Top 10 Highest Paid Professions 2021 – Germany
Posted on January 5, 2021
If you are planning on an overseas career in Germany, the good news is that Germany has a lot of job opportunities and is also facing a skills shortage as per recent reports. By 2030 Germany is expected to have a skills shortage of at least 3 million workers. This trend is expected to continue in 2021 and beyond. So, what are the highest paying professions that will be in demand in Germany in 2021.
Highest paying jobs will be in the engineering, mechanical, electrical and IT fields. The healthcare sector will see more demand for nurses and caregivers, owing to the increase in the aging population in the country. Other fields that promise high-paying jobs include automobile manufacturing, shipbuilding, textiles, telecom industry, and travel and tourism.
According to CEDEFOP, European Center for the Development of Vocational Training, which created a Skills Forecast for Germany up to 2025, employment growth is expected to be in business and other services.
The report says around 25% of the job opportunities will be for highly paid professionals.
Here is a list of the top ten highest paid professionals in Germany for 2021:
1. Sales managers
The expected rapid growth in sales and the retail sector will create more opportunities for sales professionals.
The primary requirement for the job is to consider the needs of the market and think of strategies to more effectively enter the market.
Qualification required – Masters in Sales and Management
Average annual salary – €116,000
2. Healthcare professional
Germany is expected to have a shortage of healthcare professionals in the coming years. Individuals with a foreign degree in medicine can move to the country and get a license to practice medicine here. Applicants from both EU and non-EU countries can obtain a license to practice in Germany. But their degree must be equal to the medical qualification in Germany.
Qualification required- Masters in Medicine/Medicinal industry
Average annual salary– €58,000
3. Biotechnology & Neuroscience Researchers
Neuroscience and biotechnology researchers have the benefit of high-paying incomes across countries, applying their expertise to many forms of precautionary research.
Qualifications required- Masters in Biotechnology/Neurosciences
Average Annual Salary- € 50,000
4. IT & Data Science Experts
With the Internet being the marketing hub, IT industries have increased steep demand for professional developers to cater to the first-world brand awareness initiatives. IT and data science employment have demonstrated higher-than-average annual wages for professionals catering to these needs in the digital world.
Qualification required– Masters in Computer Science/Data Science
Average annual salary – €47,000
5. Engineering professions
The following fields in engineering are expected to have a high number of vacancies. A university degree in any of these engineering fields will have good career prospects:
- Structural engineering
- Computer science engineering
- Mechanical engineering
- Electrical engineering
- Automotive engineering
Qualification required–Masters in Electrical/Hydro/Mechanical and other engineering fields
Average annual salary – €46,000
6. Finance & Accounting Professionals
Managing companies and accounting is a tedious job to accomplish, and you can never excel in your company’s financial planning if you are not aware of the accounting principles. So, companies employ these trained financial officers to handle their business finances.
Qualifications required- Master of Finance/Economics
Average Annual Salary- €44,000
As Germany focuses intensively on education for the sake of a promising future generation, it requires well-trained, qualified teachers. This could be where educators like you could fulfil this demand.
Qualifications required- Masters in Education
Average Annual Salary- €40,000
8. Marketing professionals
Marketing professionals have also seen rapid demand as new businesses continue to grow. So, maintaining wealth and appropriate brand recognition has become the sole key to success in business.
Qualifications required- MBA
Average Annual Salary- € 32,000
9. Tourism& Hospitality Professionals
Due to its cultural heritage and tourism, Germany has become an engaging tourism place, the sector has got a lot richer with more and more people venturing across German territory. With demand, wages have also experienced a small increase.
10. Researchers in MINT – Mathematics, Information technology, Natural sciences, and Technology
Individuals with degrees in mathematics, information technology, natural sciences, and technology (MINT) will have job opportunities in the private sector and research institutes.
Qualifications required- Masters in relevant subject
Average Annual Salary- € 50,000