Advertising
Advertising

Top 10 Lucrative Careers in 2016

Top 10 Lucrative Careers in 2016

Many people wake up and head to their offices or any other place of work every day. Everyone wants to get a good job and make big money. However, the hard reality is that this is not always the case for all, some people end up landing low-paying jobs while others are fortunate enough to snatch the big-money deals. Here is list of the top 10 most lucrative careers in 2016 that would stir a craze among job seekers.

1. Dentists

With an annual salary range between $129,506 and $169,569, it is undeniable that being a dentist was one of the best jobs one could get in 2016, while 20.9% of dentists were considered specialists during 2016.[1] Despite the factors surrounding the level of salary for this job, this has been a great deal for dentist workers, especially in the United States.

Advertising

2. Pharmacy Manager

Most workers in this category get to earn about $130,000, which marks it yet another great job for 2016. Pharmacy managers are in charge of compounding and dispensing medications to patients, based on instructions issued by physicians. A Pharmacy Manager is required to have a Doctorate in Medicine and licensure to operate. Looking past 2016, this field is projected to grow 3% within the next ten years.

3. Software Architect

Coming in third, workers in this field earn a base salary of $128,250. These are computer programmers working in design, platforms, and coding standards for a new program or certain software necessary for an organization. It is expected that this job opening will increase by a whole 17% by 2024, according to TechieWord survey last September.

Advertising

4. Data Scientist

This is a new field, coming out of the massive increase in information sharing through the Internet. Even though it’s new, this has turned out to be among the top 10 lucrative careers in 2016, with a data scientist taking home $128,240. This job requires analytical thinking that involves data exploration, challenging questions, understand patterns, and a big dose of creativity to ultimately use data to generate business value. With almost every aspect of today’s life inclining towards the internet, it is apparent that this job will continue to develop even more in the future.

5. Solutions Architect

This job attracts a median base salary of $120,000, making it another big kill in the top 10 lucrative careers of 2016. Additionally, this field’s job openings are expected to increase by 9% in the next ten years, which is faster than the current growth average.

Advertising

6. IT Manager

Just like solutions architects, IT Managers take home around $120,000, which is not a little sum to earn in the corporate world. These are experts in computers and information systems. They are in charge of planning and coordinating computer-based activities in organizations. The job qualification requires a bachelor’s degree in information science or computer.

7. Information Security Analyst

People working in this sector earn $88,890 annual salary. The growth in this field has resulted from the vulnerability of information online as well as companies’ concerns over data safety. Further, this career is expected to grow by 18% by 2024, which is a great chance for prospective workers eyeing this career choice.

Advertising

8. Internet Marketing

This field attracts a tantalizing salary of $80,000 annually. With the number of internet users growing by the day, producers and consumers are looking for more and more ways to meet and exchange products and services. Professionals engaging in this type of occupation have the advantage of a growing job market and a potentially increasing median salary.

9. Audiologist

This is the field for professionals dealing with diagnosing and treating hearing and ear-related problems. An audiologist earns about $73,060, and the industry is expected to grow by 29% by 2024.

10. Personal Injury Lawyer

Although people engaging in this profession do not have a fixed income, it turns out to be among the top 10 lucrative careers in 2016. A personal injury lawyer earns about $73,000 on average. These lawyers deal with lawsuits regarding bodily or mental damage, either from accidents, work-related injuries, or the infamous slip-and-fall cases.[2]

These are just some of the most lucrative jobs in 2016, spanning a broad spectrum of different industries. Whether you are considering a career change or curious as to where the big money is, exploring these lucrative careers is never a bad option. Let’s look forward to 2017 and see how this list changes!

Reference

More by this author

Junie Rutkevich

Game Developer of iXL Digital

8 Things You Should Consider Looking At When Buying A Home, Part 2 Zinc: The Usually Forgotten Micronutrient We Need Daily and Its Food Source How to Make Sure What You Sell Is What the Market Needs 7 Things To Consider Before Hiring An Advertising Agency Is It Necessary To Follow Traffic Rules?

Trending in Career Advice

1 10 Essential Career Change Questions To Ask Yourself This Year 2 10 Job Search Tools Every Jobseekers Need To Know About 3 10 Websites To Learn Something New In 30 Minutes A Day 4 50 Great People To Follow On LinkedIn, No Matter Your Industry 5 If You Have This Key Behavior, You’ll Be More Successful Than 90% Of People

Read Next

Advertising
Advertising
Advertising

Last Updated on February 8, 2019

How to Make a Career Change at 40 and Stop Feeling Stagnant at Work

How to Make a Career Change at 40 and Stop Feeling Stagnant at Work

There are plenty of people who successfully made a career change at the age of 40 or above:

The Duncan Hines cake products you see in the grocery store are a good example. Hines did not write his first food guide until age 55 and he did not license his name for cake mixes until age 73.

Samuel L. Jackson made a career change and starred alongside John Travolta in Pulp Fiction at the age of 46.

Ray Kroc was age 59 when he bought his first McDonald’s.

And Sam Walton opened his first Wal-Mart at the age of 44.

I could keep going, but I think you get the point. If you have a sound mind and oxygen in your lungs, you have the ability to successfully make a career change.

In this article, I’ll look into why making a career change at 40 seems so difficult for you, and how to make the change and get unstuck from your stagnant job.

What’s Holding You Back from Making a Career Change?

There are a flood of amazing reasons to make a career change at 40. Heck, you could argue the benefits of making a career change at any age. However, there is something a little different about making a career change at 40.

When you are 40, you probably have lots of “responsibilities” that come into the decision-making process. What do I mean by responsibilities, you ask?

Responsibilities tend to be our fears and self-doubt wrapped in a bow of logic and reason. You may say to yourself:

  • I have bills to pay and a family to support. Can I afford the risk associated with a career change?
  • What about the friends I have made over the years? I cannot just abandon them.
  • What if I do not like my career change as much as I thought I would? I could end up miserable and stuck in a worse situation.
  • My new career is so different than what I have been doing, I need additional training and certifications. Can I afford this additional expense and do I have the time recoup my investment?
  • The economy is not the best and there is so much uncertainty surrounding a new career. Maybe it would be better to wait until I retire from this company in 15 years, and then I can start something new.

If you have experienced any of these thoughts, they will only pacify you for a short period of time. Whether that time is a few weeks, a few months, or even a few years.

Advertising

Since you know that you prefer to do something else for a living, you start to feel stagnant in your current position.

Your reasons for inaction that used to work are no longer doing the trick. What used to be a small fissure in your dissatisfaction in your current position is now a chasm.

Ideally, you never stay in a situation until that point, but if you did, there is still hope.

4 Tips To Change Your Career at 40

You do not have to feel stagnant in your current role any longer. You can take steps to conquer your fears and self-doubt so you can accomplish your goal of changing your career.

The challenge of changing your career is not knowing where to begin. That feeling of overwhelm and the fear of uncertainty is what keeps most people from moving forward.

To help you successfully change your career at the age of 40, follow these four tips.

1. Value Your Time Above Money

There is nothing more valuable than your time. You are likely receiving a pay-check or two every month that is replenishing your income. Money is something you can always receive more of.

When it comes to your time, when it is gone, it is gone. That is why waiting for the perfect situation to make a career change is the wrong mindset to have.

Realistically, you will never find the perfect situation. There will always be something that could be better or a project you want to finish before you leave.

By placing your time above money, you will maximize your opportunity to succeed and avoid stagnation.

If you feel disconnected when you are at work, understand that you are not alone. According to a Gallup Poll, only 32% of U.S. employees said they were actively engaged at work.[1]

Advertising

Whether you think your talents are not being properly utilized, the politics of promotion stress you out, or you feel called to do something else with your life; the time to act is now.

Do not wait until you retire in another 10 to 20 years to make a career change. Put a plan in place to make a career change now. You will thank yourself later.

2. Build a Network

Making a career change is not going to be easy, but that does not mean it is impossible.

One benefit to being further along in your career is the people you associate with are further along in their career as well.

Even if most of the people in your immediate network are not in your target industry, you never know the needs of the people with whom they associate.

A friend of mine recently made a career change and entered the real estate industry. The first thing he did was tell everyone he knew that he was a licensed real estate agent.

It was not as though he thought everyone he knew was getting ready to sell their home. He wanted to make sure he was in the front of our mind if we spoke to anyone purchasing or selling their home.

You may have had a similar experience with a financial adviser canvasing the neighborhood. They wanted to let you know they were a local and licensed financial adviser. Whether you or someone you knew was shopping for an adviser, they wanted to make sure you thought of them first.

The power of your network being further along in their career is they may be the hiring manager or decision-maker.

You want to let people know you are considering a career move early in the process, so they are thinking of you when the need arises.

Let me put it to you in the form of a question: When is the best time to let people know you have a snow shoveling business?

Advertising

In the summer when there is not a drop of snow on the ground.

Let them know about your business in the summer. Then ask them if it is okay to keep in touch with them until the need arises. Then you want to spend the entire fall season cultivating and nurturing the relationship. As a result, when the winter comes around, they already know who is going to shovel their snow.

If you want to set yourself apart from your competition, start throwing out those feelers before the need arises. Then you will be ahead of your competition who waited until the snow fell to start canvasing the neighborhood.

3. Believe It Is Possible

One of the greatest mistakes people make when they want to try something new, is they never talk to people living the life they want.

If you only talk to friends who have not changed their career in 30 years, what kind of advice do you think they will give you? They are going to give you the advice that they live by. If they have spent 30 years in the same career, they most likely feel stability of career is essential to their life.

In life, your actions often mirror your beliefs. Someone who wants to start a business should not ask for advice from someone who never started one.

A person who never took the risk of starting a business is most likely risk adverse. Consequently, they are going to speak on the fact that most businesses fail within the first five years.

Instead, if you talk to someone who is running a business, they will advice you on the difficulties of starting a business. However, they will also share with you how they overcame those difficulties, as well as the benefits of being a business owner.

If you want to overcome your fears and self-doubt associated with changing your career at 40, you are going to need to talk to people who have successfully managed a career change.

They are going to provide you a realistic perspective on the difficulties surrounding the endeavor, but they are also going to help you believe it is possible.

Studies show the sources of your beliefs include,[2]

Advertising

“environment, events, knowledge, past experiences, visualization etc. One of the biggest misconceptions people often harbor is that belief is a static, intellectual concept. Nothing can be farther from truth! Beliefs are a choice. We have the power to choose our beliefs.”

By choosing to absorb the successes of others, you are choosing to believe you can change your career at 40. On the other hand, if you absorb the fears and doubts of others, you have chosen to succumb to your own fears and self-doubt.

4. Put Yourself Out There

You are most likely going to have to leave your comfort zone to make a career change at 40.

Reason-being, your comfort zone is built on the experiences you have lived thus far. So that means your current career is in your comfort zone.

Even though you may be feeling stagnant and unproductive in your career, it is still your comfort zone. This helps explain why so many people are unwilling to pursue a career change.

If you want to improve your prospects of launching your new career, you are going to need to attend industry events.

Whether these events are local or a large conference that everyone attends, you want to make it a priority to go. Ideally you want to start with local events because they may be a more intimate setting.

Many of these events have a professional development component where you can see what skill-sets, certification, and education people are looking for. Here you can find 17 best careers worth going back to school for at 40.

You can almost survey the group and build your plan of action according to the responses you receive.

The bonus of exposure to your new industry is you may find yourself getting lucky (when opportunity meets preparation) and creating a valuable relationship or landing an interview.

Final Thoughts

Whatever the reason, if you want to change your career you owe it to yourself to do so. You have valuable in-sight from your current career that can help you position yourself above others.

Start sharing your story and desire to change your career today. Attend industry events and build a mindset of belief. You have everything you need to accomplish your goal, you only need to take action.

More Resources About Career Change

Featured photo credit: https://unsplash.com/photos/HY-Nr7GQs3k via unsplash.com

Reference

[1] News Gallup: Employee Engagement In US, Stagnant In 2015
[2] Indian J Psychiatry: The Biochemistry Of Belief

Read Next