Sunday 16 November 2014

Highest paying jobs: some important factors worth considering!

When considering a career path in life and your main motivation for choosing a path is money or take home pay then, doing adequate research, knowing what the requirements are and the location you are in or hoping to work in are important factors to consider. For example the top jobs in the US are not necessary the top paying jobs in other locations in the world.

To put this into context, surgeons, general physicians, petroleum engineers, air traffic controllers and attorneys  are the highest paying jobs in the US. The situation of surgeons, general physicians and attorneys will be different in some countries (e.g. African countries) where these professions are less valued. However, values attached to a profession by the population may not be the only defining factor for the take home pay, other factors such as  the high average debt incurred by graduates in medicine and law and the risk and stress associated with petroleum engineers, air traffic controllers.
It is also important to know that petroleum engineers and air traffic controllers may not require a degree or formal education hence the important of researching before venturing out.

Another factor is supply and demand of those professions in your society or place that you are thinking of working. If there are more doctors or petroleum engineers than the demand for them, the salary that the employers are willing to pay goes down as there are more doctors and engineers (higher supply) needing these jobs.





There are many more things that are important for considering, we have only highlighted some above to get you thinking. For more information on high paying jobs, see the link.

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