Israeli tech workers cost 2.4 times more than Eastern European counterparts, report finds
By
ASSAF GILEAD/GLOBES/TNS
Summary
The article reports that Israel's 400,000 tech employees are 2.4 times more expensive than their counterparts in Eastern European countries like Poland, Lithuania, Romania, and Ukraine. While Israeli tech workers have long been costly globally (second only to Silicon Valley), tech giants have historically been willing to pay a premium. The piece analyzes the cost dynamics of Israel's tech labor market in comparison to other global tech hubs.
Source
bskyIsraeli tech workers cost 2.4 times more than Eastern European counterparts, report findsjpost.comKey quotes
· 3 pulledIsrael's 400,000 tech employees have for some years been expensive in global terms, with their cost second only to that of Silicon Valley.
Tech workers in Israel are currently 2.4 times more expensive than their counterparts in Poland, Lithuania, Romania, and Ukraine.
The tech giants preferred to pay dearly for the Israeli worker.
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