Israel is In Desperate Need for IT Specialists

Interior Minister Ayelet Shaked and Science and Technology Minister Orit Farkash-Hacohen are promoting a new plan to attract foreign technical workers to Israel, focusing on experts and students. The government aims to occupy 15% of the Israeli workforce in the IT sector by 2026.

According to the plan, the head of the employment service will be appointed to the Israel Innovation Authority, who will work with technology companies in three areas to fill existing vacancies.

• Foreign specialists will be issued work visas to work in Israeli technology companies. Experts will receive twice the salary than the average in the country, and the employer will be recognized by the Israeli Innovation Authority as a technology company. Visas will be issued according to a simplified scheme.
• Technical employees who are Jewish and have the right to immigrate to Israel in accordance with the Law on Return (Aliyah) will be offered simplified conditions of relocation and provided higher salaries. Thus, the state will motivate specialists to stay in the country.
• Three-year work visas will be issued to students who have studied technology subjects in Israel and want to stay and work in the field of information technology.

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The plan is mainly focused on talented employees, of whom there is a significant shortage in Israel, as well as on preventing brain drain abroad. This is an additional measure to other steps taken by ministers to increase the number of employees in this sector through tax benefits.

Earlier, the Central Bureau of Statistics has published that Israel's technology sector lacks 14,000 employees, 10,000 of them in the software sector. Many Israeli technology companies already use work visas for foreign experts to bring them to Israel, after proving that employees are experts in their field. The existing law provides for a partial solution to the problem, but it is far from filling the current deficit.

Source: Globes

Photo by Haley Black

Quoting conditions of Prian.info materials