Professional Vs Vocational Salary Report FY21

Key findings from the report:

The demand-supply gap in the vocational jobs market is expected to balloon to 41.4 – 61.4 million over the next 5 years causing salaries to rise further.

Salaries for select Hot Vocational Jobs such as Visual Merchandiser (Apparel) and Gemologist (Gems & Jewellery) have a clear lead, across experience levels, over those for Engineering and MBA jobs.

Beyond just higher salaries, Hot Vocational Jobs also make for better long term careers, compared with long-tail institution-based professional degrees.

Of the 10 sectors studied 6 are seen to reward hot vocational jobs better than, or almost as well as, Engineering and MBA jobs over a 15-year time period.