The job market is constantly evolving and it is important for job seekers and career enthusiasts to stay up-to-date with the latest trends. One of the most important trends to consider is which jobs will have the highest pay in the coming years.
While there are many factors that contribute to a high-paying job, such as location, education, and experience, there are some industries that are likely to see growth and demand for skilled workers.
Now, let’s go ahead and take a look at some of the top high-paying jobs that are predicted to be in demand in the U.S.
One of the most dynamic and job-secure fields is healthcare. The aging of the baby boomer generation and increased access to healthcare have increased the demand for healthcare professionals across various fields, including nursing, occupational therapy, physical therapy, and pharmacy.
Healthcare professionals are expected to remain in high demand for the foreseeable future, with an average annual salary of $90,000, depending on the specialization.
Next up: Software development has become increasingly important as the world becomes more reliant on technology. These developers have the skills to code complex software programs and develop platforms, software applications, and websites.
With the rise of e-commerce, customer relationship management (CRM) platforms, and data analytics in businesses, the demand for software developers is expected to grow by 26% by the end of the year. Thus, the average annual salary of software developers is all set to cross $110,000.
Engineers are highly valued in any technological ecosystem, from civil to mechanical engineering—especially the specialization of robotics, biotech engineering, environmental engineering, and automation.
The demand for innovative technologies has increased the need for high-skilled engineers. Due to the competitive nature of engineering, engineers have an annual average salary of $105,000 today.
The last decade has seen a vast increase in the availability of big data and computer analytics. Businesses and organizations are leveraging the power of data analytics, especially to come up with detailed insights about their operations, target audience, and customers.
Of course, this is to ensure that they grow and expand at a greater pace as compared to the competition. Thus, the demand for big data analytics teams and data scientists is anticipated to increase by 28%, with an average annual salary of $130000.
Despite the upheavals of the financial sector, finance remains a lucrative field. There is always a need for specialists in accounting, financial analysis, and bookkeeping industries. The field of Corporate Finance specializes in accounting, audit, and budgeting.
Thus, the annual salary averages around the $95,000 mark, with suitable job anticipations in the coming years.
The bottom line is that the top high-paying jobs come with demanding skillset requirements that require significant training, education, and experience. Technological advancements in machine learning, big data, and analytics are changing the job market. And of course, these fields can attract a considerable annual salary.
Thus, the best way to prepare for this lucrative opportunity is to look for training and education in the fields of software development and data science—plus, of course, finance, engineering, and healthcare. Job seekers should be opportunistic in acquiring the required skills if they want to avail themselves of lucrative job opportunities in the future.