JobInfo: 6.5% more employed in high-tech in last quarter 

"Jewish year 5764 marked the recovery of high-tech and 
the sector's emergence from recession." 

by Michal Raveh  
Globes 
September 23, 2004
 
JobInfo , a Fishman group subsidiary specializing in high-tech 
job placements, says Jewish year 5764 (September 2003- September 2004) 
marked the recovery of high-tech and the sector's emergence from 
recession. JobInfo says employment in high-tech rose by 6.5% in the 
last quarter. JobInfo CEO Daliah Diamant Krief said the recovery was 
still a far cry from the 2000 peak, but this was the year of emergence 
from the crisis. An analysis of the types of job placements handled 
by JobInfo, compared with the corresponding period last year, 
indicated a 12% increase in senior jobs, a 38% increase in jobs 
in communications, a 33% increase in software jobs, and a 48% increase 
in hardware jobs. 

JobInfo companies and candidates manager Ofra Afgin-Hadad said, 
"The number and type of jobs indicates that investors are again 
confident in start-ups, and that existing companies are reconsolidating, 
upgrading their products and developing new ones. 

"The number of companies seeking experienced candidates and specialists 
has risen sharply. Salaries of engineers and programmers has risen 
a modest 10%, after a long period of cuts and erosion." She said 
the pace of hiring and job placement was faster in the present 
climate, and that companies were investing more resources in 
keeping employees, in view of the market recovery. 

JobInfo's executive division, which specializes in headhunting and 
job placements for key personnel, said recruitment of directors, 
vice presidents and CEOs, especially in communications, was up. 
Demand for senior employees with technological backgrounds and 
business-marketing orientation was particularly prominent during 
the past year. After a long stagnation, demand for senior financial 
managers was also rising. 

Published by Globes [online] - www.globes.co.il