What is the highest paying salary in the world? This may not sound too difficult to answer, but as we will see, this question is much more complex than it appears. With that said, let’s start off with some videos to get your mind’s going!
highest paying salary in the world
Petroleum Engineer
Petroleum engineers work with geologists and other specialists to find oil or natural gas reservoirs. As a petroleum engineer, you’ll need to ensure that drilling and production methods are properly followed to achieve the maximum extraction of resources. A bachelor’s degree in engineering can often lead to some of the highest-paying entry-level engineering positions in the country. The U.S. Bureau of Labor Statistics (BLS) reported that the median annual salary for petroleum engineers was $137,330 as of May 2020 (www.bls.gov).
Marketing Manager
Marketing managers must devise ways to effectively sell a particular product. This job requires business skills and strategic thinking since you must determine the best markets to promote a product in order to maximize profits.
The BLS reported that you might find a marketing management job with a bachelor’s degree in business or marketing, although some employers request that applicants hold a graduate degree. Marketing managers earned an annual median salary of $142,170 as of May 2020.
Chemical Engineer
Chemical engineers are involved in the chemical creation, design, and testing of various products. If you enter this occupation, you’ll look at chemicals from a scientific, mathematical and business point of view. According to the BLS in May 2020, the median salary for chemical engineers was $108,540 annually.
Sales Manager
Sales management is another high-paying career that you can potentially enter with a bachelor’s degree in business, marketing or management. Sales managers must oversee a staff of sales representatives and organize their campaigns to ensure that products are pitched to customers properly and effectively.
Since sales managers must work closely with their staff, some employers want managers to hold prior experience as salespeople. The BLS reported that sales managers made a median wage of $132,290 per year as of May 2020.
The search for the highest paying salary in the world is a challenging job. Salary differs from country to country and even city to city. There are many factors that determine salary. These factors include taxation, cost of living, job market, skillset and what work a person does. The search for the highest paying salary in the world requires a thorough research on the conditions mentioned above. But here I will show you what type of work jobs pay highest salaries in different parts of the world.
