Professionals in the venture capital, semiconductors and
management consulting industries command the highest salaries today, according
to premier job search and career portal HeadHonchos.com.
Professionals in these industries earn compensation that is
30-60 per cent higher, on average, than those who work in other industries.
Risk-taking capacity remains a key factor in determining
rewards, but compensation in industries like semiconductors is driven mainly by
the demand for super-specialized talent, the report which analyzed data for
around half a million middle management professionals with 6-35 years of
experience, said.
"The trends are a reflection of the growth of knowledge
industries like IT, semiconductors, finance and business services in the
economy," HeadHonchos.com CEO Uday Sodhi said.
Sodhi further added "there is a soaring premium for
exceptional talent and companies are prepared to pay. Professionals meeting the
troika of RSQ (Risk, Scarcity and Qualification) are being rewarded the
most."
Senior professionals working in the sectors like
infrastructure, oil & gas/petrochemicals, power/energy and investment
banking also emerged in the top ranks in terms of compensation packages,
followed by those who are working in industries like internet/e-commerce,
IT/technology-mobile/VAS applications and telecom/mobile operator.
Even within industries, there is a clear hierarchy in terms
of compensation. For example, under the umbrella of the IT industry, there are
clear differentials between those in specialized, talent-scarce areas like
semiconductor and in less specialized areas like quality assurance.
Similar trends are seen in the BFSI industry with private
equity and investment banking professionals receiving higher payouts than those
employed in retail banking.
