Average salary falls

The average salary of financial sector employees rose 20% in 
May to NIS 18,416.

by Zeev Klein 
Globes
August 7, 2006

The average gross salary of Israelis fell 1.5%, or NIS 108, 
in May 2006, compared with April, to NIS 7,428, according to 
Central Bureau of Statistics figures published today. 
The average salary fell 3.1%, or NIS 234, in April-May. 
36% of Israelis, 930,000 persons, earned an average gross 
salary of NIS 2,503, 66% less than the average national salary. 
181,000 earned an average gross salary of NIS 7,035. 
57% of Israelis, 1.4 million persons, earned an average gross 
salary of NIS 10,615. The average gross salary of 126,000 
Israeli with two jobs was NIS 7,810. 

Bank, insurance and financial institutions workers were the 
top paid employees, with an average gross salary of NIS 18,416 
in May, an increase of 20%, or NIS 3,000, compared with 
April. The increase was due to a one-time payment. 

Israel Electric Corporation (IEC) and Mekorot National Water 
Company employees were the second highest paid employees, 
with an average gross salary of NIS 16,555 in May, 20.5%, 
or NIS 4,282, less than in April. 

Civil servants and public sector employees were the third 
highest paid employees, with an average gross salary of 
NIS 10,866. Manufacturing workers were in fourth place, 
with an average gross salary of NIS 10,006. 

The lowest paid group of employees were in catering and 
accommodation workers, with an average salary of NIS 3,536, 
52% less than the average national salary. Agricultural workers 
earned an average gross salary of NIS 4,860, 35% of the 
average national salary. 

The average gross salary in May of community, social and 
personal services employees was NIS 5,009; education - NIS 5,567; 
health, welfare and nursing services - NIS 6,091; construction 
and earthworks - NIS 6,457; garages, wholesale and 
retail - NIS 6,513; business services - NIS 7,432; and 
transportation, warehousing and communications - NIS 8,604.