Highest Paying Jobs of Decade 2021-2029

 

Wealth and Income Ladder Strategy of this Decade 

 Do you know a person who does the hardest work, unfortunately, lives in misery? People pity them. Wretched people! Are you going to be the next? Obviously, you should not be! 

Well, this research will gratify your needs and wishes. You worth a magnificently lavish lifestyle. Put your hard work in the right direction. Be a smart decision-maker. When you set out to choose a career, you'll likely be considering three factors: is it personally and professionally rewarding? Is it exciting? Does it pay well? 

work smart to excel in life

What job categories are going to be the highest paying in the coming decade? 

Highest paying jobs in the world 

FOXBusiness includes Tech, Healthcare, and Business in the highest-paying job categories in the world. 

Excluding gigs like a movie star or athlete, not typically available to the average worker, average Payscale analysis brings forth people from 3 categories to be the highest-paying jobs in the world. 

1. Healthcare
2. Tech Industry 
3. Business

Healthcare Opportune 

The highest-paying roles in healthcare are: 

• Anesthesiologist 
• surgeon
• physician
•  orthodontist
• dentist 

Tech and Business Blessed 

Top paying roles in business and tech industry are as follows: 

• Chief executive officers
•  corporate lawyers
•  marketing managers
• engineering managers  

Investopedia quotes:

US government data shows that healthcare dominates the salary ladder. 

According to the US Bureau of Labor Statistics, the employment of healthcare occupation is projected to grow 15% from 2019 to 2029- adding about 2.4 million new jobs. 

Corporate chief executives are the highest paid professions outside of healthcare fields.  

Working in the aviation industry can mean a lot of time away from home, but it also leads to a nice paycheck in many cases.  Pilots, copilots, and flight engineers hail this category. 

Computer and information system managers are among the highest-paid profession in the tech industry. Computer and information system managers oversee the functions such as electronic data processing, information systems, system analysis, and computer programming. They evaluate the IT needs of a business. 

Architecture and Engineering managers are the next professions in the highest-paying job roles.  Petroleum engineers, Judges, magistrates, marketing managers, financial managers, pharmacists, and sales managers are also on the list. 

Breaking the Low-Income Trap 

Families and communities in many countries are increasingly trapped on the bottom rungs of the social ladder. Children born into low-income families have less chance of moving up in the world and improving their financial status. Meanwhile, those at the top of the income ladder are holding on to their wealth. 

One way of trying to understand the lack of income mobility is to look at how it would take someone from a poor family to earn the average income in their home country. 

Income mobility is not going to work equally around the globe. At the current rate of income mobility, Colombia would take 11 generations while Denmark 4.5 generations to move from low to average income category. Organization for Economic Cooperation and Development (OECD) report mentioned it in its findings. 

Generational work can be narrowed with smart decision-making. 

Skills you should learn to be at the top of the highest paying job ladder! 

The healthcare profession is at the top of the highest-paying profession list, and it will retain its position for a considerable length of time. Learning skills related to healthcare should be the top priority for youngsters and college students. It should be followed by tech-related education. College students should acquire tech skills to earn more.  

Corporate chief executives mostly have bachelor's degrees in Business Administration. However, many tech business CEOs have bachelor's in engineering as well. Later on, an MBA degree is add on. 

Conclusion

With this strategy, you can cover a generational distance within a few years of hard work with smart strategy. Just focus on your goals. If you want to read more, how to be successful in life, follow my blog. Your dreams of living a lavish lifestyle would be a reality in this life. Just be focused and be consistent. Cheers! 

If you have any thoughts, share your words in comments.