13 Jobs That Pay Over $500k a Year | 2023

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While it may sound unbelievable, some jobs pay over $500k yearly. You might find it hard to believe that some occupations can pay this much when you earn less than half of this amount.

The good news is that you can find these jobs in some pretty surprising places.

In an era of unrest and uncertainty, owing largely to the global impact of the covid-19 pandemic, most people are simply trying to get by.

However, it may surprise you that there are still people in the US earning over $500k in a year.

According to the Bureau of Labor Statistics, the average pay in America is roughly $49k annually. There’s not much left when you factor in a few bills and rent.

$500k in a year is a lot of money, and getting there takes years of dedication, hard work, networking, sheer persistence, and talent.

If you are one of those keen on discovering jobs that pay over $500k annually, this is your go-to article.

Those who read this article end up reading; 32 Best Under the Table Jobs that Pay Cash Directly

Are jobs that Pay Over $500k a Year Worth it?

Getting a maximum of over $500k per year is important since it increases your purchasing power, especially if you are switching from a low-wage position.

Getting $500k per year could make a big difference in your life, as it would generate an extra income.

You could purchase essentials like nutritious food, health insurance, and childcare. Yes, jobs paying over $500k per year may be worthwhile.

Where Can You Find Jobs That Pays Over $500k a Year?

Online job sites are one of the most prevalent ways for job seekers to get work possibilities.

These websites serve as digital employment boards with thousands of openings. Here are more specifics on where you may get a job that pays over $500k a year.

Indeed

It is one of the world’s most popular job search engines. Indeed receives about 250 million monthly visitors, according to the company’s official website. As a result, the site has hundreds of thousands of job listings, including some that pay over $500k a year.

Google

This is one of the most well-known organizations in the world, and it has lately entered the recruitment market. Google gathers job postings from all over the internet, regardless of firm size.

This makes it simple for job seekers to find their next job with only a few keystrokes.

LinkedIn Jobs

Although LinkedIn is primarily a social networking site for working people, it also has a job search section. This section connects job searchers with firms that are looking to fill vacancies.

There were approximately 90,000 open $500k a year positions at the time of writing. Even better, you can set up a job alert whenever a related position is added to our site.

Jobs That Pay Over $500k a Year

Here are some jobs that pay over $500k a year:

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#1. Software Designer

A software developer’s job is to create and maintain computer programs. A bachelor’s degree in computer science or a closely related subject is usually required.

Among their primary responsibilities are software development, application debugging, and documentation creation.

This profession is a good fit if you want to make over $500k a year because the average beginning income is $118,167.

These are among Canada’s best jobs that pay over $500k annually.

#2. Manager of Hedge Funds

A hedge fund manager, also known as a portfolio manager, oversees the investment and financial plans of his or her clients.

They make investment decisions for a pool of funds that is often contributed by investors with a certain level of financial acumen or net worth.

They use advanced financial knowledge and analytical skills to develop fund goals and strategies for achieving them.

Other responsibilities of a hedge fund manager include remaining current on government rules and regulations, updating hedge fund members on progress, reviewing investment performance, and offering investment suggestions to clients.

Hedge fund managers charge management and performance fees to their investors or clients, making them some of the highest-paid financial professionals.

This is one of the best jobs that pay over $500k a year in the UK.

Also, a good read: 15 Best-Paying Jobs in Property-Casualty Insurers | 2023

#3. Dermatologist (Doctor of Dermatology)

Dermatologists are experts who specialize in the diagnosis and treatment of skin diseases like acne and psoriasis. This type of specialist is responsible for diagnosing and treating patients with various skin problems.

The most frequent type of dermatology is cosmetic dermatology. It concentrates on treating the cosmetic effects of skin problems.

#4. Oncologist

Doctors that specialize in the treatment of cancer are known as oncologists. An oncologist’s responsibilities include identifying and treating patients with tumors, leukemia, lymphoma, myeloma, and other malignant growths.

They may also be involved in preventing or monitoring cancers before they develop.

Working as an oncologist has a number of advantages, one of which is that it is a satisfying vocation. They make a difference in patients’ lives by helping them overcome their sickness and stay cancer-free for as long as possible.

#5. Development Director

Development Directors are among the top earners in the property industry, with an average compensation of $500k.

Meanwhile, Development Managers make an average of $133-255K per year, while Client-side Project Directors make an average of $179-245K per year.

#6. Accountancy & Finance: Head of Treasury

Heads of Treasury have some of the highest-paying jobs in Canada’s accounting and finance sector.

The average compensation for a Head of Treasury in the United States is over $500,000. Accounting professionals who want to work in treasury management should have at least 10 years of experience in finance, banking, accounting, and/or corporate treasury in-hous

Worth reading: 15 Best-Paying Jobs in Precious Metals | 2023

#7. Marketing Manager

The marketing policies and plans of the organization must be developed, implemented, and delivered by marketing managers. This can take a variety of forms, but the focus will be on strategy rather than implementation.

In addition to a competitive annual salary and benefits package, good marketing managers may be eligible for commissions and bonuses based on sales targets or revenue. A marketing manager can make up to $500k annually

This price may fluctuate greatly depending on your experience and past results till you prove your worth.

#8. Lawyer

lawyers are the highest-paid professionals on the planet. To make a decent income in this sector, you’ll need to study for years, pass various examinations, and pass the bar!

You will be required to represent clients, draft legal documents, and spend significant time advising clients on legal transactions or strategies.

#9. Doctor

A doctor who has just graduated from medical school is a long way from making $500k per year, but it is perfectly conceivable. This hardly suggests that doctors in America are underpaid.

According to Nomad health on Medium, the average salary of a doctor in the United States is a tidy $294k/year. But here’s where it gets interesting: a neurosurgeon earns more than $600,000 per year on average, as do thoracic surgeons and a couple of other specialties like orthopedic surgery.

#10. Anesthesiologist

One of the highest-paid medical-scientific professions in the world is anesthesiologist: the person in charge of sedating a patient during surgical interventions (especially because it entails more risk). As a result, in countries such as the United States, the average annual salary is over $500k.

#11. Surgeon

Surgeons are among the ‘top three,’ a profession that, while it may be threatened in the future by precise robotics, is still one of the highest-paid in the world, especially in the United States, where the average annual wage exceeds $500,000.

See Other High Paying Jobs in 2023; 15 Best-Paying Jobs in Miscellaneous | 2023

#12. Chairman of the Board (CEO)

The highest-ranking executive in a corporation is the CEO or Chief Executive Officer. The CEO is in charge of the majority of the company’s operations, including strategic planning and leadership.

They are responsible for implementing the company’s business strategy in order to generate revenue and offer jobs to all employees.

They also ensure a sufficient supply of products and services at competitive costs, safeguard the company from external dangers and risks, and help it enter new markets. CEOs can make a lot more money than the typical individual.

#13. Investment Banker

The financial market, trading, and stock market experts are investment bankers. With six-figure wages and good benefits such as health care and paid vacation days, investment banking roles are currently one of the most sought-after careers.

A year’s salary for an investment banker might easily exceed $500,000. In addition to high pay, investment banker jobs generally feature attractive perks such as the use of the company automobile or membership in select clubs such as golf courses and country clubs.

Senior positions frequently include stock options, which make them even more appealing to those who intend to stay in their position for an extended period.

Investment bankers are responsible for the issuance of stocks and bonds, as well as advising investors on which firms to purchase or sell in order to raise the value of their portfolios.

You must have great analytical skills as well as a thorough understanding of complex financial markets and company processes to work in this sector.

Because the job is usually done in groups, you must be able to interact well with your coworkers.

This job could require up to 80 hours of work per week and regular travel. This is one of the better possibilities if you want a career that pays $500k per year.

How to Get a Job that Pays over $500k in Canada

Getting a job that pays over $500k requires the following:

Excel in your current position
Make professional connection
Build yourself
Take on additional responsibilities
Research your current salary
Update your resume and apply

Conclusion

$500k a year is not a common salary for any global worker. The positions listed above require more dedication and drive than the average.

They are jobs that demand a lot of effort and time over a lengthy period; they are achievable but difficult. So go ahead and choose one that you like and give it your best.

FAQs

What is a fun job that pays well?

Dieticians, audiologists, technical writers, hydrologists, and geographers are among the jobs that pay between $60,000 and $90,000 and require less stress.

What does a good job look like?

According to most people, a decent job pays well, has appropriate hours, a healthy and safe working environment, and offers benefits such as social insurance.

Which career is the happiest?

Construction workers are the happiest people on the planet for a reason: they do what humans were created to do! The plot moves and uses their bodies, and they get to watch their ideas come to life.

What is a high salary UK?

At the same time, the ONS estimates that the average wage in the UK will be £38,600 in 2020. A person who earns more than £70,000 a year is considered wealthy. Only 5% of all UK earners have this level of income.

Which field is the future?

Technology Sector

Which field is best in world?

Information Security Analyst. U.S. News & World Report ranked information security analysts in the number one spot for best jobs in 2023.
Nurse Practitioner.
Chief Executive Officer.
Petroleum Engineer.
Plastic Surgeon
Neurosurgeon.
Registered Nurse.
Software Engineer