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Israel Startups Face Massive Workforce Shortage in the 21st Century

BETA Tel Aviv
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Salaries for professional programmers and engineers in Israel have become most expensive in the recent time. The amounts are estimated to be twenty percent and twenty-five percent higher than UK and Germany respectively. The 2017 Innovation Authority annual report indicated that wage rate has increased by thirty-eight percent from 2005 to 2015. The country has put in place mechanism to attract more specialists since not all experts originate in Israel. The alternative strategy is to bring on board women, ultra-Orthodox Jews, and Arab Israelis into the workforce. BETA stakeholders such as Twiggle, WeWork; and Nexar do play a significant role in Israel economy. Suitable Tel Aviv’s beach, climate, forest cover, food, Dead Sea are among the appealing features in Israel.

According to the CEO of Nexar, Eran Shir, opportunity to work in Israel provides individuals with technological skills. Silicon Valley and San Francisco Israelites residents prefer to work in Israel due to healthier tech scene environment. These good entrepreneurship conditions pull people as far as from Ukraine, India, France South Africa and China. Launching of BETA as enabled ten companies to receive feedbacks everywhere after joining. The Nexar Company which intends to increase its workforce to sixty has received application all over from Australia to San Francisco. BETA companies pledge to provide competitive packages including $20,000 relocation bonus and annual flight trip home and back. Other benefits entail quick visa process, accommodation in Tel Aviv for the first 6 weeks among others.  Mr. Shir noted that Israel has established effort schemes of ensuring that foreign tech workers obtain Israel working visa with ease. The most conventional strategy currently is the use of online visa processing which takes less than 6 days.  The tech companies will only require an employee to have prerequisite skills since salaries in Israel are comparatively good.

The growth engine (Israel high-tech sector) is today facing an acute shortage of engineers as well as professional programmers. The problem has been intensified by students shying away from statistics, mathematics and computer studies. In Israel, there are about 100 new startups annually and over 300 international companies. The most famous international companies are Deutsche Telecom, Google, Bosch, and Apple which are all after talent. Israel very soon will consider taking acute shortage technicians overboard. The situation has been triggered by Microsoft and Amazon establishing their local research and development centres.  Tel Aviv tech scene is calling upon tech professionals’ designers, engineers and researchers from Ukraine, US, and Australia to join.

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Written by Denis Opudo

Am an engineer who's a tech blogger, hit me up on [email protected] and we base our discussion on technology in Africa and the rest of the world.
Denis the Tech guru

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