Rate Alert! Rate Alerts Glossary Glossary Help Help
 
  Bankate.com
 
News and Advice Compare Rates Calculators
 
 
- advertisement -
 

The top 20 highest-paying jobs

CEOs, chief operating officers, top executives and surgeons top the list of highest-paying jobs, according to recent figures from Salary.com.

CEOs' paychecks dwarf all others, according to the Salary.com numbers. The average CEO takes home $688,572 per year in salary alone. The figure jumps to $1.18 million with bonuses, according to the data.

- advertisement -

"The thing that's interesting about CEOs is that there is the biggest variance in pay," says Lena Bottos, director of compensation for Salary.com. "There are so many factors that affect it. You can go from very small numbers to very large numbers."

And the numbers on the check don't always tell the whole story. "It's less about salary and more about the mix" of things such as bonuses and stock options, she says. With CEO pay, "different things become hot over time."

Chief operating officers come in second on the salary list. The average COO earns $436,968 per year in straight salary and a total of $690,219 with bonuses.

The next four rungs of the highest-paying jobs ladder are also occupied by corporate executives. Top-subsidiary execs average $381,139 in base pay and $624,831 with bonuses. Top-sector executives make $310,230 in base pay and $525,657 with bonuses. Top-division execs average $274,783 in base pay and $510,292 with bonuses. Intermediate-level corporate financial associates earn $185,158 in base pay and a total of $459,784 with bonuses.

Prescription for wealth
If your parents urged you to attend medical school, they should have been more specific. Of the four medical professions that make the top 20 list, all are in the surgical field. Topping the list: heart transplant and cardiothoracic surgeons. Cardiothoracic surgeons have a slightly higher base pay ($435,456 versus $402,317). Heart surgeons do a little better in the bonus department, so what they take home is fractionally higher ($446,666 versus $446,255).

There are no real shockers as to which professions make the most money, says Bottos, whose organization compiles data from surveys that include an estimated 29 million U.S. workers. CEOs, COOs, CFOs and CTOs, "all the c-level jobs," finish strong, as do doctors, lawyers and financial specialists.

With increasing emphasis on regulations such as the Sarbanes-Oxley Act, accountants and ethics executives are also pulling in big bucks. Engineers with specialized certification in things such as quality control or streamlining of manufacturing processes are also commanding high salaries.

So is there anything that separates the big earners from the crowd? "From meeting some of these people, the thing that sometimes stands out more than anything else is personality," says Bottos. "Because you have to be able to bring the whole package."

Who makes the big money?
Here are the 20 highest-paying jobs, along with the average annual income for each (including salary plus bonuses), according to recent figures from Salary.com.

The top 20 highest-paying jobs:
Source: Salary.com, November 2006
Bankrate.com's corrections policy
-- Posted: Nov. 29, 2006
Create a news alert for "saving"
RESOURCES
Find out when rates hit your target
Negotiate your way to fair pay
17 steps to a bigger paycheck
TOP PERSONAL FINANCE STORIES
Time to buy gold?
Plant a garden, harvest savings
Utility payment plans have some flaws


Compare Rates
NATIONAL OVERNIGHT AVERAGES
30 yr fixed mtg 5.80%
48 month new car loan 6.92%
1 yr CD 3.03%
Rates may include points
ADVERTISING PARTNERS
RELATED CALCULATORS
  How much life insurance do I need?  
  Calculate your payment on any loan  
  What will it take to save for a goal?  
VIEW ALL  
BASICS SERIES
Begin with personal finance fundamentals:
Auto Loans
Checking
Credit Cards
Debt Consolidation
Insurance
Investing
Home Equity
Mortgages
Student Loans
Taxes
Retirement
 
- advertisement -




News & Advice | Compare Rates | Calculators
Mortgage | Home Equity | Auto | Investing | Checking & Savings | Credit Cards | Debt Management | College Finance | Taxes | Personal Finance
About Bankrate | Privacy | Online Media Kit | Partnerships | Investor Relations | Press/Broadcast | Contact Us | Sitemap
NASDAQ: RATE | RSS Feeds | Order Rate Data | Bankrate Canada | Bankrate China

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

Bankrate.com ®, Copyright © 2008 Bankrate, Inc., All Rights Reserved, Terms of Use.