Jun 01, 2016

Highest Paying Jobs in 2016

A recent survey from Glassdoor reveals that 68 percent of people say that salary and compensation are top of mind when considering whether or not to accept a new job. Analysis from Glassdoor on salary reports highlights which positions garnered the heftiest paychecks. For a job title to be considered for the list of the top 25 highest paying jobs, it had to have at least 75 salary reports shared by U.S.-based employees over the past year, and to not be a C-suite level position.

Unsurprisingly, 11 of the top 25 are technology and engineering jobs. This is in line with a recent report by Dice, a career site for tech professionals, that the average salaries in this sector in the U.S. jumped 7.7 percent to $96,370 annually, compared to the Bureau of Labor Statistics (BLS) stated average national wage growth of 2.2 percent.

According to Glassdoor chief economist Andrew Chamerlain, the positions earning high salaries are often not only in-demand, but are also protected from competition and automation.

Top 20 Highest Paying Jobs in the U.S.

Top 20 Highest Paying Jobs in the U.S.

Source: Glassdoor

Glassdoor’s findings demonstrate that higher salaries go hand-in-hand with higher education and skills that are in demand. A separate study of over 200,000 Glassdoor users found that only 10 percent who were making more than $120,000 per year gave their employer low marks as compared to 15 percent who did, while earning less than $30,000 per year.

Fastest Growing Jobs that Pay Less Than $25,000

In contrast, some of the positions projected to grow the fastest in coming years pay less than $25,000 per year, according to the Bureau of Labor Statistics. And three-quarters pay less than the typical annual wage of $35,540.  Many of these hot jobs are in health care.

Fast Job Growth But Low Wages

Fast Job Growth But Low Wages

Source: BLS

“There’s no doubt that pay is among the leading factors most job seekers weigh when determining where to work. However, our research shows that a big paycheck isn’t necessarily tied to long-term satisfaction in your job.” ~Andrew Chamberlain, Chief Economist at Glassdoor