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6 most highest paid jobs

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Reply 20

bep

You may want to do some more research on the IT market. From what I can see the market is flooded.

Reply 21

bally

In australia, Visiting medical officers get $212 per hour =/

Howard

I have to agree. It's silly trying to describe Company CEO as a "job" A CEO can earn nothing or a couple hundred million a year. Pointing out great exceptions to the rule "specialist doctor in Australia" :rolleyes:

isn't really very helpful.

Having said that I suppose it's also silly to generalize too much. I note with interest that I earn more than a UK medical practitioner and I work in the construction industry.

All specialists earn around $350 000 + in the public system. 2-4 times that when they are locuming, and when they go private - i have no idea.

And if you say living in australia is a great exception, it's where I live 'duh' hence me talking about wages here.

Reply 22

v2006

It is funny how people say there is a skills shortage in the IT market. Computer science is the third/fourth? most popular subject at university

Reply 23

CityMonkey

The highest earning hedge fund traders earn over $1 billion a year. That is more than anything I have heard of, unless you are talking about entrepreneurs, but even then they are not liquid, hedge fund traders hold this much in hard cash. For example, recently I read an interview with Larry Ellison, who is worth $18bn, and he said that he 'only' has $2bn of it in cash, the rest is Oracle stock.

Reply 24

CityMonkey

wawrwinka

Wouldn't the difference here be that being a hedge fund trader requires hard work day in day out for your whole career, and to put it simply it may not be fun or sustainable for many years. However someone like Larry Ellison probably could take a month of whenever he wishes, has more varied work, and can stay in it much longer. I don't know myself, but I can't imagine a hedge fund trader earning $1billion for say ten years on the trot, can they?

I think the top 10 list of the hedge fund traders where they are earning in this order of magnitude has be fairly consistent for the past few years, IIRC, but anyway it also depends on the market, e.g. Meriwether and his clan back in the 90s.

Of course, people like Ellison can let their companies go, but in a majority of cases they don't and for sure they are worth more, but for most of the billionaire people you read about, a large chunk of it is in illiquid assets, and they couldn't not snap their fingers and liquidate it. Using the Ellison example, he calculated that if he tried to dump all his Oracle stock this minute, the price of each share would hit 0. For him to get all the cash, it would be a process of selling his stake either to someone willing to buy it completely at market price (v. unlikely) or a slow process of selling shares in small blocks.

Anyway, the title of the thread was really 'highest paid jobs', entrepreneurs like Gates, Branson etc aren't exactly employees.

Reply 25

hang_your_heart

PortfolioManager

Look. this question is flawed. Every single sector you can make top money if you become the main man, CEO, head, etc. Every type of business is respectable when you are at the top. If you talking about starting graduate salaries, then investment banking beats them all.

Very true.

And I don't mean to be pedantic but "most highest" is not grammatically correct. "Most highly" or "highest".

Reply 26

bally

MonteCristo

There is very little someone chance that someone will be that big/earn that much.

Btw I suspect it was you Howard...according to the time you last posted and the time of the neg rep. Thanks for the neg rep. Insecurity perhaps?

Btw you are generalising too, wtf is a uk medical practitioner ? A GP, CMO, Surgeon ?

Reply 27

CityMonkey

bally

There is very little someone chance that someone will be that big/earn that much.

Well it depends on how good they are, I am not sure that 'chance' has that much to do with it. But anyway, the question was about the highest paid jobs, and you can assume the it also meant 'notwithstanding how likely it is to make that much'.

Reply 28

Howard

bally

Btw you are generalising too, wtf is a uk medical practitioner ? A GP, CMO, Surgeon ?

I don't know. I suggest you ask the author of this article since that is what I am referring to.

http://www.thisismoney.co.uk/news/ar...2&in_page_id=2

Reply 29

Schott

I know a couple who are 31 and already self-made millionaires. I think they work in investment and property. It makes me sick lol.

Reply 30

CityMonkey

tony_ron

I know a couple who are 31 and already self-made millionaires. I think they work in investment and property. It makes me sick lol.

Why? (This is a serious question by the way). I never understand why people say "this person is so rich it makes me sick.." like everyone who makes money does so by doing something illegal or taking advantage of others or earnt through some other ill perceived road to riches.

Reply 31

eksman

The money in the world comes from production. You can work in services all you want but you'll still be essentially helping someone else make money. And being a self-made millionaire - that's not hard these days its not a huge amount of money.

Reply 32

Schott

I was being humourous, hence the 'lol'. Just incredibly jealous haha. Good on them for doing it but wish it would happen to me! I live in hope.

Reply 33

sakurawings

well, law is good, unless you are in great debt from your uni tuitions and desperately trying to find a job. At least with doctors and all, you don't have to invest in a wig, but if you like the subject, then it's a different matter-an example i heard somewhere

Reply 34

Axiom

I sincerely hope people don't solely base their future career path on the pay packet they're going to receive every month.

Reply 35

leeming

bikerx23

If you took all CEO's, there would be a lot of small firms dragging the average down, but if you were the CEO of, say, Mars. inc., you would be one of the richest men on earth.

You would also be one of the richest men of Mars also! lol sorry couldn't resist.

It is funny how people say there is a skills shortage in the IT market. Computer science is the third/fourth? most popular subject at university

Don't know if its that popular, but its annoying seeing that every one complains about lack of IT workers, when there isn't a shortage at all

Reply 36

mr_tomus

leeming

Don't know if its that popular, but its annoying seeing that every one complains about lack of IT workers, when there isn't a shortage at all

Computer science isn't any where near that popular, its just ends up being classed as popular because all the mickey mouse courses at rubbish unis like a degree in web design get put under the "computer science umbrella". The lack of IT workers stories come from the lack of people that have the technical know how for programming and proper computer science applications. It is certainly not true that there is a lack of people doing basic IT support jobs.

Reply 37

frankie_sez_relax

i love these threads too

Reply 38

frankie_sez_relax

Dont know why i said that ^^^^^

Just thought u'd like to know :-)

Reply 39

Brown Patrick Bateman

Fleece

Dunno, according to that website (thisismoney.co.uk)

TOP EARNERS: Doctors saw their salaries rise 20% to £81,744 last year making theirs the second-best paid job in Britain

These salary surveys are useless because they only take into consideration basic salary, when for a lot of jobs (eg most sales jobs) your performance-based commission can be more than 100% your salary. That table ranks brokers 3rd at £81k, even though brokers with a few years experience will be earning several times that with bonuses.