It can't be denied that earning a degree is a path-breaking step in life as it allows you to start new innings, enabling you in the process to get a job and throwing lots of career opportunities before you. Still, amidst these, some careers offer you a fortune, winning you the highest paying salaries. It will provide you with the highest wages and give you a lifetime of satisfaction, thereby making you a model in the process that others would like to emulate.
You can have these best-paying jobs in the fields such as healthcare, information technology, management, finance, engineering, and law. Professionals in these occupations earn the most simply because they have valuable skills—and employers in return pay a premium for them. But it's advisable to go for advanced education (which significantly increases your earning potential). Training, extensive work experience in the relevant field, and licensure is the icing on the cake.
According to the latest data, the careers that pay the highest salaries are listed below:
If you are on the lookout for a high-paying job that gives you a staggering sum: become a doctor. In the ranking of 20 highest paying occupations, physicians and surgeons hold 40% of the statistics. Diagnosis, treating illnesses in hospitals, urgent care facilities, group and individual medical practices are doctors' jobs. Prescribing medications, performing surgical operations, making referrals to specialists, performing medical assessments, and educating patients and their families are what physicians and surgeons seek.
Salary: According to reports, physicians earn a median wage equal to or greater than $208,000.
The role and scope of oral and maxillofacial surgeons have grown over the years. They treat a wide range of diseases, injuries and defects in and around the mouth and jaw. They are the ones who manage the problematic wisdom teeth, misaligned jaws, tumours and cysts of the jaw and mouth. They are experienced enough even to carry out dental implant surgery.
Salary: They earn a median wage of around $237,570.
They are the doctors who specialize in vaginal, ovarian, uterine, cervical reproductive health and childbirth and are generally known as obstetrician-gynaecologists or OB-GYNs. You will find the most successful OB-GYNs good at communicating information to patients regarding improving their health and their babies.
Salary: They earn a median wage equal to or more than $233,610.
In the last decades or so the cases of mental illness have grown at an alarming pace and the role of psychiatrists has become a force to reckon with. It is they who through their knowledge and expertise have arrived on the scene as saviours. It is not limited to treating mental health issues. Theirs is a field with a vast range of specialities, ranging from child and adolescent psychiatry to forensic (legal) psychiatry, addiction psychiatry, or consultation psychiatry, which occurs in a medical setting.
Salary: They earn a median wage equal to or more than $220,430.
Chief executives command high respect and represent the highest paid profession outside of the medical or dental fields. It's the CEO who takes all the critical decisions regarding the management team. As the highest-ranking employee of a company, his job includes steering the organization towards new markets or product areas and help to establish the interface with the board of directors.
Salary: They earn a median wage equal to or more than $193,850.
Though it may take a lot of time away from home, working in the Aviation Industry is a highly lucrative career that leads to a nice paycheck in many cases. Airline Pilots, Copilots, and Flight Engineers are often bracketed under the same category.
Salary: They earn a median salary of $147,220.
They oversee functions such as electronic data processing, information system, systems analysis and computer programming. Their job entails evaluating the IT needs of a business or government body and working with technical staff to implement computer systems that meet those objectives. Successful managers are expected to develop sound plans that gels with the goals of the organization. They are also supposed to motivate the employers who are under their supervision.
Salary: They earn a median wage equal to or more than $146,360.
Some judges preside over trials and hearings in a local, state, or federal courthouse. And at the local level, they can have a range of different titles. Still, judges serving in federal and state court systems, on the other hand, have titles such as 'district court Judge" and "general trial court judge" and preside over criminal or civil cases in their jurisdiction. Judges of their district court appoint magistrate judges, and they work within their federal system. Magistrates are not judges. Instead, they hold a ministerial role in some local and state courts.
Salary: Judges, Magistrate Judges, and Magistrates earn a median wage equal to or more than $136,910.
Even a non-specialist can understand that products and services don't sell themselves. It's the result of the skill, strategy, and plans of some talented professionals who analyze the demand and supply chain, finding ways to bring it to the market. And thus, is pricing determined by the marketing department that will maximize profit for the company. Demonstrating a blend of creativity and business acumen is a prerequisite for a successful marketing manager.
Salary: Marketing Managers earn a median wage equal to or more than $136,850.
With so many business establishments growing up, the importance of Finance Managers has grown in stature. Their responsibilities include planning financial activities and assessing marketing trends at the same time to maximize profits while controlling risks. They play a pivotal role to limit the company's exposure to financial or currency risk.
Though no shortage of careers promises better-paying jobs, here, an effort is made to apprise you of the highest paying jobs.