – Globes
Share on FacebookShare on TwitterShare on LInkedIn


The average gross monthly wage in Israel was NIS 15,098 in the first half of 2025, according to the National Insurance Institute’s (NII) wages report, published for the second time. In June, the last month for which there are data, the average wage was NIS 15,542 monthly. The NII report gives a different picture from the equivalent report by the Central Bureau of Statistics, and provides an insight into the ability of state agencies to provide accurate administrative data.

The NII examines actual data as filed by employers who report employee wages, as opposed to a survey. In addition, the NII can collate data relating to the same worker in different jobs, which is much harder for the Central Bureau of Statistics to do. Since the NII counts workers and not just jobs, the average wage figure that it produces is higher than that of the Central Bureau of Statistics, which was NIS 14,219 in June.

If, for example, a doctor works in a hospital, in a health fund, and in a private surgery, and earns NIS 10,000 monthly in each place, he or she will be counted at the Central Bureau of Statistics as three NIS 10,000 jobs, whereas the NII is able to tell that this is one worker earning NIS 30,000 monthly. And indeed, the average wage per job according to the NII is much closer to the average wage according to the Central Bureau of Statistics, at NIS 14,095 monthly in June. 9% of wage earners in Israel are employed in more than one job, and that is part of the explanation of the gap between the two agencies. The NII also publishes the median wage, which is NIS 10,586.

The average wage in the first half of 2024 according to the NII was NIS 14,655, which means that the NIS 15,098 figure for the first half of 2025 represents a 3% rise. In real terms, taking account of the rise in the Consumer Price Index between the two periods, the rise is just 0.7%. This finding is similar to that of the Central Bureau of Statistics, which even reported a year-on-year fall in wages in real terms in certain months. According to the latest Central Bureau of Statistics reports, however, real wages have reverted to rising, as inflation has declined. The CBS figures are more up-to-date, and are published in the middle of each month for the previous month.

Narrowing gaps

The median wage (that is, the wage that half the workers are above and half are below, a figure not supplied by the Central Bureau of Statistics) rose by slightly more in real terms between the first half of 2024 and the first half of 2025: 1%. This indicates that wage gaps are narrowing. The ratio of the mean average wage to the median average is one measure of inequality, and it has fallen in recent years. In the first half of 2023, the mean average was 43.7% higher than the median. In the first half of 2025, the gap fell to 43.1%, and in the first half of 2025 it fell a little further, to 42.6%. In other words, inequality in earnings has slightly declined in the past two years.





RELATED ARTICLES




Average wage in Israel rising faster than inflation






The gap in the first half of 2025 was, however, slightly higher than in the second half of 2024, which may be the result of the seasonal fluctuations in wages consistently shown in the Central Bureau of Statistics reports. The wage gap between men and women was narrower in the first half of 2025 than in the first half of 2024, but wider than in 2023.

Other notable gaps are between different large cities in Israel. The highest average gross monthly wage is in Herzliya, at NIS 22,951. Next come Ra’anana, Modi’in, Tel Aviv (NIS 22,359), and Kfar Sava. The large city with the lowest average monthly wage in Israel is Modi’in Ilit (NIS 8,161). Above it in ascending order are Rahat, Bnei Brak, Nazareth, Bet Shemesh, and Jerusalem (NIS 11,415).

The gathering of real data on wage-earners in Israel by the NII began during the Covid pandemic when the Central Bureau of Statistics was unable to carry out reliable surveys. The government introduced an obligation on employers to report wages to the NII. Now, in the light of the success of the move, the government seeks to expand the use of real data in a much more detailed way, on working hours, different occupations, and places of work, in order to formulate more precise labor market policy.

NII acting director general Zvi Cohen said on the publication of the repot, “Alongside the longest war in Israel’s history, the wage report figures indicate an active and growing labor market, and at the same time they highlight the deep social gaps that make long-term economic policy planning necessary.”

Published by Globes, Israel business news – en.globes.co.il – on December 21, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: GlobesHerzliyaladderTopswages
ShareTweetShare
Previous Post

Top 10 fastest wealth creators: Which stocks made investors richest the fastest in 5 years? Check here

Next Post

These 15 Coal Plants Would Have Retired. Then Came AI and Trump.

Related Posts

Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports

Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports

by FeeOnlyNews.com
March 29, 2026
0

The U.S. war on Iran set up Russia’s economy for a major rescue after oil prices soared after the closure...

Here’s What to Expect for Gold and Silver Mining Stocks as the Iran Conflict Continues

Here’s What to Expect for Gold and Silver Mining Stocks as the Iran Conflict Continues

by FeeOnlyNews.com
March 29, 2026
0

Sometimes the narrative and investor perceptions don't fit the reality. Investors are forced to realign the way they think about...

Rafael CEO: Iron Beam becoming operational

Rafael CEO: Iron Beam becoming operational

by FeeOnlyNews.com
March 29, 2026
0

Rafael Advanced Defense Systems CEO Yoav Tourgeman says that the Iron Beam laser interception system is still in the...

America has a workforce crisis. The solution is already here — and it’s being wasted

America has a workforce crisis. The solution is already here — and it’s being wasted

by FeeOnlyNews.com
March 29, 2026
0

In February, the U.S. economy lost 92,000 jobs. Unemployment rose to 4.4 %. Economists had expected modest growth. Instead, job...

ICC-Cal threatens legal action over Matmid-Isracard deal

ICC-Cal threatens legal action over Matmid-Isracard deal

by FeeOnlyNews.com
March 29, 2026
0

Is ICC-Cal (Israel Credit Cards) attempting to block the deal whereby Isracard will become the issuer of the credit...

US Stocks Markets | Lucrative bets that anticipated Trump’s policy surprises warrant scrutiny, experts say

US Stocks Markets | Lucrative bets that anticipated Trump’s policy surprises warrant scrutiny, experts say

by FeeOnlyNews.com
March 29, 2026
0

Well-timed trades ahead of U.S. President Donald Trump's major policy surprises during his second term have potentially led to millions...

Next Post
These 15 Coal Plants Would Have Retired. Then Came AI and Trump.

These 15 Coal Plants Would Have Retired. Then Came AI and Trump.

Team finds justification for taxing bank super-profits

Team finds justification for taxing bank super-profits

  • Trending
  • Comments
  • Latest
Judge orders SEC to release data behind B in WhatsApp fines

Judge orders SEC to release data behind $2B in WhatsApp fines

March 10, 2026
8 Cost-Cutting Moves Retirees Are Sharing Online in February

8 Cost-Cutting Moves Retirees Are Sharing Online in February

February 14, 2026
Easter Basket Ideas for Kids

Easter Basket Ideas for Kids

March 23, 2026
3 Grocery Chains That Give Seniors a “Gas Bonus” for Every  Spent

3 Grocery Chains That Give Seniors a “Gas Bonus” for Every $50 Spent

March 15, 2026
8 Procedures That Can Be Cheaper Without Insurance

8 Procedures That Can Be Cheaper Without Insurance

February 14, 2026
The 23 Largest Global Startup Funding Rounds of February 2026 – AlleyWatch

The 23 Largest Global Startup Funding Rounds of February 2026 – AlleyWatch

March 27, 2026
Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports

Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports

0
Bitcoin drops as Rubio privately signals Iran war may last weeks, locking in high oil prices

Bitcoin drops as Rubio privately signals Iran war may last weeks, locking in high oil prices

0
The Federal Weatherization Program That Replaces Windows, Insulation, and HVAC at No Cost

The Federal Weatherization Program That Replaces Windows, Insulation, and HVAC at No Cost

0
Corruption in the System | Mises Institute

Corruption in the System | Mises Institute

0
Carnival Corporation & plc (CCL) Reports Q1 Earnings

Carnival Corporation & plc (CCL) Reports Q1 Earnings

0
Rafael CEO: Iron Beam becoming operational

Rafael CEO: Iron Beam becoming operational

0
The Federal Weatherization Program That Replaces Windows, Insulation, and HVAC at No Cost

The Federal Weatherization Program That Replaces Windows, Insulation, and HVAC at No Cost

March 29, 2026
Bitcoin drops as Rubio privately signals Iran war may last weeks, locking in high oil prices

Bitcoin drops as Rubio privately signals Iran war may last weeks, locking in high oil prices

March 29, 2026
Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports

Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports

March 29, 2026
Here’s What to Expect for Gold and Silver Mining Stocks as the Iran Conflict Continues

Here’s What to Expect for Gold and Silver Mining Stocks as the Iran Conflict Continues

March 29, 2026
Rafael CEO: Iron Beam becoming operational

Rafael CEO: Iron Beam becoming operational

March 29, 2026
Top Wall Street analysts like these dividend stocks for solid returns

Top Wall Street analysts like these dividend stocks for solid returns

March 29, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The Federal Weatherization Program That Replaces Windows, Insulation, and HVAC at No Cost
  • Bitcoin drops as Rubio privately signals Iran war may last weeks, locking in high oil prices
  • Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.