Best Jobs in America
MONEY Magazine and Salary.com rate careers on salary and job prospects.
TOP 10 BEST JOB
MONEY Magazine and Salary.com researched hundreds of jobs, considering their growth, pay, stress-levels and other factors. These careers ranked highest:
1. Software Engineer
2. College Professor
3. Financial Adviser
4. Human Resources Manager
5. Physician Assistant
6. Market Research Analyst
7. Computer IT Analyst
8. Real Estate Appraiser
9. Pharmacist
10. Psychologist
1. Software Engineer
Why it’s
great: Software engineers are needed in virtually every part of the economy, making
this one of the fastest-growing job titles in the U.S. Even so, it’s not for everybody.
Designing, developing and testing computer programs requires some pretty advanced math skills and creative problem-solving ability. If you’ve got them, though, you can work and live where you want: Telecommuting is quickly becoming widespread.
The profession is mostly young people the up-all-night-coding thing gets tired – but consulting and management positions aren’t hard to come by once you’re experienced.
What’s cool: Cutting-edge projects, like designing a new video game or tweaking that military laser. Extra cash from freelance gigs. Plus, nothing says cool like great prospects.
What’s not: Jobs at the biggest companies tend to be less creative (think Neo, pre-Matrix). Outsourcing is a worry. Eyestrain and back, hand and wrist problems are common.
Top-paying job: Release engineers, who are responsible for the final version of any software product, earn six figures.
Education: Bachelor’s degree, but moving up the ladder often requires a master’s.
2. College Professor
Why
it’s great: While competition for tenure-track jobs will always be stiff, enrollment
is rising in professional programs, community colleges and technical schools – which
means higher demand for faculty.
It’s easier to break in at this level, and often you can teach with a master’s and professional experience. Demand is especially strong in fields that compete with the private sector (health science and business, for example).
The category includes moonlighting adjuncts, graduate TAs (Teaching Assistants) and college administrators.
What’s cool: Professors have near-total flexibility in their schedules. Creative thinking is the coin of the realm. No dress code!
What’s not: The tick-tick-tick of the tenure clock; grading papers; salaries at the low end are indeed low.
Top-paying job: University presidents’ pay can hit $550,000 or more, but most make about half that.
Education: Master’s or professional degree; Ph.D. for most tenured jobs.
3.
Financial Adviser
Why it’s great: Twenty years ago, no one ever said, “I want to be a financial adviser when I grow up.” Now there are nearly 300 college programs for financial planning, and M.B.A.s, lawyers and accountants are jumping to this lucrative but more people-friendly profession.
As company pensions die out and Americans increasingly have to manage their own retirement savings, financial planning is no longer just for the rich. And with Gen X-ers entering their peak earning years and boomers nearing retirement, business will get better still.
What’s cool: If you have a knack for numbers and a way with people, you can use Wall Street skills without selling your soul. You can work for yourself, for a small shop or for a giant financial services firm.
What’s not: Compliance rules mean lots of paperwork. Stress? You have to build a practice from the ground up.
Top-paying job: Advisers who manage client portfolios earn $200,000-plus.
Education: A college degree, plus certification and continuing education.
4. Human Resources Manager
Why
it’s great: At more and more companies, HR is no longer about benefits
administration and the employee newsletter. Those tasks are increasingly outsourced, and
directors and vice presidents are considered strategic planners.
Even lower-level managers are expected to design employee programs that also benefit the bottom line. International HR and compliance are especially hot. There’s a wide variety of work, from self-employed benefits specialists to corporate recruiters and HR generalists.
What’s cool: The mission: to make work more rewarding for workers. You help shape corporate culture and strategy.
What’s not: Fighting the “fluffy HR” stereotype; firing people.
Top-paying job: Senior HR directors make around $285,000; at the C-suite level, it’s more like $1 million-plus.
Education: Bachelor’s degree, often followed by master’s level work or professional certification.
5.
Physician Assistant
Why it’s great: For most doctors, the worst part of their job is filling out paperwork and battling insurers. Physician’s assistants get to skip all that. Under a doctor’s supervision, they provide routine health care – conducting physical exams, ordering lab tests, prescribing medications, treating illnesses.
PAs can specialize, from the Emergency Room to pediatrics to orthopedics, and they can switch fields. Thanks to an aging population and demand for more cost-effective care, this job offers a level of security other professions can’t match.
What’s cool: Doctors’ work, bankers’ hours. PAs average 35 to 40 hours a week, and they can work part time and in a variety of settings.
What’s not :You’re not the ultimate decision maker on patient treatment; there’s little room for advancement.
Top-paying job: Specialists in cardiothoracic surgery earn over $100,000.
Education: Four years of college, two to three years of training in an accredited program, plus national exam for certification.
6. Market Research Analyst
Why it’s great: If you want to know what the next big thing is, this is your field. Before launching a product or service, companies turn to market research analysts who collect and evaluate data about consumer wants, needs and buying habits.
You get to work on a huge variety of projects: in a single day you might run a taste test on a new vodka flavor, evaluate a re-branding campaign for a hot dog and analyze political polling data.
What’s cool: Testing products before they hit the market. You talk to lots of people and get to ask them personal questions you wouldn’t dare pose at a party.
What’s not: Being mistaken for a telemarketer; deadlines; number crunching.
Top-paying job: A senior exec or partner in a consulting firm can earn more than $200,000.
Education: B.A.; M.A. in statistics helps.
7. Computer IT Analyst
Why it’s great: Seems like the entire world is at the mercy of information technology folks, thanks to the rapid spread of computers and swell of the Internet. And all of these jobs pay well, from desktop support technician to Webmaster to database wonk.
Entry-level analysts make $60,000 and above. Senior database specialists and IT managers command six-figure salaries and decent bonuses. A bachelor’s degree is enough to get started.
What’s cool: Telecommuting and freelance gigs abound. Plus: e-mail snooping!
What’s not: Carpal tunnel syndrome; outsourcing will mean fewer entry-level and non-specialized jobs.
Top-paying job: Network operations directors, who are responsible for a company’s intranet, earn $250,000-plus.
Education: From a B.S. to a Ph.D.
8. Real Estate Appraiser
Why it’s great: The housing boom has meant beaucoup bucks for appraisers in recent years, but the field hasn’t gotten as crowded as real estate brokerage.
And because valuations are needed whenever any property is sold, mortgaged, insured, taxed or developed, there’s going to be work even when the market slows. A quarter of appraisers have steady nine-to-five government gigs assessing property for tax purposes.
What’s cool: Abundant self-employment opportunities. Research isn’t the pain that it used to be, thanks to the Internet.
What’s not: There’s still a lot of legwork; advancement is limited.
Top-paying job: Collateral appraisers, who work with lenders, earn $130,000-plus.
Education: Bachelor’s degree; licensing and certification requirements vary by state.
9.
Pharmacist
Why it’s great: Demand for pharmacists is exploding as the population ages and new medications are developed. By 2010 the number of prescriptions filled is expected to rise 27% to 4.1 billion.
Pharmacists also give advice on over-the-counter meds and help patients manage chronic conditions like diabetes. About 60% work in retail settings, the rest in hospitals and nursing homes and in research or sales for drug companies.
What’s cool: Pharmacists are in such demand that graduates today can expect multiple job offers, signing bonuses and $90K-plus salaries.
What’s not: Dealing with insurers and angry patients; limited advancement.
Top-paying job: Pharmacists at major retail chains can earn six figures.
Education: A doctor of pharmacy degree program is six years long.
10. Psychologist
Why it’s great:
Feel stressed or anxious? So do a lot of people. That and the decreasing stigma attached
to seeking help have fueled demand for psychological services.
The pay is good, the hours are flexible, and it’s pretty hard to top the psychological benefit that comes with bringing relief to a troubled mind. Greater awareness of how mental health and behavior issues affect learning makes school psychology a particularly fast-growing specialty.
What’s cool: Shrinks are four times as likely to be self-employed as other professionals.
What’s not: Years of training; stiff competition for slots in graduate programs; insurers.
Top-paying job: Clinical and counseling psychologists can earn $95,000-plus.
Education: Ph.D. and one-year internship; to be a school psychologist, three years of graduate study and a one-year internship.