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17 Jobs that Make a Lot of Money (+ exact salary numbers)

December 27, 2023
in Personal Finance
Reading Time: 8 mins read
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17 Jobs that Make a Lot of Money (+ exact salary numbers)

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1. Accountant

Among the finest jobs that makes some huge cash and is steady, is an accountant. An accountant performs monetary calculations for people, small companies, and huge firms. 

Accountants should know how you can look at and put together a wide range of monetary reporting types, serving to clients or companies stay in compliance with accounting guidelines and legal guidelines. 

Accountants could must work lengthy hours at sure occasions of the yr, resembling throughout tax calculation time.

Necessities: Bachelor’s diploma, grasp’s diploma for highest paying jobs, some licensing and certificationCommon annual wage: $70,500Prime annual earners: $500,000 plusThe draw back: Among the work is fairly boring. It’s additionally uncommon to succeed in a seven-figure wage in comparison with different jobs on our checklist

Man writing on paper

2. Enterprise Government

A enterprise govt might maintain a mess of jobs at an organization, together with CEO, CFO, or COO. A founding father of a enterprise might find yourself being a CEO as a result of she or he is aware of the business and the enterprise. 

However, somebody with a proper enterprise diploma and enterprise coaching might transfer into an govt position to assist any enterprise run extra effectively and profitably. With bonuses included, enterprise executives can earn large annual salaries.

Necessities: Bachelor’s diploma, grasp’s diploma for highest paying jobs, on-the-job coachingCommon annual wage: $104,980Prime annual earners: $5 million plusThe draw back: These are usually high-stress jobs which will require a long time or extra to succeed in a profitable enterprise govt place

3. Laptop System and IT Supervisor

A pc system supervisor or IT supervisor will oversee all computer-related programs and processes in an organization or group. 

This may embody issues like planning out {hardware} purchases, putting in computing software program, managing a community, and performing troubleshooting. 

IT managers want fairly a little bit of schooling, together with ongoing schooling, to remain updated on new strategies and tech merchandise.

Necessities: Bachelor’s diploma or grasp’s diploma, ongoing schoolingCommon annual wage: $142,530Prime annual earners: $500,000 plusThe draw back: Can require lengthy working hours, in depth schooling, and uncommon to succeed in a seven-figure wage

4. Engineer

Engineers can design issues like plane, vehicles, boats, spacecraft, satellites, massive buildings, bridges, computer systems, and infrastructure. Chemical engineers will work with gasoline and medicines to unravel issues in the usage of these substances. Different forms of engineers could attempt to remedy environmental issues or assist individuals carry out jobs extra effectively and safely. Engineers depend on math, physics, biology, and chemistry to carry out their work.

Necessities: Bachelor’s diploma, grasp’s diploma for highest paying jobs, on-the-job coachingCommon annual wage: $80,170Prime annual earners: $500,000 plusThe draw back: Requires a excessive stage of mathematical capacity, uncommon to succeed in a seven-figure wage on this career versus others on our checklist

5. Chiropractor

A chiropractor cares for sufferers with well being issues associated to the neuromusculoskeletal system, together with the backbone. Chiropractors present specialised remedy that doesn’t embody treatment or surgical procedure, however they nonetheless depend on medical-based assessments with a purpose to devise and administer the precise set of therapies. 

Necessities: Bachelor’s diploma, Physician of Chiropractic diploma, should move each nationwide board and state-level assessments to acquire a licenseCommon annual wage: $154,245Prime annual earners: $265,000 plusThe draw back: Not like therapy from a medical physician, some chiropractic remedies aren’t coated by conventional employer-sponsored insurance coverage, requiring the affected person to pay out of pocket. This limits the affected person base, doubtlessly making it tough to construct a follow

6. Scientific Psychologist

Scientific psychologists present psychological evaluations and assessments, session, remedy, and follow-up. Whereas they can not prescribe treatment, scientific psychologists nonetheless present invaluable steerage. 

Scientific psychologists can work independently in their very own personal follow or they will work for medical clinics, hospitals, non-profit organizations, or authorities entities (such because the VA). 

Scientific psychologists may even be employed by firms because the in-house psychologist serving to workers (maybe with stress administration) or as organizational psychologists figuring out methods to extend each effectivity and satisfaction within the office.

Necessities: Bachelor’s diploma, grasp’s diploma, and certifications primarily based on business or specializationCommon annual wage: $79,000Prime annual earners: $98,000The draw back: When you is likely to be serving to individuals and households via annoying occasions, which may be very rewarding, the job itself carries quite a lot of stress

7. Development Supervisor

A development supervisor oversees facility design, scheduling, vendor administration, and constructing development to make sure that the venture will probably be accomplished on time and below funds and can meet the wants of the shopper, company, or investor. 

The bigger and extra advanced the development venture, the bigger the accountability and due to this fact, the upper the wage.

Development has develop into extra advanced through the years. Buildings want to include the newest applied sciences with a purpose to develop into extra clever and environment friendly, oftentimes by business regulation or municipal ordinance. 

This has solely added to the information base required of development managers as they typically want to pick out and juggle tons of of distributors directly whereas retaining the best requirements of compliance. 

Necessities: Bachelor’s diploma, plus at the very least 3 years of expertise within the development businessCommon annual wage: $120,900Prime annual earners: $154,00 plusThe draw back: Employment may be iffy for the time being. Massive-scale development tasks have stalled below the pandemic, with uncertainty as to when tenants and budgets will return

8. Geophysicist

President Biden just lately signed an govt order geared toward making half of all new automobiles bought in 2030 electrical. That’s quite a lot of electrical batteries wanted, in all probability round 7 million if present tendencies proceed. 

Electrical batteries want cobalt, lithium, nickel, and different rare-earth metals, and who’re the professionals who supply them so that each one of us can get pleasure from a clear vitality future?

Geophysicists, after all. These scientists design, plan, and execute the extraction of those minerals from the earth. 

With out geophysicists, we wouldn’t have electrical batteries. (We wouldn’t have oil both, as geophysicists have been employed by the oil and fuel business for many years within the exploration and extraction of petroleum and pure fuel as properly.)

Necessities: Bachelor’s diploma, normally a grasp’s diploma, along with specialised coaching within the specific pure useful resource on which the geophysicist is workingCommon annual wage: $77,132Prime annual earners: $106,000The draw back: Because the work is commonly project-based, there is likely to be lengthy durations of furlough and uncertainty. Persevering with schooling is required of geophysicists as new processes, programs, and coverings seem, promising much more environment friendly extraction of pure assets. Additional, they might want to maneuver ceaselessly relying on the place the exploration tasks are positioned

9. Tutorial Designer

An educational designer develops course content material and coaching curriculum for learners inside firms, governments, and universities (and never simply brick-and-mortar universities however on-line packages, too). 

An educational designer typically consults with material specialists to interpret advanced materials and create compelling (i.e., not boring) studying experiences from which people can purchase information and expertise, assembly the budgets, timeframes, and necessities of the group. 

Tutorial designers additionally develop and conduct assessments to research and determine new improvement wants and suggest coaching strategies accordingly. 

There’s additionally typically an HR element, wherein the academic designer should observe worker efficiency and measure coaching outcomes.

Tutorial designers are an in-demand job as a result of workers want coaching and many it. 

In line with LinkedIn Studying’s 2021 Office Studying report, the highest space of focus for studying and improvement cited was upskilling and reskilling. 

Which means somebody, on this case, the academic designer goes to should develop these programs and get them out the door to learners.

Necessities: Bachelor’s diploma, extra coaching relying on specialty, business, or areaCommon annual wage: $77,000Prime annual earners: $93,000The draw back: Tutorial designers may be victims of downsizing, and as such, typically should reinvent themselves as consultants. This normally means feast or famine, relying on the dimensions and complexity of the assignments

10. Leisure Skilled

Jobs like an actor, musician, TV or radio present host, producer, and author can all match within the leisure business. 

For probably the most profitable professionals in these areas, this job may be extraordinarily profitable. Nonetheless, a job within the leisure business hardly ever has quite a lot of stability. 

You’re typically by yourself, working from contract to contract. You’ll even have to rent an agent to barter contracts and aid you discover work. It may also be extraordinarily tough to interrupt into the business.

Necessities: Mixture of education and on-the-job coachingCommon annual wage: $40,000Prime annual earners: $10 million plusThe draw back: Extremely aggressive industries, jobs don’t have a lot stability, and agent charges will eat a share of your earnings

11. Funding Banker

It will not be probably the most thrilling job, and it will not be all that properly understood, however an funding banker could make some huge cash annually. 

Typically phrases, an funding banker is somebody who brokers offers, resembling firm mergers and acquisitions. 

Those that dealer the biggest monetary offers obtain the biggest compensation quantities.

Necessities: Bachelor’s diploma, grasp’s diploma for highest paying jobs, FINRA licensesCommon annual wage: $64,120, plus efficiency bonusesPrime annual earners: $5 million plusThe draw back: Common 80+ hour weeks, quite a lot of stress due to the heavy reliance on efficiency bonuses

Making some huge cash is only one a part of the equation as you’re employed to construct wealth and reside the life-style you need. In episode 106 of my podcast, I spoke with a pair that’s making large money- however with large issues which are impacting their relationship:

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