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Semiconductor industry

Israel's Top High-Tech Companies to Work For Revealed

Strategic Insights

— 1 min read

Intel Israel Ltd. has emerged as the best company to work for in Israel's high-tech industry, according to the BDI-Coface 2009 Best Companies to Work For in High Tech index. Hewlett Packard Israel Ltd. took the second spot, while IBM Israel Ltd. held on to its third-place ranking. The list highlights significant changes in the industry's job market, with employees prioritizing stability, salary, and options over start-up companies.

Key Takeaways:

  • Intel Israel Ltd. ranked first in the BDI-Coface 2009 Best Companies to Work For in High Tech index.
  • Hewlett Packard Israel Ltd. rose six places to second place, while IBM Israel Ltd. remained third.
  • Google Israel Ltd. dropped two places to fourth, while Motorola Israel jumped four places to fifth.
  • SAP Israel Ltd. ranked sixth, followed by Microsoft Israel Ltd. in seventh place, Elbit Systems Ltd. in eighth, and Amdocs Ltd. in ninth.
  • RAD Data Communications Ltd. climbed ten places to tenth, while Cisco Systems Israel Ltd. and Comverse Technology Inc. fell ten places to exit the top ten.
  • Taldor Group rose 15 places to 18th, while Cisco Systems Israel and Comverse fell 13 places to 16th and 17th, respectively.
  • AudioCodes Ltd. dropped 13 places to 40th following layoffs and salary cuts.
  • High-tech employees preferred multinational companies over start-ups, prioritizing job stability and options.
  • Companies that cut salaries during the economic crisis have not yet restored them to pre-crisis levels.
  • NICE Systems Ltd. ranked 12th, NDS Group Ltd. 28th, SanDisk Corporation 33rd, and Given Imaging Ltd. 48th.

Statistics:

  • 7.5 percentage point average pay cut among high-tech employees.
  • 40th: AudioCodes Ltd.'s ranking after significant drop.
  • 12th: NICE Systems Ltd.'s ranking.
  • 28th: NDS Group Ltd.'s ranking.
  • 33rd: SanDisk Corporation's ranking.
  • 48th: Given Imaging Ltd.'s ranking.

Sources:

  • BDI-Coface 2009 Best Companies to Work For in High Tech index.
  • Tehila Tamir-Yanai, BDI co-CEO (internal quote).
  • Globes, Tel Aviv, Israel (Copyright (c) 2009).
  • McClatchy-Tribune Information Services (Distributed by).
  • TICKER SYMBOL(S): NASDAQ-NMS:ESLT, NYSE:DOX, OTC-PINK:CMVT, NASDAQ-NMS:AUDC, NASDAQ-NMS:NICE, NASDAQ-NMS:SNDK, NASDAQ-NMS:GIVN.

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