Ever wondered which are the best paid jobs in the UK and what it is like to have one of them? The Office for National Statistics (ONS) has released its Annual Survey of Hours and Earnings 2014, so we have taken a look at what you need to land one of the top 10 jobs, and asked people who do them to tell us about the best and worst bits of their working lives.
The survey shows the average (mean) salary of a sample of employed workers who carry out these occupations. The data is taken from their PAYE record – it includes bonuses, but the figures do not cover the self-employed or celebrities who don’t appear on company payrolls.
So, which job attracts the highest pay, which is the most fun, and which, in the words of its spokesman, means you’re seen by colleagues as a “pain in the backside”?
1. Head of a company or organisation
Includes: CEOs and presidents leading organisations of more than 500 people
Average pay before tax: £107,703
Pay range: £25,953 (10th percentile) to £136,779 (80th percentile). Median is £75,237.
Annual change: -8.4%
Best part of the job: Telling everyone else what to do, obviously. Or, as Michael Bruce, the CEO of online estate agent Purplebricks.com, puts it: “Inspiring people to realise their potential.”
Worst part of the job: “Too many meetings,” says John Styring, the CEO of Igloo Books. “Unnecessary admin,” says Neil Everatt, the CEO of the business software company Software Europe. “Making tough decisions,” says Bruce.
How to get there: “Typical requirements are an MBA, 30 years of experience and/or advantageous family connections,” says Sam Cropper, the CEO of Climatecars, an eco-friendly taxi company. “But all I had, when I became CEO at the age of 29, was a drive for progression and a positive outlook on life.” Everatt agrees: “Qualifications are not important – it’s all about experience and attitude.”
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What are the highest paid jobs of 2014?
Posted on November 30, 2014