by Contributing Author
2024 was a tough and stressful year, but the economy – and business sentiment – has proved far more resilient than many expected. Top companies in Israel are busy figuring out how to grow and expand in 2025.
The 2024 Coface BDi Survey
A great hack for identifying the best companies to work for in Israel is to check out the annual CofaceBDi survey. The respected global credit insurer draws on its massive database of corporations to rank companies according to several criteria. If you want to aim high in your job search, start by looking for open positions in Coface-ranked companies. The 6 companies featured below are drawn from various sectors and all gained the top ratings in the CofaceBDi survey in their sector.
CofaceBDi: The 6 Best Companies to Work for in Israel
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1 Teva
#1 2024 CofaceBDi Survey pharmaceutical sector rating
Established in 1904, Pharmaceutical giant Teva is one of the few major Israeli companies that can claim to be older than the State itself. Teva doesn’t just produce life-saving medicines, it is also ranked by Time Magazine as one of the world’s 500 most sustainable corporations. What Teva offers employees is mentorship, tailored career development and the satisfaction of improving global health.
Some of Teva’s flagship projects include drugs to combat multiple sclerosis and Parkinson’s Disease, as well as a commitment to market affordable generic medications. Teva Israel provides competitive salaries and benefits, as well as a supportive work environment at its sites in Tel Aviv, Kfar Saba, Beer Sheva, and Shoham.
2 ICL Group
#1 2024 CofaceBDi Survey sector rating
ICL Group is a leading global specialty minerals company and one of the largest fertilizer manufacturers in the world. It’s also one of Israel’s biggest employers and is an economic powerhouse in the country’s Southern regions. ICL Group is one of Israel’s most forward-thinking employers. It operates the outstanding Thinking Doing community volunteer project and employee engagement initiatives like the revolutionary BIG program, which even Harvard University did a case study on, where every employee’s idea is important and can have an impact. The company also invests in various mentoring and training initiatives.
ICL Group is also focused on sustainability, environmental protection, and ending world hunger. Products like FruitMag™, a non-toxic fruit preservation liquid, and eqo.x a sustainable fertilizer, are making a real difference on a practical level. The company also invests in lifesaving products like next generation flame retardants and is contributing to global clean energy though it advanced battery materials.
3 Amdocs
#1 2024 CofaceBDi Survey software sector rating
Amdocs is a global software powerhouse with operations in Ra’anana, Sderot and Nazareth. The company offers exciting careers in high tech fields like AI, automation and 5G technologies. Amdocs invests in the professional development of its employees through its Tech path program and offers a structured career path for talented and ambitious people.
One of the great things about Amdocs is that it offers opportunities outside The Gush Dan high tech bubble. You don’t have to live in the Center to work with some of the top professionals in the high tech sector and earn a competitive salary. Amdocs offers all of these, plus a supportive and friendly environment that easily competes with the best workplaces in North America and Europe.
4 Tnuva
#1 2024 CofaceBDi Survey food and beverages sector rating
Too many jobseekers overlook Israel’s food sector. Tnuva is a famous Israeli company that began as a Kibbutz aligned milk and dairy cooperative. The modern international company is a major food tech innovator that advertises positions across Israel. Tnuva attracts people looking for stable opportunities in Israel’s periphery and combines attractive employee packages that include a good work-life balance.
Tnuva focuses on meaningful R&D and making a tangible contribution to national food security, but it’s a major company that recruits employees across the entire corporate spectrum. If you’re looking for a meaningful career in a vital industry, Tnuva is a great place to send your CV, especially if you’re looking for locally based employment outside the Center.
5 Elbit
#1 2024 CofaceBDi Survey electronics and aviation sector rating
2024 was a year of conflict that saw Israel fighting on multiple fronts. Defense companies like Elbit are playing a vital role in protecting our security, and also offer some excellent employment opportunities. Elbit has a global reputation for the quality of its unmanned aircraft and innovations in the fields of intelligence and battlefield surveillance. The company is one of the IDF’s most important suppliers.
Elbit offers employees a superb collaborative work environment, as well as competitive remuneration and a chance to work on some of the defense industry’s most advanced projects. Elbit isn’t just for scientists and programmers. You can also join its marketing or sales team, or sign up for an admin role, and know that you’re contributing to the defense of Israel on a daily basis!
6 Inmode
#1 2024 CofaceBDi medical tech sector rating
Inmode is another amazing company in the dynamic Israeli medical technologies sector. If you’re looking for a career in a company that makes a positive difference to peoples’ lives, Inmode is definitely worth researching. Inmode specializes in developing non-invasive aesthetic treatments, and invests heavily in research and development into products and procedures that can improve patient care.
The Israeli medical sector has a world-class reputation and is expected to keep on growing in synch with the country’s wider high tech and biotech sectors. Inmode offers its staff competitive salaries, benefits packages and a friendly and supportive working environment. The company has an international presence, so there may be opportunities to travel.
Conclusion
One thing is clear from the 2024 CofaceBDi survey: It pays to think outside the box when you plan your job search. There are some top quality Israeli companies in sectors that most people never consider and they are keen to recruit talented and motivated newcomers. The CofaceBDi survey ranks almost 300 companies, most of which offer competitive salaries and impactful career opportunities.