How Are You Using Salary Surveys for Niche Sectors Like Mobile Apps and Water Tech?

Salary Surveys for Niche Sectors

I received requests for salary surveys in niche sectors such as mobile app product development and water technology. I am certain that there are even more niche sectors beyond these. Here's the Salary Survey 2012 as declared by Kelly Services. This report is not percentile-based but provides real-time information.

If you are revamping compensation in your firm, please share how this report seems relevant to you and what additional information you need to design your new compensation structure.

Source: http://www.italiaindia.com/images/up...guide-2011.pdf

Regards,

I request all our readers to participate in this salary survey and share if the available data could be implemented in the compensation restructure. Your experience and questions will contribute to building a better understanding for others.

Roadblocks Faced in Salary Surveys

Here are a few roadblocks I faced regarding the reference to any salary survey:

- Parity remained an internal exercise.
- Salary survey data was relevant for establishing a minimum-maximum range for any given role.
- Large firms could access the percentile report through Mercer.
- Smaller firms chose different techniques to calculate market corrections. One firm even had me collect data from interviewees who were employees of our competitors. Another firm I worked with obtained salary structures from recruitment consultants catering to other firms in the same domain.
- Budget and ranking were significant factors during the bell curve evaluation.

Please share the challenges you have faced or are facing during the compensation review.

Dear Vinay, interesting thought. Let's figure it out. Here's one report shared on Payscale. This includes MBAs hired in different roles from various institutions. Please let us know how relevant the data is for your compensation review.

MBA Salary Guide - 2012

http://www.payscale.com/research/IN/...n_(MBA)/Salary

Regards

Salary Guide for Managing Expats and Hiring MBA Graduates

Here's a salary guide for those who may have to manage expats and hire fresh MBA graduates from the talent pool worldwide.

Source: Salary Report - MBA 2012 Worldwide

Thank you for sharing your insights. I am responsible for hiring international candidates at Microsoft China. According to your report, we have found that the cost of IT talent in India is lower than in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shenzhen. We have recruited three Indian staff members to work in Guangzhou. Their total cost (salary, hotel, airline tickets) is similar to that of local staff.

Regards,
Jacobi Zhang

Hi Naboumita, is this report for 2012? Because in the report, it is mentioned that it is from 2011. Please help me understand. Thanks for your efforts.

Regards,
Jyoti

Dear Jyoti, This report shares the data on salaries across various roles and sectors during 2011. It has been studied until the beginning of this year, hence it is appropriately addressed as the Employment Outlook Survey 2011/2012. A study like this shows the existing trends, thereby supporting the review of compensation packages. Hope this answers your question.

Thanks, NAbomita. Very informative. Also, it would be great if someone could post the average salary increase percentage for the year 2012 for product-based companies in the IT sector.

Does anyone have a CAD/GIS industry salary survey report? I am requesting all of you to kindly share the information.

Regards,
Uma

Thank you very much for sharing this valuable information. Do you have the most updated salary/wage-related information for blue-collar workers in India, especially in the manufacturing industry? Thank you very much in advance.

Regards,
Seattle

Salary Details in the Real Estate Sector

Can anyone help with the salary details in the real estate sector across different metros? A detailed report would be helpful, covering positions from General Manager to trainee.

Best Wishes,
Swami Iyer

Can anyone share the salary survey and benchmarking for the social sector? The social sector also seems to be a niche sector.

Would you be able to guide me to independent salary survey consultants from Mumbai/Baroda or field professionals who conduct surveys? I am looking for a quick compensation survey of a unit in the western region.

Regards,
Krishnan