What Are The Most High Paying Industries?

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Eager to earn more money? It could be a case of switching to the right industry. Below are some of the high paying industries and how you can get your foot in the door.

Healthcare

It should come as no surprise that healthcare is still top of the board when it comes to high paying industries. Within this industry, anaesthesiologists and surgeons are some of the highest earners, taking in over $250,000 per year on average.

Of course, getting into these healthcare jobs isn’t easy. Doctors often have to study for six years and train for a further four years before being fully qualified. Courses in medicine often require exception school grades, while medical school afterwards can also be competitive to get into.

That said, there are many other jobs in healthcare that are easier to get into with salaries that are still high. If you love working with people and aren’t afraid to get your hands dirty, you could consider becoming a nurse. There are also many high-paying jobs within the admin side of healthcare that could be worth looking into.

Aviation

Aviation has long been a high paying industry. Commercial aircraft pilots are among the biggest earners, earning an average of $130,000.

Becoming a commercial airline pilot requires taking pilot studies and getting several thousand hours of flying experience. In the US, you have to be over 23 to pilot a commercial jet. A clean bill of health is also required.

There are many other jobs in aviation that you can also pursue, many of which have fairly high salaries. Air traffic control is one such area in which you can make a lot of money. There are also jobs in aircraft engineering and maintenance that can often be very well paid for those with a keen interest in mechanics.

Law

Law is another professional with a potential to earn big. The lawyers that tends to earn the most are trail lawyers with a median pay of $120,000.

Trial lawyers are the ones seen arguing cases in TV and films. Getting into this field generally requires obtaining a bachelor’s degree and passing law school, while focusing studies around the specific of trial law. It’s the most competitive area of law, and for this reason you need to quite pushy yourself to get into this career.

Other areas of law can be a little easier to get into and sometimes equally as high earning. Real estate law, intellectual property law and tax law are some of the notable examples all of which similarly require a degree and a trip to law school.

Engineering

Engineers can earn a lot of money too. The average mid-career salary is $109,000. Those working in areas such as petroleum engineering can earn even more.

Getting into engineering usually requires getting a degree. A specific engineering degree can be useful when focusing in on a speciality area. For instance, there are courses specific to petroleum engineering.

Technology

Digital technology is currently booming. Cloud engineers and software developers are some of the highest earners, taking in salaries of well over $100,000 when working for major companies.

A specific tech related degree is often required to get your foot in the door of this career. Programming skills meanwhile can also be beneficial to many careers within this field.

Energy

A job in the energy industry can also be high earning. Green energy is thought to become the next big high earner, with some environmental engineers already making $86,000.

There are lots of different jobs within energy and so there are many different routes into this industry.

Finance

Finance can be another high earning sector. In the USA, finance managers earn an average of $82,625 per year. Those involved in investing can meanwhile earn a lot more.

Finance managers often require a degree or master’s in finance, as well as plenty of work experience within the finance trade.

Sales

Sales representatives tend to earn an average of $58,000 per year, but there are some that can earn a lot more when selling high ticket items like real estate and technology.

You don’t need any qualifications to work in sales. However, in certain industries in which you may be dealing with complex products, an education may be looked upon more fondly.