Friday, June 25, 2010

Top Paying Jobs for Women: 5 Highest Paying Jobs for Women

There was a time when women were relegated to only teaching, nursing, childcare, administrative assistant careers. Times have changed and now there are and increasing population of female CEO’s, doctors, lawyers, and politicians. Here are five lucrative professions women should consider when choosing a career path:

Careers in Medicine
Internal medicine (i.e. anesthesiology, dermatology, optometry etc.), compared to emergency medicine, is one of the high paying careers for women. Internal medicine, a medical specialty that deals with the prevention, diagnoses, and treatment for adult diseases, offers more flexibility for women who are the primary caretaker in their family. It’s less taxing and demanding compared to emergency medicine, in which physicians receives specialized training to care for patients with acute illnesses or injuries that require immediate medical attention (i.e. cardiac surgeon).

Another possibility for more schedule flexibility is concierge medicine, where doctors charge a yearly fee for a set number of patients providing enhanced care. The median salary for female doctors of medicine according to payscale.com, a market leader in global online compensation data, is $135,725/year.

Careers in IT [Information Technology]
As more and more companies are relying on technology, opportunities are increasing for women in the information technology field. A computer-related occupation offers high paying jobs for women. The median salary for IT consultants is around $70,492/year. It’s career friendly for women. Work conditions are not as physically strenuous, is less mechanical, however mentally challenging versus other professions. According to the Bureau of Labor Statistics’ employment projection for 2006-2016, demand for IT occupations will rise in nearly all industries.

Careers in Law
Another top paying career for women is a career in law where the average female attorney/lawyers can earn up to $69,696/year. As law firms are recognizing that diversity of talent is essential for their advantage in market competition, there is a surge for law firms to retain talented women attorneys.

Careers in Sales Engineering
Career training in sales engineering offers women the potential to earn $62,427/year. Responsibilities of a sales engineer is to work with the company’s production, engineering, research and development departments, and with independent sales firms to determine how products and services can be designed or modified for customers’ needs. A job that requires the knowledge of an engineer, but with qualities of a sales person, sales engineer is the perfect job for women because women naturally tend to communicate better than men.

Careers in Financial/Investment Services and Counselors
Another one of the best paying jobs for women currently not being taken advantaged of is careers in financial/investment services and counselors. Women have natural characteristics well-suited for these jobs such as communicating, developing relationships, and educating; which are critical skills needed to be successful as a financial planner. The median salary for women in financial services is $53,890/year.

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