Israeli Hi-Tech Growing Too Fast for Skilled Workers

The hi-tech industry in Israel is growing so fast that the population can hardly keep up with the job market. With all the successes of Israeli technology companies, it should not be overlooked that it is individuals who achieve these successes.

Employees move a company forward with their ideas and commitment. Successful companies invest in their workers, but now the hi-tech industry seems to be reaching the limits of its human resources. Despite all the expansion, the number of skilled workers in this area is stagnating.

Fortunately, there are two groups in the country that can be drawn into the technology sector, namely the Arab and Orthodox populations. Both are underrepresented in hi-tech. Adequate training is now being offered to hopefully meet the demand for skilled workers soon. With this in mind, the Israeli Innovation Agency has launched a program to support retraining citizens in these sectors. Private hi-tech companies receive government support when they hire and train workers who have previously worked in other areas.