Fight for Junior Talent in ETF Industry Drives 42% Surge in Pay
- Average bonus across industry makes up 68% of salary: survey
- Women, on average, were paid 16% less than men in the industry
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The global exchange-traded fund industry is willing to pay a premium for junior staffers.
While the average total compensation across the industry last year rose 10% to $265,000 from a year earlier, total compensation for analysts -- considered entry-level workers in the industry -- jumped by 42% to $87,000, according to a survey led by Blackwater Search & Advisory, a Europe-based ETF and digital assets recruiting firm.