Average wage steady in Q1 

IEC and Mekorot workers continue to earn the highest salaries. 

by Zeev Klein  
Globes
Jun 7, 2007 
 
The average gross salary of Israeli employees rose to NIS 7,861 in 
March 2007, a 4.8% annualized increase over February. However, 
the average salary during the first quarter rose by just 0.4%, 
compared with the preceding quarter. 

Israel Electric Corporation (IEC) and Mekorot National Water Company workers continue to receive the highest salaries - the average salary 
was NIS 18,598, 2.4 times the national average salary. The lowest 
average salary of NIS 3,772, was earned by accommodation and 
catering employees. 

More than 700,000 employees earned less than the minimum wage 
during the first quarter. This group included business services employees, 
with an average salary of NIS 3,133, and the sub-categories of cleaning, security and guard services (NIS 3,486), and cafe and restaurant 
employees (NIS 3,182) 

Published by Globes [online], Israel business news - www.globes.co.il