A salary is one of the most compelling factors for individuals deciding on a career path, a degree or even where to live — because some parts of the U.S. pay higher wages, on average, for the same position. Although education can determine a worker's salary and even employment, not all high-paying jobs require advanced degrees. With data recently released by the Bureau of Labor Statistics (BLS), CNBC.com took a look at the most highly compensated occupations in the country, based upon BLS job definitions. The BLS also breaks down average salaries geographically and by industry. The jobs listed here are placed in categories according to career path. The numbers are from 2011 — the most recent figures available. Here are the highest paying jobs in the country.
Pharmacists are not only responsible for dispensing prescription drugs, but they also provide patients with information pertaining to potential side effects and correct dosage amounts. Pharmacists are required to have a doctor of pharmacy degree (Pharm.D.), a four-year professional degree. They also must be licensed, which requires passing two exams. The highest paid pharmacists in the country are found in the sparsely populated states of Alaska ($125, 330) and Maine ($125, 310), according to the BLS. The third highest paying state, however, is California ($122, 800) with 22, 960 currently employed in the profession. California is also home to the three highest paying metropolitan areas for this occupation: El Centro ($163, 410), Napa ($140, 230) and Santa Cruz-Watsonville ($140, 220). While these cities have the highest pay scales, the rest of California drops the individual state incomes below Alaska and Maine.
Air traffic controllers regulate air traffic, managing the movement of aircraft between various altitudes and areas while following strict safety regulations. Qualifications to be an air traffic controller include completing an air traffic management degree from a Federal Aviation Administration (FAA) certified school, achieving a qualifying score on the FAA pre-employment test and completing a training course at the FAA Academy, according to the BLS. Those without previous air traffic control experience (military) must be younger than 31 to become an air traffic controller. The highest concentration of air traffic controllers can be found in Alaska (1.86 per 1, 000 jobs), New Hampshire (0.84 per 1, 000 jobs) and New Mexico (0.57 per 1, 000 jobs). Anchorage, Alaska, has the highest concentration of air traffic controllers of any city in the U.S., according to the BLS, with 580 employees or 1.86 per 1, 000 jobs. However, Alaska has one of the lowest annual salaries for this career at $96, 270 which is far below the national average ($114, 460).
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Sales managers are responsible for planning, directing and coordinating the distribution of products and services to corporate clients or customers. The position also involves understanding the marketplace, analyzing sales statistics and monitoring customer preferences. To become an entry-level sales manager, it highly beneficial to have a bachelor’s degree. However, it is not required by all firms. California employs the most sales managers with 53, 190 employees or 3.79 sales managers per 1, 000 jobs, while New York has the highest annual average wage at $169, 710 for its 15, 730 employees. This number is greatly influenced by the New York Metropolitan area, which has the highest annual average wage for cities at $179, 210.
The BLS combines the cockpit crew — pilot, co-pilot and flight engineer — into one category. Tasked with transporting both passengers and cargo, these jobs, more often than not, take place at 30, 000 feet in the air. Although they are high-paying jobs, they are also among the country’s most stressful — with long hours and the responsibility for the passengers' safety. The cities with the greatest number of pilots, co-pilots or flight engineers compared to overall jobs are Anchorage, Alaska (5.37 per 1, 000 jobs) and Salt Lake City, Utah (2.16 per 1, 000 jobs).
Financial managers can be involved in a range of activities, including planning directing or coordinating the accounting, investing, banking, insurance, securities and other financial concerns of a branch, office or department, according to the BLS. Financial managers must usually have a bachelor’s degree and more than five years of experience in another business or financial occupation, such as loan officer, accountant, auditor, securities sales agent or financial analyst. The areas with the highest employment of financial managers per 1, 000 jobs are the District of Columbia (10.59 per 1, 000), Connecticut (7.54 per 1000), Massachusetts (5.86 per 1, 000), New Jersey (5.73 per 1, 000) and Rhode Island (5.70 per 1, 000).
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This job concentrates on applying principles of psychology to the workplace, for human resources, administration, management, sales and marketing. This type of psychologist helps to shape policy, trains employees and undertakes organizational analysis, working with management to improve worker productivity. This is an uncommon profession: The BLS only collects data on industrial-organizational psychologists in Minnesota, Texas, Pennsylvania, Ohio, Virginia, North Carolina and the District of Columbia. Industrial-organizational psychologists need a master’s, specialist, or doctoral degree in psychology. Practicing psychologists also need a license or certification.
For computer and information systems managers, the primary job is to coordinate activities in data processing, information systems, systems analysis and computer programming. Generally, this type of position requires a bachelor’s degree in computer science or a similar field. Then they need an additional five years of experience before rising to this position. The top-paying industry for computer and information systems managers is the motion picture and video industry. Individuals in those areas receive an annual mean wage of $162, 520 according to the BLS. The city with the highest concentration of this job is Washington, D.C., where 5.73 out of every 1, 000 jobs are computer and information systems managers.
Tasked with organizing marketing policies and programs, marketing managers determine demand for products and services offered by their firms. They also identify new customers, develop pricing strategies and strive to maximize company profits and market share. This position does not require a degree, but a bachelor’s degree is highly recommended. The top-paying metropolitan area for marketing managers is Framingham, Mass., with an average annual salary of $170, 610. However, New York ($163, 480) and New Jersey ($146, 970) are the highest-paying states for marketing managers’ services.
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Natural sciences managers plan, direct or coordinate activities in life sciences, physical sciences, math and other science-related fields, according to the BLS. It’s a relatively broad career path, with natural science managers working in various areas of the economy, including research and development, pharmaceuticals, agricultural engineering and even government. Natural sciences managers need at least a bachelor’s degree in a natural science or a related field. Most natural sciences managers work as scientists before becoming managers. Durham-Chapel Hill, N.C., has the highest concentration of jobs in a metropolitan area with 5.13 natural science managers per 1, 000 jobs. Olympia, Wash., comes in second with 3.03 per thousand.
Architectural and engineering managers plan, coordinate, and direct activities in architecture and engineering, including research and development in these fields. Most of their work is done in an office. Before becoming an architectural and engineering manager, one must complete a bachelor’s degree and have at least five years of related experience in the chosen field. Employment of architectural and engineering managers is expected to grow by 9 percent in the decade from 2010 to 2020 — slower than the average for all occupations, according to the BLS. In 2011, Alaska was the highest-paying state for this occupation with an average mean wage of $160, 640. The industries that pay the most for this occupation are pipeline transportation of crude oil ($186, 800) and oil and gas extraction ($167, 060).
The legal profession isn’t the easiest industry to break into, with minimum formal requirements in most states requiring seven years of school (four undergraduate, three law school) and a passing grade on the bar examination. Lawyers represent clients in both criminal and civil proceedings, draw up documents and advise clients on legal matters. Lawyers working for the private sector are compensated more generously than those in the public sphere: legal-services professionals make $137, 170 on average in the private sector, while government lawyers make between $81, 960 and $129, 430.The top three highest paying industries for lawyers are petroleum and coal products manufacturing at around $215, 760 per year, motor vehicle manufacturing at $187, 360 and specialty hospitals (excluding psychiatric and substance abuse) at $184, 610.If you are a lawyer practicing in the District of Columbia, then you are in good company. Approximately 29, 010 lawyers are located there, or 45 lawyers per 1, 000 jobs. They are also the most highly paid, with an average annual salary of $161, 050.
Production, Maintenance, And Service Personnel Compensation Survey
The booming oil industry and the specialized skills required for petroleum engineers create one of the most highly compensated jobs in the country. Petroleum engineers develop plans for oil and gas extraction, production, and tool modification, overseeing drilling operations and providing technical advice. On average, petroleum engineers working for the oil and gas extraction industry made an annual salary of $150, 890. Heavy reliance on natural resources dictates which states have the highest
Natural sciences managers plan, direct or coordinate activities in life sciences, physical sciences, math and other science-related fields, according to the BLS. It’s a relatively broad career path, with natural science managers working in various areas of the economy, including research and development, pharmaceuticals, agricultural engineering and even government. Natural sciences managers need at least a bachelor’s degree in a natural science or a related field. Most natural sciences managers work as scientists before becoming managers. Durham-Chapel Hill, N.C., has the highest concentration of jobs in a metropolitan area with 5.13 natural science managers per 1, 000 jobs. Olympia, Wash., comes in second with 3.03 per thousand.
Architectural and engineering managers plan, coordinate, and direct activities in architecture and engineering, including research and development in these fields. Most of their work is done in an office. Before becoming an architectural and engineering manager, one must complete a bachelor’s degree and have at least five years of related experience in the chosen field. Employment of architectural and engineering managers is expected to grow by 9 percent in the decade from 2010 to 2020 — slower than the average for all occupations, according to the BLS. In 2011, Alaska was the highest-paying state for this occupation with an average mean wage of $160, 640. The industries that pay the most for this occupation are pipeline transportation of crude oil ($186, 800) and oil and gas extraction ($167, 060).
The legal profession isn’t the easiest industry to break into, with minimum formal requirements in most states requiring seven years of school (four undergraduate, three law school) and a passing grade on the bar examination. Lawyers represent clients in both criminal and civil proceedings, draw up documents and advise clients on legal matters. Lawyers working for the private sector are compensated more generously than those in the public sphere: legal-services professionals make $137, 170 on average in the private sector, while government lawyers make between $81, 960 and $129, 430.The top three highest paying industries for lawyers are petroleum and coal products manufacturing at around $215, 760 per year, motor vehicle manufacturing at $187, 360 and specialty hospitals (excluding psychiatric and substance abuse) at $184, 610.If you are a lawyer practicing in the District of Columbia, then you are in good company. Approximately 29, 010 lawyers are located there, or 45 lawyers per 1, 000 jobs. They are also the most highly paid, with an average annual salary of $161, 050.
Production, Maintenance, And Service Personnel Compensation Survey
The booming oil industry and the specialized skills required for petroleum engineers create one of the most highly compensated jobs in the country. Petroleum engineers develop plans for oil and gas extraction, production, and tool modification, overseeing drilling operations and providing technical advice. On average, petroleum engineers working for the oil and gas extraction industry made an annual salary of $150, 890. Heavy reliance on natural resources dictates which states have the highest
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