Salaries By Profession - Choose Wisely

If you are unsure about what to do and are comparing salaries by profession to help make up your mind, here are some statistics. The starting salaries of the top undergraduate majors according to one report are given below. Chemical engineering tops starting salaries with USD 54, 256 per annum, Electrical engineering with USD 52, 009 per annum, Computer Science with USD 51, 292 per annum, Mechanical engineering with USD 51, 046 per annum, Accounting with USD 43, 809 per annum, Economics and Finance with USD 43, 056 per annum, Logistics and Supply chain management with USD 43, 012 per annum and Civil engineering with USD 42, 928 per annum. So if the starting salary is what interests you the engineering line is the best. But wait. That’s not the entire story.

As far as fastest growing jobs are concerned, the top 6 occupations projected to grow quickly are in computers while others are in health services. The Information Technology (IT) industry pays a premium for its employees – a hefty 20% more than non-IT jobs while an even heftier premium is paid for professionals in critical technology areas (where skilled workforce are hard to locate ad retain) such as wireless technology, WiFi, Security, data management and application development.

Now when we look at the highest salaries by profession we find a complete turnaround. Sweeping the top 8 spots in the highest paid professions are medical and healthcare jobs with anesthesiologists leading the way. They are followed by Internists, Obstetricians and Gynecologists, Oral and Maxillo facial surgeons, Orthodontists, Prosthodontists, Psychiatrists and Surgeons. The first break comes in the list with highly paid Chief Executives. But the medical and healthcare professionals come storming in again. Physicians, General Practitioners and Pediatricians follow until Airline pilots of major airlines enter the field at number 13 followed again, by dentists. Air Traffic Controllers, Astronomers, Engineering managers, Lawyers, Podiatrists, Judges, Computer Information Systems managers are followed by the traditional Marketing managers followed by Natural Sciences managers, Petroleum engineers and Law teachers.

The best-paid profession, in time, with experience are undoubtedly in the medical profession though they do not have hot starting salaries. Choose wisely and follow your instinct and your aptitude while seeking a career/ employment. There are alternate careers in music, movies, photography, politics, writing and almost any conceivable thing that you really like doing. If you persevere and adopt thinking strategies, you could well join the list up there along with the best paid. Good luck!