Q. What are the best industries for high-paying jobs?
A. The best industries are always those that have a shortage of applicants. Not only will it make it easer for you to find a job if there are fewer applicants, but employers are willing to pay higher salaries and give employees better benefits or other incentives. Industry shortages change over time, but the medical, finance, and transportation industries are always good places to start.
Q. Do I need a college degree to get a high-paying job?
A. Absolutely not! You might be surprised to know that many people who make over $75,000 a year don’t have anything more than a high school diploma and on-the-job training. Of course, many of the world’s most high-paying jobs do require advanced degrees.
For example, you can’t be a brain surgeon unless you have attended medical school, and most CEOs have an MBA. Don’t let your lack of a degree stop you from looking for a high-paying job, though.
Remember, Bill Gates dropped out of college! If you’re devoted to doing well at your job, your employer may even pay for you to get a degree so you can be eligible for promotions and higher salaries.
Q. Will a high-paying job make me famous?
A. That depends! How about well-known among your peers in an industry? Most high-paying jobs won’t make you famous. Sure, you could become a multimillionaire actor, musician, or sports star, but those jobs are possible for only a very small percentage of people. You don’t need to have a talent to make six figures. Keep in mind, though, that fame is relative. When you have a high-level job with a $100k+ salary, there’s a good chance that you’ll be well respected in your community and that your name will be known in your field among your peers. That kind of fame goes hand in hand with a high salary.
Q. How much experience do I need for a high-paying job?
A. It depends on your job. Many high-paying jobs require you to do a little ladder-climbing. Keep in mind, though, that many high-paying industries allow you to start at a much higher salary level than jobs in other industries. Even in an entry-level position, you could be making $50,000 or more.
Q. What are some disadvantages to high-paying jobs?
A. There aren’t many. The main disadvantage is that most high-paying jobs also come attached with busy work schedules. So, you may have to work over 40 hours a week or have strange schedules in order to make the big bucks. These jobs can also be stressful. Most people agree that the high salary is well worth a few extra hours of work and some added stress.