15 tech jobs in 2023: Winners, losers, salaries and employment trends
15 tech jobs in 2023: Winners, losers, salaries and employment trends
An analysis of salary shifts and job availability across 15 tech positions
The past year has seen a significant decline in available tech positions, accompanied by reduced starting salaries and prolonged job searches, according to data collected by recruitment firm Ethosia.
The data, spanning from August 2022 to August 2023, indicates a consistent decrease in Israel of at least one-third in the number of open junior tech roles. Moreover, starting salaries for junior positions have uniformly declined. Predictably, the job search duration has extended for all job categories, with most experiencing at least a twofold increase. These findings portray a shifting landscape in the tech job market, impacting both job availability and initial compensation.
See below a detailed breakdown of tech roles and how they have changed in Israel from August 2022-August 2023.
1. Front-end engineer
What: Front-end engineers are responsible for designing and implementing the user interface and user experience of a software application or website.
Number of open positions: The number of open positions has decreased from 580 to 92 by a staggering 84%.
Salary: The salary has significantly decreased from 20,000-23,000 NIS ($5,200-6,000) to 17,000-21,000 NIS ($4,470-5,522).
Job search duration: The job search duration has more than doubled from 5.5 to 12 weeks.
2. Back-end engineer
What: Back-end engineers focus on developing and maintaining the server-side logic, databases, and infrastructure that power software applications.
Number of open positions: The number of open positions has decreased by more than half from 292 to 141.
Salary: The salary has dropped significantly from 22,000-25,000 NIS ($5,792-6,582) to 19,000-21,000 NIS ($5,002-5,530).
Job search duration: The job search length has also nearly tripled from 3 to 8 weeks.
3. Real-time embedded engineer
What: Real-time embedded engineers specialize in designing, developing, and optimizing software and systems that control and interact with physical devices in real-time.
Number of open positions: The number of roles has decreased by more than half from 382 to 176.
Salary: The salary has decreased from 20,000-26,000 NIS ($5,267-6,847) to 18,000-23,000 NIS ($4,740-6,056).
Job search duration: The job search duration has doubled from 4.5 to 9 weeks.
4. DevOps engineer
What: DevOps engineers combine development and operations practices to facilitate the continuous integration, deployment, and management of software applications and systems.
Number of open positions: The number of roles has decreased by about a third from 510 to 340.
Salary: The salary has significantly decreased from 22,000-25,000 NIS ($5,792-6,582) to 18,000-20,000 NIS ($4,740-5,267).
Job search duration: The job search duration has increased less significantly from 5 to 6.5 weeks.
5. Hardware board design engineer
What: Hardware board design engineers create and design the physical circuit boards that contain electronic components for devices or systems.
Number of open positions: The number of open roles has decreased by more than half from 150 to 70.
Salary: Salary has only slightly decreased from 19,000-24,000 NIS ($5,002-6,319) to 18,000-23,000 NIS ($4,740-6,056).
Job search duration: The job search duration has doubled from 6.5 to 13 weeks.
6. ASIC hardware engineer
What: ASIC hardware engineers work on the design and development of Application-Specific Integrated Circuits, which are custom-designed integrated circuits for specific tasks.
Number of open positions: The number of open roles has decreased by more than half from 310 to 140.
Salary: The salary has decreased from 24,000-29,000 NIS ($6,319-7,637) to 22,000-28,000 NIS ($5,792-7373). However, it still remains the highest salary along with verification engineers.
Job search duration: The job search duration has nearly doubled from 5 to 9 weeks.
7. RF engineer
What: RF (radio frequency) engineers focus on designing, optimizing, and maintaining wireless communication systems and components that operate in the radio frequency spectrum.
Number of open positions: The number of open roles has decreased by nearly 50% from 102 to 58.
Salary: The salary has decreased from 20,000-24,000 NIS ($5,267-6,319) to 18,000-23,000 NIS ($4,740-6,056).
Job search duration: The job search duration has ballooned from 5.5 to 14 weeks.
8. Verification engineer
What: Verification engineers ensure the effectiveness and functionality of hardware or software products through testing, simulations, and analysis.
Number of open positions: The number of open roles has significantly decreased by more than two thirds from 260 to 82.
Salary: The salary has decreased from 24,000-29,000 NIS ($6,319-7,637) to 22,000-28,000 NIS ($5,792-7373). However, it still remains the highest salary along with ASIC engineers.
Job search duration: The job search duration has only slightly increased from 5 to 7 weeks.
9. Mechanical engineer
What: Mechanical engineers design, analyze, and develop mechanical systems and devices, considering factors like materials, physics, and manufacturing processes.
Number of open positions: The number of open roles has decreased by nearly half from 132 to 68.
Salary: The salary has only slightly decreased from 16,000-19,000 NIS ($4,213-5,003) to 15,000-18,000 NIS ($3,949-4,739).
Job search duration: The job search duration has increased from 6.5 to 10 weeks.
10. Test automation engineer
What: Test automation engineers are software developers who design and write programs that run automated tests on new or existing software.
Number of open positions: The number of open roles has decreased by nearly half from 152 to 84.
Salary: The salary has decreased from 12,000-15,000 NIS ($3,159-3,949) to 10,000-13,000 NIS ($2,633-3,423) - the lowest salary reported.
Job search duration: The job search duration has nearly tripled from 5 to 13 weeks.
11. Data engineer
What: Data engineers are responsible for designing, maintaining, and optimizing data infrastructure for data collection, management, transformation, and access.
Number of open positions: The number of open roles has decreased by nearly 50% from 192 to 102.
Salary: The salary has decreased from 19,000-23,000 NIS ($5,002-6,056) to 17,000-18,000 NIS ($4,476-4,740).
Job search duration: The job search duration has tripled from 4 to 12 weeks.
12. Algorithm engineer
What: Algorithm engineers design and develop algorithms, which are step-by-step procedures for solving specific problems or performing tasks in software development and other fields.
Number of open positions: The number of open roles has decreased by nearly two thirds from 152 to 58.
Salary: The salary has decreased from 22,000-25,000 NIS ($5,792-6,581) to 21,000-23,000 NIS ($5,528-6,055).
Job search duration: The job search duration has more than doubled from 5 to 12 weeks.
13. Chemical engineer
What: Chemical engineers apply chemistry, physics, and engineering to design, develop, and optimize processes for the production of chemicals, materials, and energy.
Number of open positions: In an anomaly, the number of roles for chemical engineers alone has increased by 28% from 320 to 410.
Salary: The salary has decreased from 15,000-16,000 NIS ($3,949-4,212) to 14,000-15,000 NIS ($3,685-3,949) and is the lowest salary reported after that of test automation engineers.
Job search duration: The job search duration has ballooned from 9 to 21 weeks - the longest length of time reported.
14. Systems engineer
What: Systems engineers manage and coordinate complex projects, considering both the technical and organizational aspects to ensure all components work together seamlessly.
Number of open positions: The number of open roles has decreased by more than a third from 96 to 62.
Salary: The salary has decreased from 23,000-25,000 NIS ($6,055-6,581) to 20,000-23,000 NIS ($5,264-6,055).
Job search duration: The job search duration has doubled from 6 to 12 weeks.
15. Product manager
What: Product managers oversee the development and lifecycle of a product, from conception to launch and beyond, aligning business goals, user needs, and technical feasibility.
Number of open positions: The number of open roles has decreased by nearly half from 250 to 132.
Salary: The salary has significantly decreased from 23,000-25,000 NIS ($6,055-6,581) to 18,000-22,000 NIS ($4,740-5,790).
Job search duration: The job search duration has increased from 6.5 to 9 weeks.
