In this post in The marker we can see clear indications of salary trends in Israel. PWC Israel is cutting salaries by 5% to most of the team and 10% to senior management. In this post we can learn that 13,000 High Tech employees will be fired in 2009. In the third post we can learn that Israeli high tech companies are reducing relocation costs by reducing relocations in 70% from 750 to 200 per quarter … The cost of relocating an expat (200K$-300K$ per year is very high compared to hiring a local talent or a foreigner that is already based in the country you are looking to hire. In China you can hire a local foreigner for 24K$-60K$ per year. This is 3 to 10 times higher than the local average salary. In Meijob we have a great service for companies looking to recruit in China expats. We distribute expat CV’s for free to companies that will subscribe to this service. To signup click here.
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