CEOs are responsible for overseeing the overall operation of a company, from setting goals and managing risk to managing strategy and communicating with the board.
CEOs receive a high salary in addition to very lucrative bonuses, stock awards and long-term incentives. This compensation can be a huge financial benefit for executives, but it also draws protests from the business press and labor unions.
The salary of executives can range widely, depending on their role within the company. These management professionals are responsible for making sure an organization achieves its goals.
Executives in big companies can earn millions of dollars a year, including stock options and bonuses. Some studies have linked executive pay with the value of a company’s shares, which is thought to be a way for shareholders to reward top managers.
A lawyer’s salary will vary depending on many factors, including education, area of concentration, experience level, and firm size. However, the average attorney salary is $120,000.
Law is a highly challenging profession that requires years of study to graduate. It is a rewarding and lucrative career but not without its challenges.
As an accountant, your salary depends on a variety of factors. Your location, industry and employer are just a few of them.
Accounting professionals work in almost every sector of the economy, and they have a variety of high-paying options available to them. From providing financial reporting for government agencies to analyzing risk for Fortune 500 companies, accounting professionals have an array of top-paying jobs they can pursue.
5. Financial Advisors
Financial advisors help clients plan their finances and make investments. They typically earn their income from fees or commissions earned from sales of products and services.
Across the industry, financial advisor base salaries continue to climb, especially for lead advisors in large advisory firms. This is in large part because these firms tend to work with affluent clients who pay more per client.
Consultants are paid to advise businesses and organizations on how to improve their performance. It’s a career that requires a combination of curiosity and creativity, as well as specialized knowledge in the industry.
The best consulting firms offer competitive salaries, career advancement, and lifestyle perks such as unlimited PTO. However, competition for these positions is fierce.
CFOs are often considered the top of the accounting profession, earning a salary between $130,000 and $300,000. This lucrative salary makes sense considering their important role in the financial success of a company.
To become a CFO, candidates typically have advanced degrees and years of experience in finance and accounting. They also need to demonstrate leadership skills and public speaking abilities.
8. IT Managers
IT managers oversee all aspects of computer and information systems within an organization. They are tasked with preventing and fixing any technical issues that might impact production or business operations.
They must have strong analytical and problem-solving skills to quickly address any issues that might arise. They must also have interpersonal communication and leadership skills to effectively manage a team of IT employees.
9. Marketing Managers
If you’re considering a career as a marketing manager, it’s important to understand how much money you can expect. Salaries can vary widely based on experience, education level, and the size of the company you work for.
A product marketing manager is responsible for identifying target markets, developing ad campaigns, recommending pricing strategies, and forecasting the return on investment of a product. This career is highly technical and requires a combination of creative and analytical skills.
10. Finance Managers
Finance managers work to grow a company’s or individual’s wealth by managing financial risks. They analyze data, create strategies and direct investment activities to achieve long-term economic goals.
Finance managers earn a median annual salary of $134,181 according to the Bureau of Labor Statistics (BLS). This is one of the top-paying careers for people with bachelor’s degrees and experience in finance management.