Skip to content
Wednesday, October 14, 2026
Investec Accountants
  • Business & Finance
  • Google Business
  • Business News
  • Business Plan
  • Business Ideas
  • Finance News
  • About Us
    • Privacy Policy
    • Contact Us
    • Advertise Here
    • Sitemap

Israeli universities to offer returning academics up to NIS 600,000

Posted on April 14, 2022 by Edna J. May

Table of Contents

Toggle
  • RELATED ARTICLES
    • Israel to bring foreign professionals to fill tech vacancies
    • Israel’s chip industry needs you

Israel will enable its universities to offer lecturers in high-demand disciplines an expanded absorption benefits basket worth up to NIS 600,000. The measure is in a new immigrant absorption plan agreed between Commissioner of Wages Kobi Bar-Natan and representatives of the universities. The aim of the plan is to persuade Israeli researchers to return to Israel to teach after doing post-doctoral research overseas.

Academic institutions in Israel currently suffer from a shortage of hundreds of senior faculty members in computer sciences, engineering, mathematics, and physics. There are enough Israeli professors and Phds to fill all the vacant positions, but about 1,600 of the best Israeli lecturers work in US universities.

Although the new plan is meant to solve Israel’s brain drain problem, there is a long way to go, as an Israeli lecturer at a top flight academic institution overseas can easily earn four times what he or she would earn in Israel, not to mention the research budgets they can command, making returning to Israel an unattractive prospect.

Furthermore, high salaries and good conditions in the technology industry overseas tempt both programmers and academics, which is why there has been a great deal of talk about an absorption benefits package for tech workers returning to Israel. Academics, however, unlike tech workers, have almost no choice but to fly abroad to do post-doctoral studies.

In order to obtain a teaching post at an Israeli university, young Phds need to gain experience at some highly rated academic institution overseas. In other words, the universities suffering from manpower shortages and offering “come home” grants are the ones that sent the Israeli lecturers abroad in the first place.

For years, the State of Israel financed an absorption benefits package for university lecturers amounting to a total of some NIS 50 million annually, and given to about 200 people. Up to now, however, the matter has not been clearly regulated, and the universities have had no definition of the people to whom it should be awarding grants. A situation has thus arisen in which almost all senior faculty members receive these financial benefits, and the absorption package has lost its purpose – to bring senior researchers back to Israel – and is also given to lecturers who would in any case be teaching in Israel.

Moreover, the universities currently pay lecturers a uniform amount, whether they are in high-demand fields such as computer sciences or in less pressured fields such as the humanities. The actual amount varies from one university to another, ranging from NIS 200,000 to NIS 300,000 for each lecturer.




RELATED ARTICLES




Foreign students at the Technion Photo: Technion

Israel to bring foreign professionals to fill tech vacancies


Israel’s chip industry needs you






Under the new model, details of which have reached “Globes”, the Ministry of Finance will encourage the universities to increase the absorption package for lecturers in the sciences, and reduce the amounts given to lecturers in other fields. The overall budget that the state allocates to the matter will not change, but the universities will be given flexibility in managing it in a way more akin to norms in the private sector.

Each university will need to choose one of three levels of grant awards. At the lowest level, smaller amounts will be awarded to larger numbers of lecturers, while conversely at the highest level the grants will be larger, but there will be fewer recipients. On the highest level, the average package will be worth NIS 250,000, but universities will be able to offer absorption packages worth NIS 600,000 to lecturers of high repute in high-demand disciplines, with the possibility of a top-up from the Ministry of Finance. A university that chooses this option will, however, have less money to offer other lecturers. The grant can be used for a variety of expenses, such as a car, children’s education, and so on.

Last August, the Ministry of Finance proposed a plan to the universities allowing even higher differentiation, with up to NIS 1 million for an individual lecturer. The universities’ representatives expressed reservations about this plan, fearing it would lead to the formation of different strata on campus, and after long negotiations the current plan was agreed between the sides.

Published by Globes, Israel business news – en.globes.co.il – on April 13, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.


Posted in Business NewsTagged "Women'S Business Casual, Amazon Fba Business, Atlanta Business Chronicle'S, Boss Baby Back In Business, Business Administration Degree, Business Attire Women, Business Card Design, Business Cards Templates, Business Casual Dress, Business Casual Outfits, Business Checking Account, Business Credit Card, Business For Sale Near Me, Business Intelligence Platform, Business Lawyer Near Me, Business Loan Calculator, Business Name Ideas, Business Professional Women, Business Spectrum Login, California Business Entity Search, Capital One Spark Business, Carl Weber'S The Family Business, Charlotte Business Journal, Custom Business Cards, Delaware Business Search, Fl Sos Business Search, Florida Business Search, Harvard Business Publishing, Insurance For Small Business, Kelley School Of Business, Maryland Business Express, Maryland Business Search", Moo Business Cards, National Business Furniture, New York Business Search, Ohio Business Gateway, Onedrive For Business, Online Business Ideas, Paramore Misery Business, Risky Business Cast, Small Business Insurance, Spectrum Business Customer Service, Tom Cruise Risky Business, Us Small Business Administration, Verizon Wireless Business, Verizon Wireless Business Login, Virtual Business Address, What Is Business Administration, Yelp Business Login, Yelp For Business

Post navigation

Previous: Branded Keywords 101
Next: VCs Reward Self-Presentation Over Qualifications

Related Posts

Why Your B2B Sales Strategy Should Include Inbound Marketing
  • Business News

Why Your B2B Sales Strategy Should Include Inbound Marketing

  • Edna J. May
  • January 19, 2024
  • 0

The B2B sales strategy you build will determine whether your strategic plans fully launch or fully fail. 

Critical Mention 2021 Recap
  • Business News

Critical Mention 2021 Recap

  • Edna J. May
  • October 14, 2022
  • 0

Crucial Mention’s Google Analytics integration permits buyers to: View and personalize Google Analytics web site metrics together with mentions in reviews to realize the effects […]

  • Business News

Ralph Rogge, CEO of Open-Banking Startup Crezco

  • Edna J. May
  • May 14, 2022
  • 0

Providing an online checkout for B2B businesses without the need for card-schemes like Visa or Mastercard. Crezco is a business-to-business open banking payments platform that makes […]

Categories

  • Business & Finance
  • Business Ideas
  • Business News
  • Business Plan
  • Finance News
  • Google Business

Archives

Recent Posts

  • How to Plan a Building Refurbishment Without Disrupting Occupants
  • Unlocking the Hidden Patterns: How Data-Driven Insights Transform Your Business Strategy
  • Crafting Your Roadmap to Success: A Unique Business Plan Blueprint for Aspiring Entrepreneurs
  • The Next Wave: Unleashing Business Innovation Through Disruptive Thinking
  • The Rise of the Silent Investor: How AI is Reshaping the Finance Market

BL

investecaccountants.com Theme: Press News By Adore Themes.

WhatsApp us