Gold-collar workers
Topic: Tertiary, Quaternary and Quinary Activities · NCERT: Class 12, Ch 6 "Tertiary and Quaternary Activities"
Meaning
Gold-collar workers are the top professionals of the quinary sector. This is the highest level of services, where people make big decisions and policies. These workers have rare skills and are very highly paid. They include senior business executives, government officials, research scientists, and financial and legal consultants. They are few in number, but their importance in the economy far exceeds their numbers. Their decisions shape what many other workers do.
Example
A chief executive who decides where a multinational company will invest is a gold-collar worker. So is a senior government official who frames economic policy.
Don't confuse with
- White-collar workers: they do ordinary office and professional work. Gold-collar workers are the small group at the very top, who make decisions and earn very high pay.