According to ONS (2016) the number of people in work increased and the number of unemployed people decreased between April to June 2016 and July to September 2016. However, not all the jobs are well-paid. Likewise, not all the jobs are suitable for everyone. Some jobs require candidates to have a university degree or a handful of GCSEs. In addition, self-motivation and willingness to learn are highly sought after by all employers. But, one of the most important questions is ‘Are the jobs well-paid’? This mini article outlines 5 well-paid jobs in the UK.
5 Well-paid jobs in the UK
Teaching is a well-paid job. You can teach in schools, colleges, and universities; however, you must have relevant qualifications and experience to qualify for the job. The starting salary is usually £22,023 (or £27,543 in inner London). Head teachers can reach a salary of between £42,232 and £114,437.
The UK is famous for Information Technology. Many domestic and foreign companies are heavily investing in the IT sector. So, great opportunities are out there! IT managers usually earn between £30,240 and £76,335. You will be expected of having a relevant university degree to get the job. However, if you have substantial experience in the field, the degree requirement will be easily compromised.
Marketing is a creative field; hence financially rewarding. Marketing managers (also called marketing directors) earn between £24,000 and £104,636. You must have experience to be a marketing manager. Many employers also require the candidates to have a formal business/marketing degree. A professional qualification from the Chartered Institute of Marketing can give you a competitive advantage over other candidates.
London is the financial capital of Europe. Consequently, there are many opportunities in the field of finance. Finance managers usually earn between £25,000 and £55,504. Professional qualifications from AAT, IFA, and other relevant professional bodies are the usual requirement. Alternatively, a university degree in business/finance/accounting will meet the requirement. Don’t forget the relevant experience!
Lawyers earn a lot of money. In fact, some of the best paid jobs are in the legal field. Usual starting salary for a lawyer is £35,000. Experienced lawyers earn more than £60,000 a year. Experienced barristers earn between £225,000 and £750,000 per annum. You must have a qualifying law degree, LPC/BPTC, and experience to practice in the field of Law. However, the requirements may be relaxed for practitioners in some legal fields.
Please note that the figures mentioned above may vary depending on the companies you would like to work for. Likewise, different authorities and organisations come up with different figures based on their own research. However, you should refer to The Office for National Statistics (ONS) for more up-to-date and accurate information.
The article publication date: 19 February 2017
ONS (2016) UK labour market: Nov 2016, available at https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/november2016 (Accessed 12 January 2017)
Photo credit: pixabay.com
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Author: Joe David
Joe David has years of teaching experience both in the UK and abroad. He writes regularly online on a variety of topics. He has a keen interest in business, hospitality, and tourism management. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management.