Thursday, July 5, 2012

2012 Highest Paying U.S. Jobs

If you're looking for a career change to increase your pay, or you're past that stage and have given up on career enhancement and are looking to steer your child to a high paying career instead, you may want to read the list of highest paying jobs published today on the CNBC web site.

The list has some surprises that buck public perception.  For example, CEOs are ranked 3rd in job category with an average annual salary of $176,550.  There are currently 267,370 of them employed.  When I looked a little closer at the rankings on the
Bureau of Labor Statistics web site which served as the source for the CNBC article, CEOs actually ranked as the 11th occupation as measured by "annual mean wage".  The following 10 occupations ranked higher - listed from highest paying down:

Anesthesiologists, 
Surgeons, Obstetricians and Gynecologists, Oral and Maxillofacial Surgeons (Maxillofacial means jaws and face), Orthodontists,  Internist (General), Physicians and Surgeons (all other), Family and General Practitioners.

Not surprisingly, 9 of the top 11 professions are MDs.  There may be a potential flaw in the ranking, as it's based on wages only.  CEOs, for example, are compensated quite shamelessly and handsomely through non-salary means such as stock options, grants etc.  Total compensation package may have bumped CEOs up a few notches.


If you want your child to be a lawyer, the statistics have a breakdown of which subcategory of lawyers are the highest paid - Securities and Commodity Exchanges (avg. annual pay of $174,370).  It even shows which regions pay the highest wages for lawyers on average - District of Columbia (avg. annual pay of $161,050).


|Air Traffic Controllers have a mean wage of $114,460, ranked as the 27th occupation and one notch above Pharmacists, but if you're older than 30, you will not be allowed to start a career as one.



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