Highest Paying Jobs in the World

The last three years reshaped the world and the catalysts were a challenging combination by economic, health, and geopolitical volatility. These sped up transformations still continue to reconfigure the global job market. With an increase in demand for the skills of the future there are roles and responsibilities that need remarkable professionals.

People opt for better employment opportunities as they need bigger and fatter paychecks. However, finding the right job requires you to choose the right industry and career. There are various factors which people need to consider while choosing or upscaling such as skills, interests, career scope, among others. Salary, recognition and expertise amount as major factors that reflect growth.

With Industry 4.0 and the on-going Industrial Revolution 5, there are tens of thousands of scopes and opportunities in distinctive industries which allows head hunters to hire the best. And how is it that you become the best among your peers? By upscaling you not only earn better, but also are wanted by organizations around the globe.

Top 20 Highest Paying Jobs in World

This blog features all the highest paying jobs around the world. The following are the top-20 highest paying jobs in the world right now!

Without further ado, let’s dig in and explore salary, industries and skills which are in great demand.

20. Machine Learning Engineer

Being an engineer is very rewarding; however, being a Machine Learning Engineer in 2023 is a great career option. The demand for ML Engineers is at an all time high right now. Also, the role has the potential to bring innovation. A Machine Learning engineer is responsible for developing advanced models and algorithms to drive technical advancement. At the same time, they are responsible for solving real-world complex problems. Making it a fulfilling choice. These specialists’ demand in the market will grow by 40% from 2023-2027.

Job Profile and Salary:

These professionals develop and deploy ML systems and models. At the same time, they collaborate with software engineers and data scientists to implement and design scalable ML solutions. An ML professional is great at:

• Problem-solving kills
• Domain Knowledge
• Software Engineering Skills
• Time Management
• Programming
• Computation

Average Annual Salary of an ML Engineer

19. Marketing Manager

A professional marketing manager offers an amalgamation of strategy, creativity, and impact to an organisation to enhance their visibility and presence in a chosen market. They are incharge of shaping the perception of the brand, drive engagement for customers, and furthermore contribute to the growth of the business. They are proficient in the skills such as campaign management, market analysis, and transparent communication. The overall projected growth of marketing managers job roles is 6% from 2022-2032.

Job Profile and Salary:

These professionals are responsible for strategizing marketing plans and executing them to promote services and products. These unique individuals are incharge of conducting market research, analyse customer’s behaviour and identify the target audiences to ensure marketing campaigns are worthwhile. Marketing Managers are great at:

Average Annual Salary of a Marketing Manager

18. Financial Analyst

The financial analysts as professionals partake in a wide array of research tasks to help organizations and individuals with investment strategy. They are also responsible for making investment decisions for organizations and clients. The role of a financial analyst is quite data-intensive which requires robust skills in mathematics and analytical skills. Additionally, they evaluate current events, financial data, market trends and developments to examine financial statements of an organization. From 2022 to 2032 the projected growth of the job role is around 8%.

Job Profile and Salary:

The financial analysts usually undertake a wide array of tasks such as research to aid organizations with investment strategy. At the same time, they’re also responsible for making investment decisions. As mentioned above their roles are exponentially data-intensive as they oversee expenditures and future revenues and ROI.

Average Annual Salary of a Financial Analyst

17. Data Architect

The Data Architect are the professionals responsible for implementing and designing data architecture and strategy. They oversee and ensure storage, data integration, and governance in an organization. Generally, their work comprises defining data standards, flows, and models. Due to their soaring demand, the employment rate of Data Architect is expected to grow by 8% from 2022-2032. They ensure quality, security, and data consistency. Data architects usually collaborate with data scientists, engineers, IT teams, and business analysts to have an understanding for data requirements alongside design solutions.

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Job Profile and Salary:

These IT professionals leverage the expertise in design skills and computer science to review and analyst data infrastructure of an organization. Moreover, they are responsible for planning future databases and implementing the solutions required to manage and store data for their organization.

Average Annual Salary of a Data Architect

16. Data Engineer

Data engineers usually work across different industries such as finance, technology, e-commerce, and healthcare. These professionals are responsible for constructing, designing, and maintaining databases and data pipelines. Furthermore, they are responsible for enabling insights and data analytics. Data engineers are experts in data modelling, programming skills like Java,Python, or even SQL, knowledge of Spark and Hadoop. The career growth in the data engineering profession is going to increase by 9% from 2021 to 2031.

Job Profile and Salary:

Data engineers are an integral part of the Data Engineering team where they ensure data is processed, collected, and stored, and they also develop and maintain data infrastructure. Data engineers are often seen collaborating with analysts and data scientists where they provide access to data both unstructured and structured.

Average Annual Salary of a Data Engineer

15. Cybersecurity Engineer

The cybersecurity engineers are proficient in developing, designing, and implementing security measures for protecting IT infrastructure, endpoints, and networking systems. They are often seen managing security incidents and conducting security audits. These professionals have experience in firewalls, network security and systems for intrusion detection. Over the next five years the role is projected to grow by at least 18%.

Job Profile and Salary:

They design and implement robust network solutions with state-of-the-art security to protect against impending breaches and cyber attacks. The test and monitor systems, ensuring the defence of the organization is optimum.

Average Annual Salary of a Cyber Security Engineer

14. Data Scientist

Data Scientists are the most sought-after professionals as professionals have begun relying on data and harnessing them for competitive advantage and strategic planning. They provide valuable insights alongside patterns from significant and complex sets of data. They collect, interpret, and analyze data by supporting decisions in an organization.Their work involves statistical analysis, data exploration, data visualization, and ML modelling, for uncovering patterns and trends part of the data. The employment rate of data scientists is projected for a growth of 35% from the year 2022 to 2032.

Job Profile and Salary:

They procure information from different sources, put them together to analyze. At the same time, they collect a significant amount of data by using statistical, analytical, math and computer skills. Their use to develop solutions are tailored for meeting the unique requirements of an organiization.

Average Annual Salary of a Data Scientist

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13. Chartered Accountant

Character Accountants are highly regarded professionals because of its several advantages. These professionals help organizations and individuals distinctively to bring about financial stability with several opportunities. All industry verticals need an expert to carry out taxation, auditing, and financial advisory tasks. Between 2021 and 2031, the increase in demand for Chartered Accountants is going to increase by 6%.

Job Profile and Salary:

Chartered accountants are responsible for providing audit services, financial advice and tax planning to organizations and clients. These professionals hold expertise in preparing financial statements, financial data, by ensuring compliance with accounting regulation and standards. They play an important role to make financial decisions and provide guidance on financial forecasts and risk management.

Average Annual Salary of a Chartered Accountant

12. IT Systems Manager

These professionals oversee the team comprising IT professionals for maintaining technology and computer systems of an organization. Their work includes troubleshooting problems related to IT, administering computer systems, installing software, and fixing hardware of different departments. Also, the projected growth rate of the role from 2022 to 2032 is 15%.

Job Profile and Salary:

IT Systems Manager manages the budget for IT departments and prioritizes funds based on organizational and departmental goals. They monitor performance and productivity of IT employees by conducting performance appraisals and reviews. While monitoring the inventory, they also research business tech and new IT software for strengthening the IT infrastructure in an organization.

Average Annual Salary of an IT Systems Manager

11. Engineering Manager

Engineering manager is yet another highest-paying job in the world. There is an estimated increase of 4 to 6% from 2020 to 2030. Approximately there are around 15,000 job openings for a role of engineering manager each year. Their everyday duties include designing, planning, overseeing projects. In addition to this, they are also responsible for supervising engineering teams and managing finances. As the engineering manager keeps up climbing the corporate ladder, he’ll be able to lead more managers and teams.

Job Profile and Salary:

The engineering managers are tasked to coordinate and plan projects, research new projects, and supervise the team. From strategies, managing budgets, executing projects, an engineering manager does it all. In addition to this, they have strong communication skills alongside analytical and organizational counterparts.

Average Annual Salary of an Engineering Manager

10. IoT Solutions Architect

With the advancement of technology, the job requirement for professionals who can handle and oversee the technology is also increasing. These professionals have a great demand in different industries such as healthcare, manufacturing, smart cities, and agriculture. IoT is all around us from ATM machines to smart bulbs, IoT is everywhere. Since 2019, the demand for IoT Architects has increased by 32.7%.

Job Profile and Salary:

The roles and responsibilities of IoT Solutions Architect includes development and implementation of end-to-end Internet of Things solutions. Their solutions are reliable, scalable, and secure. They also collaborate with stakeholders and clients for understanding the business requirements and further perfect design solutions for IoT.

Average Annual Salary of an IoT Solutions Architect

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9. Big Data Engineer

Today, the Big Data Engineers are the most sought after professionals in the world driven by data. Organizations are generating and collecting tons of data and to work around the data, you need an engineer capable of handling Big Data. The demand for Big Data Engineers has increased by 50% since last year. Also, Big Data engineering is the fastest-growing career in the world. The professionals integrate several data sources, create pipelines and optimize retrieval and data storage processes.

Job Profile and Salary:

Big Data Engineers have an expertise in Apache Spark, Hadoop, cloud-based solutions, and Apache Kafka. Other than making data-driven decisions, they also transform raw data and turn it into valuable insights. Additionally, they also enable businesses and organizations in making decisions for innovation and growth.

Average Annual Salary of an Big Data Engineer

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8. Corporate Lawyer

The growth rate of an average corporate lawyer is expected to be 10% from 2018 to 2028. The rate of employment is great because these professionals have a unique skill which enhances their chances of employment. Several sectors and industry verticals rely on corporate lawyers to help them with legal solutions.

Job Profile and Salary:

Corporate lawyers ensure that transactions of an organization are complied adhering to the rules and regulations of the corporate law. Their duties aid them to prepare documents, assess partnership agreements, and negotiate deals.

Average Annual Salary of an Corporate Lawyer

7. Web Developers

We often see tons of websites go up on the internet everyday. Further, the field is exponentially lucrative as the world is on the internet. According to the US Bureau of Labour, there is a 15% increase in the market for these professionals by 2026. Web developers are the go-to professionals to initiate digital transformation for businesses who want to up their digital game.

Job Profile and Salary:

Web developer’s primary goal is to build, design and make modifications to websites as per client’s demands. The prerequisites of their job role are meticulous management and monitoring. They also have graphic design skills, a good knowledge of CSS, HTML, PHP, JavaScript, and the core concepts of programming languages.

Average Annual Salary of an Web Developers

6. Project Manager

Project managers are the one who play an important role to ensure projects are successful. These professionals organize, plan, and execute projects by considering organizational restraints like schedules and budgets. In addition to this, these professionals lead teams, establish communication with stakeholders, define goals, and see through the closure of the project. The projected growth of a project manager is 6% from the period 2022-2032. At a minimum of 68,100 openings for these specialists are going to grow every year. However, professionals with PMP^® certification can get paid higher compared to others in the same field.

Job Profile and Salary:

A conventional project manager manages teams, ensuring friendly relationships with clients. Their project plan is realistic which results in a better outcome. The outcomes rely on time, scheduled tasks and delegating assignments. They not only track the progress of the project and its performance but also the efficiency and effectiveness of the team.

Average Annual Salary of an Project Manager

5. Senior Software Engineer

Senior software engineers are notable professionals who develop, design and maintain complicated software systems. These professionals are well-suited for competitive salaries. Their expertise makes them significantly skilled and makes them suitable for further career advancement and growth. From 2021 to 2031, software engineers career prospects are expected to grow by 25%, which is three times faster as compared to all occupations.

Job Profile and Salary:

Senior software engineers are responsible for leading and mentoring a team of engineers. Their knowledge and skills help in contributing to astute technical guidance and architectural decisions. They’re also responsible for collaborating with different team members to deliver robust software products and scale business.

Average Annual Salary of an Senior Software Engineers

4. Investment Banker

An investment banker evaluates the financial needs of an organization. From raising capital to serving its financial needs, these professionals are associated with financial transactions to develop, create, grow and acquire businesses. As a bridge between organizations and investors, they are also responsible in scouting for investment and scaling opportunities. The global market encompassing investment banking is estimated to reach $171.29 Billion with a CAGR of 9.6% by 2027. Further, making the career exponentially rewarding.

Job Profile and Salary:

At the nascent stage, investment banking began like an analyst, however, the role evolved over the years and today it’s one of the top-paying jobs in the world. The every job roles include report analysis, market research, and perform business-financial models.

Average Annual Salary of an Investment Banker

3. General Surgeon

In the modern times, general surgeons are in great demand around the globe. These professionals are specialized in surgical procedures making them highly skilled and in-demand. With around 24,000 openings projected to be open every year, from 2022 to 2023, the growth rate is projected to be 3%. Healthcare professionals such as general surgeons are in the caring business, however, the profession is extremely rewarding.

Job Profile and Salary:

General surgeons diagnose and treat their patients with groundbreaking surgery. Their surgery procedures help cure disease, prevent injuries, deformities while adhering to the ethical protocols and healthcare regulations. They collaborate with the hospital staff to care for the patients properly.

Average Annual Salary of a General Surgeon

2. Neurosurgeon

As a physician, neurosurgeon who holds a speciality to diagnose, and conduct surgical treatment of disorders to peripheral and central nervous systems such as tumours, trauma, stroke, degenerative diseases, among others. From the period 2016-2026, the overall employment of neurosurgeons is set to increase by 14.4%.

Job Profile and Salary:

Healthcare is regarded as one of the critical industries, with neurological disorders leading to disability globally, the demand for neurosurgeons is skyrocketing. They specialize surgical procedures related to brain & nervous system disorders. Additionally, working with the clinical staff and other doctors to assess and diagnose patients will determine the kind of surgery and care required.

Average Annual Salary of a Neurosurgeon

1. Chief Executive Officer (CEO)

CEOs are the c-suite professionals and the highest-ranking individuals in an organization. Given that all companies are different from each other, CEOs are however responsible for driving profitability, expanding companies, improving share prices, among other things. Long story short, CEOs are responsible for managing the overall operations in a company. The job rate of a CEO is projected to be 6% from 2018 to 2028.

Job Profile and Salary:

CEOs manage resources, corporate decisions, supervise managerial operations. They are also the public face for the company and are usually chosen by a board of directors alongside shareholders. In the entire world, the CEO role is regarded as the highest paying job.

Average Annual Salary of a CEO

Conclusion

The jobs mentioned here are some of the most promising jobs in the world right now. However, there are several other job roles that you can opt for if you have the right certification. Whether you’ve completed studying or are trying to diversify your career, this list can help you navigate your career. There is one more aspect that you should consider for choosing a career as it won’t be just paying well, but would also reward you with numerous opportunities and scope to learn and grow in your professional career.

We sincerely hope the blog presents you with an opportunity to establish a career in some of the top professions. Acquiring global certification will help you acquire certain knowledge and skill that goes beyond the conventional norm of choosing a career. Most importantly, in terms of the IT sector, there is fierce competition, and upskilling yourself will help you master your career.