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What are really the highest paying jobs in America? Here’s an accurate new ranking
combines the BLS figures with new tax data to accurately estimate the whole income distribution of the 11 highest-earning professions.This is the best ranking we’re currently aware of.

the majority of the highest-earning people are managers

Collectively, the 11 professions in the table above (excluding “Other”) account for 18% of jobs and 42% of income. They cover about 60% of people earning over $100,000 and over 90% of those earning above $300,000

Those earning $300,000 per year mostly work in management, law, finance, and medicine. Those earning over $10m per year mostly work in management and finance

The average front office banker in the UK who stays in the job past 35 likely earns over $500,000

We’ve also roughly estimated that hedge fund traders might earn a mean of $400-$900k. This would make “hedge fund trader” and “investment banking” the top of the table

Lthe average venture capital-backed startup founder earns over $1m per year

Future swings in income could be even more unpredictable due to automation. If you want to maximise your expected earnings taking account of uncertainty, then make sure to gain flexible career capital, focusing on skills that are unlikely to be automated, and can be used in lots of areas. Management skills, leadership, problem solving, creativity and social skills seem most attractive on these grounds

The key factor is personal fit – your chances of excelling in the career. The 99th percentile of a profession earns 5-30 times as much as the median, larger than the differences between professions, and you’re not going to reach this level if the job does not suit your strengths.
career  job  salary  wage  income  profession  USA  high  paid 
4 weeks ago by dandv
Chief executives win the pay lottery - Bartleby
A buoyant stockmarket, more than skill, has enriched bosses
capitalism  inequality  wage 
10 weeks ago by soobrosa

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