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America in Net Profit with My Home Business &
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This Article from Career Builder Makes
Me So Thankful I found This Home Business Opportunity!!
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Out the Article
Highest-Paying
Jobs in the US
Do
what you love and the money will follow is great in
theory, but the truth of the matter is, certain jobs
and fields simply pay more. The Bureau of Labor Statistics
National Compensation Survey showed, for example, that
white-collar earnings, which averaged $21.85 per hour,
were the highest among occupational groups. Blue-collar
pay averaged $15.03 per hour, while the hourly pay of
service occupations averaged just $10.40.
The
jobs that pay the most require at least a four-year
college degree. According to the most recent data from
the Employment Policy Foundation, the nations
12 top-paying jobs -- and the mean annual income reported
in 2003 for each -- were:
Top
Paying Jobs Overall
- Physicians
and surgeons -- $147,000
- Aircraft
pilots -- $133,500
- Chief
executives -- $116,000
- Electrical
and electronic engineers -- $112,000
- Lawyers
and judges -- $99,800
- Dentists
-- $90,000
- Pharmacists
-- $85,500
- Management
analysts -- $84,700
- Computer
and information system managers -- $83,000
- Financial
analysts, managers and advisors -- $84,000
- Marketing
and sales managers -- $80,000
- Education
administrators -- $80,000
Though
many of these occupations require an advanced degree,
there are jobs at every education level that pay more
than other jobs for workers with similar levels of schooling.
Here, courtesy of the Employment Policy Foundation,
is a look at the best-paying occupations at varying
education levels:
Top
Paying Jobs That Do Not Require a High School Degree
These jobs tend to require substantial on-the-job training
and work experience rather than formal education and
schooling:
- Industrial
production managers -- $36,000
- Bailiffs,
correctional officers and jailers -- $36,400
- Drafters
-- $36,000
- Construction
manager -- $33,600
- Electricians
-- $31,900
Top
Paying Jobs for High School Graduates
These occupations emphasize work experience and on-the-job
training rather than formal education:
- Computer
software engineers -- $58,900
- Computer/information
systems managers -- $56,400
- Computer
programmers -- $55,000
- Network
systems and data communications analysts -- $49,000
- General
and operations managers -- $48,000
- Database,
network and computer systems administrators -- $48,000
Top
Paying Jobs for a Two-Year College Degree
The following jobs tend to be technical in nature, emphasizing
skills developed on the job as well as job-specific
training and certifications:
- Healthcare
practitioners -- $66,000
- Business
analysts -- $58,000
- Electrical
and electronic engineers -- $57,000
- Mechanical
engineers -- $56,800
- General
and operations managers -- $54,000
- Computer
and information systems managers -- $50,400
"A
look at expected earnings over a lifetime shows the
economic benefit of higher education attainment,"
says Tony Carnevale, who chaired President Clintons
National Commission for Employment Policy and authored
several books, including "America and the New Economy:
How New Competitive Standards are Radically Changing
American Workplaces."
A
person with a doctoral or professional degree, for example,
is expected to earn about $3 million over the course
of his or her working life while a person without a
high school diploma is expected to earn less than $1
million. "Despite an increasing supply of well-educated
workers, the college wage premium has nearly doubled
since 1980, largely because of the added value of a
college education in the new knowledge economy,"
adds Carnevale.
The
Employment Policy Forum concurs, but stresses that these
numbers are only averages. Individual earnings depend
on many factors inducing geographic location, employer
size (average hourly earnings ranged from $15.06 in
organizations employing between 1 and 99 workers to
$24.09 in those with 2,500 workers or more), industry
(workers in goods-producing industries earned $18.46
an hour vs. those in service-producing industries who
earned $16.44 an hour) and the workers skills
and characteristics.
Kate
Lorenz is the article and advice editor for CareerBuilder.com.
She researches and writes about job search strategy,
career management, hiring trends and workplace issues.
Other writers contributed to this article.
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