most paid occupations

Health care jobs are expected to grow 15% from 2019 to 2029—that comes out to 2.4 million new jobs—which is much faster than the average for all occupations, according to data from the U.S. In fact, in 2018, health care was the largest source of jobs in the U.S. for the first time in history. Salaries for the highest-paying jobs largely depend on your specialty, experience level, and where in the country you’re employed. Software Engineers have base salaries in the $200-$250K range all the time and get 15-30% bonuses on top of that. Most companies also provide stock options, equity, RSUs and benefits like 401K matching, paid insurances of every kind, paid vacations, unlimited PTO, free gym memberships, free lunches, etc., etc. Salary averages for guys in tech are very misleading and make it seem like they make far less than what they do.

most paid occupations

If you are going for the patent, then it will fetch you, even more, every year. These software developers are the people, who are responsible for designing computer programs. IT Managers are paid well because they’re highly in demand at the time of writing this article. Technology moves so quickly and updates are constant, that companies need highly skilled professionals to manage these processes and make sure everything goes to plan with a hitch. As well as a nice annual salary and benefits package, good marketing managers can also receive commissions and bonuses based on sales targets or revenue. A clinical social worker should have a master’s degree and be certified as a Licensed Clinical Social Worker , and will usually work in a hospital, rehabilitation facility, or some similar place.

A good salesperson is hard to find, but a good sales manager is even tougher – someone with the skills to be a top salesperson on their own, but with the interpersonal and managerial skills to lead a team of salespeople. A good sales manager brings out the best in their team, finding and hiring the right people and motivating them to higher goals.

They may be independently employed or work for the government or a university, and because of their expertise, many economists also author books, papers, and articles on economics. The majority of economists have an advanced degree (a master’s or more typically a PhD), but some entry-level positions are available with a bachelor’s degree. Before we jump into a few of the lower-stress careers that pay well, let’s quickly cover how we’re defining those terms—and how to best most paid occupations make sense of the data. How can you be certain if one of the many promising jobs in tech is right for you? However, certain characteristics lead to a successful (and happy!) career in technology. If you enjoy technology and have a strong knack for computer operations and networks, a technology career provides a great future. While some believe oil and natural gas are on their way out, making room for other energy sources, there is still a hearty demand for this resource.

In this post, you’ll discover some of the fastest growing and highest paying careers in demand for the future. Well, there are many remarkable careers that can give you the financial stability and peace-of-mind you’re looking for. Those wanting to become a pharmacist must complete a Doctor of Pharmacy (Pharm.D.) degree to practice, which can be completed after a bachelor’s degree or after a couple of years of undergraduate study.

Salary expectations for a high school teacher differ based on your state and your work experience. According to the Bureau of Labor Statistics, the median income for a high school teacher is $60,320 per year. The salary range for high school teachers is between $39,700 and $97,500 per year. When you are looking into the best careers in education, you may consider an instructional coordinator. The position focuses on setting the standards for curriculum and teaching within a district. As an instructional coordinator, you work with principals and teachers to implement the curriculum and then you assess the effectiveness of the curriculum. An instructional coordinator has a master’s degree or higher with at least five years of work experience in an administrative or education position.

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A typical office-environment work day for an economist includes gathering data, performing various analyses, and developing solutions or offering advice in response to findings. As professionals in one of the broadest engineering fields, mechanical engineers may work on anything from the production of new batteries, to the design of elevators, to the manufacture of internal combustion engines. Mechanical engineers utilize their advanced knowledge of mechanics, thermal devices, and machines to analyze and solve problems. Specialized occupations include auto research engineers, heating and cooling systems engineers, and robotics engineers. Mechanical engineers work in office environments with travel to on-site locations as their job demands, frequently working on teams with other engineers, completing tasks using computers and other hands-on equipment.

Construction management requires extensive knowledge of building and safety codes, legal regulations, contract interpretation, management and leadership. Check out the highest-paying medical jobs below to see if a career in health care is for you. If you’ve got your eyes on big money, you should know that securing one of the highest-paying jobs in America is not easy—but it’s definitely possible. After all, you’ve made it this far, completed your education and certifications, and now you need to get in front of hiring managers.

most paid occupations

Besides a lot of study and several years of higher education, it’s a job that very few people really have the mind for. For those who can do the math, an actuary is one of the best jobs out there for job security, workload, and pay rate. Since it’s a challenging ledger account niche, there are never enough actuaries, meaning a well-trained actuary can pretty much write their own ticket. When you want to work in education, taking on the role of a high school teacher allows you to advance in your career and earn a reasonable income.

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In addition to that, administering medicine, performing diagnostic tasks, and teaching people how to manage injury and illness, will also be part of your daily routine. None of the careers listed here are vulnerable to automation, outsourcing, pandemics, or recessions.

Doctors and dentists are valuable professionals throughout the entire world. Health is seen as one of the most important factors of having high wellbeing in any country.

most paid occupations

In some colleges or universities, a professor may also take on research and laboratory work that leads to new discoveries or updated details into an area of study. Professors may also publish their work in professional journals or books. A professor needs a minimum of a master’s degree to qualify for a teaching position; however, many schools may also require professors to obtain a doctorate before they qualify for a full-time position. The highest paid occupation in construction is Chief Executive Officers with half of CEOs making over $176,160 per year. Lawyers working in construction are next on the list with the median wages of $146,150 and the top 25 percent on the pay scale earning over $201,000 annually.

Information Technology Managers

These days, you’re far more likely to see a nurse practitioner than an MD when you go to your family clinic, and that’s a good thing. Most of the time, an NP can do anything a doctor can do, having learned most of the specialized knowledge that doctors learn, but they also have the hands-on experience and expertise – and bedside manner – of a nurse. In fact, in half of the US, nurse practitioners don’t even need the supervision of a doctor.

  • Check out the full list of highest-paying jobs below to see if applying to one of these jobs would be worth your while.
  • An HR manager is the professional who coordinates and administers company compensation and benefits packages.
  • Technology is integral in nearly every industry in the country, including agriculture, transportation, journalism, entertainment, real estate, and manufacturing.
  • One limitation of the data is that BLS reports salaries in ranges that, during the period included in the U.S.
  • But you can avoid that by researching future employment opportunities – especially for your current job.

These are the professionals that deal directly with physical computer components, such as processors, circuit boards, memory chips, and routers. They are engineers, so they deal with the physical nature of technology and may be tasked with creating new hardware that is more efficient or effective. They may also update current hardware to meet the advanced needs of evolving software. First of all, technology, at least right now, are the pinnacle of research, development, and creative thought in the country, if not the world. While traditional sciences such as medicine and engineering certainly hold a share of innovation, no other field seems to give you the opportunity, or the downright encouragement, to create something new. The training of employees at large companies and organizations can be such a major task that they often hire someone completely dedicated to this responsibility.

Because of that, medical occupations are the top paid degrees in Germany. After students graduate from a university in Germany, finding a job is relatively easy. The education system is strong and provides students with skills that gets them employed immediately. In fact, graduate unemployment is only 2.3%, the lowest on the continent of Europe.

If controllers weren’t in command, there would be total chaos because they direct the comings and goings of airplanes, authorize arrivals and departures, and advise on flight path changes, if any. Their other vital functions include advising pilots on the weather, visibility, and nearby aircraft. Movie stars and random celebrities who make it on Youtube earn millions from using their talent but they don’t make it to our list owing to the irregular nature of their jobs. The highest earners lead blue-chip companies or have specialized in their professions to make them indispensable in what they do. Just like surgeons, anaesthesiologists are trained physicians who specialise in perioperative care.

Nuclear Engineers

Here is a visualization of the degrees and their salaries, while below there are also descriptions of what each degree means. This is one of the most important factors taking into account the increasing education fees in other countries such as the U.S and the U.K. Recently, some universities want to introduce tuition fees for international students, but they will be quite low in comparison to other study destinations. Most students who want to study abroad and away from their home countries think about going to the United Kingdom or the Unites States .

Average Salary: $141,890

An IT manager’s main role is to protect office networks from hackers and malware, maintain software and hardware through regular upgrades, and resolve any technical issues that may arise. This is a rather competitive job, with roles usually available in computer companies and component manufacturers. At entry-level, positions require an accredited bachelor’s degree in computer science or electrical engineering, while bigger firms might also require a master’s degree. Anesthesiologists—for whom BLS reported a median salary of at least $208,000—topped the rankings. Although BLS reported the same median salary for several other medical professions, those jobs didn’t score as well by other measures, such as number of projected jobs and unemployment rate, according to U.S. Because every industry, every city, and nearly every company needs some form of information technology services, there are technology careers no matter where you live or what your specific expertise.

Until the 1960s, college graduation rates were higher for men than women. Men’s graduation rates have since hit a plateau, hovering around 30 percent, while now some 40 percent of millennial women are graduating college. This information may be different than what you see when you visit a financial institution, service provider retained earnings or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly.

Top 10 Highest Paying Jobs Based On Annual Gross Income: What Career Is Worth Pursuing?

While database administrators do not actually create software, they use specialized technology to store, organize, and implement data. One of their primary tasks in making sure data is available to the people who need it, which can include CEOs, government officials, entry-level employees, and sales staff. The type of data that a database administrator works with is commonly financial and customer records. For example, a database administrator may work with and maintain a database to ensure sales rep can easily reference a customer’s previous orders, budget, and purchase patterns. Allowing sales staff to reference this data is an organized and clear fashion is the responsibility of a database administrator.

The highly specialized – as well as rather risky – nature of the job means that radiation therapists and nuclear medicine technologists must be exceptionally well-trained. The job also carries its fair share of stress and difficulty, so they are generally well-paid, well above average for other jobs of the same education level. In the information age, one of the greatest dangers to businesses, governments, and individuals is cybercrime.

In their day to day roles, they’ll also supervise any software or hardware upgrades, as well as troubleshoot any technical issues. Nine of the top-paying jobs, all of which exceed six-figure salaries, require just a bachelor’s degree.

Author: Matt Laslo

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