Grove Ventures’ HR Director Neta Geva Featured in TheMarker on High-Tech Employment Trends
Spotlight on the High-Tech Employment Landscape
Neta Geva, HR Director at Grove Ventures, was recently featured in TheMarker to share her perspective on the current employment situation in Israel’s high-tech industry.
After several years of slowed growth, hiring freezes, and ongoing global and regional challenges, the tech sector is showing early signs of change. While layoffs continue across some segments, new data reveals a rise in voluntary turnover, modest salary increases, and a cautious return to active hiring.
From Slowdown to Signs of Renewal
According to TheMarker’s analysis of data from hundreds of companies, three trends are particularly noteworthy:
- Voluntary turnover has increased to 4.4%: a level not seen since 2022, suggesting greater employee confidence and mobility.
- Average salaries rose by 4% over the past year, signaling stabilization.
- Companies are beginning to cautiously reopen hiring pipelines, pointing to a slow but visible rebound.
Grove Ventures’ Perspective
In her interview, Neta highlighted the real-world signs of recovery reflected in Grove Ventures’ portfolio companies:
“The best evidence is in the numbers,” Geva noted. “Across our portfolio, there are currently about 150 open positions across a wide variety of roles, from R&D, Data/ML, and Product, to Marketing, Sales, Finance, and Operations—both in Israel and internationally.”
She also discussed how the structure of the workforce is evolving, as companies adapt to the demands of efficiency, agility, and global competitiveness.
The Future of Tech Employment
While the pace of recovery may not match the rapid growth seen after the COVID-19 crisis, the trends suggest that Israel’s tech sector is gradually moving toward a more balanced, resilient employment environment.