The best-paying jobs of 2020 from U S. News and World Report

the most paying job

U.S. income data shows that several factors influence salaries, including college major, industry, race and gender. Diving into the data reveals a complex relationship between education, income and employment. One of the frequently asked questions from people is ‘What are some of the highest-paying jobs in the world. Whilst it is difficult to put a hard marker down on this as most leading job sites will differ on the average annual salary, the one that the most paying job most job boards say is the highest paying average annual salary is that of a Cardiologist, earning a whopping $324,760 per annum. Becoming proficient in financial modeling and analysis tools, spreadsheet software (such as Microsoft Excel), and data visualization tools. Pursuing relevant certifications, such as the Chartered Financial Analyst (CFA) or Financial Modeling and Valuation Analyst (FMVA), to enhance your credentials and demonstrate expertise.

the most paying job

Chief executives (also known as chief executive officers, or CEOs) lead companies. As the highest-ranking office in the company, a chief executive role comes with a lot of responsibilities. Not only do CEOs oversee the operations of the company, but they’re also responsible for setting its mission and vision and making the big, strategic decisions (whether that’s deciding to expand into new markets, launch a new product, or build out the team). Chief executives are also often responsible for communicating on behalf of the company—whether that’s with the public, the press, shareholders, or the company’s board of directors. Now, a new ranking from US News & World Report shows just which jobs are the most lucrative, all of which pay more than $100,000 a year.

#29. Compensation and benefits managers

Petroleum engineers are in charge of extracting oil and gas from below the Earth’s surface. These engineers design specialized equipment and inventive ways to inject water, gases, steam, or chemicals into an oil reserve to push out more oil or gas. To become a petroleum engineer, one usually earns a bachelor’s degree in engineering, sometimes followed by obtaining a professional engineering license.

the most paying job

Earning a degree is a smart first step since high-earning jobs often require a college degree. It’s important to note that the specific skills needed can vary based on the industry, job role, and regional demand. Additionally, a combination of technical and soft skills is often ideal for career success.

Social and community service managers

A doctorate degree is usually a prerequisite for roles in this field, along with coursework in math and English. In power plant operations, distributors and dispatchers are in charge of systems that generate electric power and distribute it. Construction managers do more than supervise projects; they are also in charge of budgeting, explaining contracts, and selecting subcontractors to work on specific assignments. Although most construction managers have a bachelor’s degree, there is a lot of on-the-job training that comes with working in this field.

During residency, gain hands-on experience in various aspects of gynecology and obstetrics, including prenatal care, labor and delivery, gynecological surgeries, and reproductive health. Seeking board certification in obstetrics and gynecology by passing the relevant examinations offered by the American Board of Obstetrics and Gynecology (ABOG) or the American Osteopathic Board of Obstetrics and Gynecology (AOBOG). The average annual salary for a Petroleum Engineer in the US is $130,523 and according to the bureau of labor statistics is one of the top 25 highest paying jobs. Although some of the jobs on this list require only an undergraduate degree, the reality is that it’s increasingly more difficult to land a coveted position when competing against job candidates with higher-level degrees. Skills-based hiring opens up opportunities to workers who have learned skills in programs like apprenticeships and other training programs rather than relying solely on two or four-year college degree requirements. The Biden-Harris Administration has prioritized expanding registered apprenticeships and has invested $440 million in related programs.

Average Salary: $381,500

It’s one of the highest paying careers in the world and comes with a lot of perks. 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.

You’ll need to pick an area of interest to specialise in and then do the required work to be able to practice as a professional surgeon. As we’ve seen with other professions in dentistry, the pay off is well worth your time if you can qualify. To achieve Orthodontists status, you’ll need to first complete a dental degree and then enrol and complete a postgraduate Orthodontist program.

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