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  Sivan 20, 5768 , 23/06/08

High Tech Wages Soar in Terms of Dollars

The sinking shekel-dollar rate has made high technology wages in Israel almost on par with American counterparts when translated into dollars, Globes reported. Software engineers in Israel earn $68,000 a year after taking into account the more than 25 percent increase in the value of the shekel the past two years.

Americans doing the same work earn $76,000 a year, while pay for the same job in Russia is less than $18,000 a year.

Other archived news briefs:Jun 23 2008, 03:37 PM, 6/23/2008