Biden’s infrastructure plan includes massive investments in care for children and the elderly. Here’s how much workers in those jobs are paid.

home caregiver
  • Biden’s infrastructure spending plan includes $400 billion for elderly and disabled care.
  • Insider looked at the typical pay of five different caregiving jobs.
  • Home health and personal care aides made a median salary of $27,080 in May 2020.
  • See more stories on Insider’s business page.

Caregivers, like home health aides and personal care aides, are a big component of President Joe Biden’s infrastructure plan.

But many of the people responsible for caring for America’s most vulnerable make less than the median annual salary of all occupations. The Bureau of Labor Statistics’ Occupational Employment and Wage Statistics program provides May 2020 data for almost 800 different detailed occupations.

Insider decided to look at five different kinds of jobs that provide care to children, disabled Americans, and the elderly to see how much these jobs typically pay.

For our set of care jobs we looked at caregivers, childcare workers, and various nurses and medical professionals who may provide basic care in addition to other responsibilities. For instance, we included licensed practical nurses whose duties range from checking blood pressure to helping the elderly or other patients eat.

The following chart highlights the median annual salaries of five different kinds of caregiving jobs:

Four of the five occupations in the chart made less than the median annual salary of all occupations in May 2020 of $41,950.

Licensed practical and licensed vocational nurses made a median annual salary of $48,820, the highest pay among the selected caregiving occupations we looked at. There were 676,440 licensed practical and licensed vocational nurses in May 2020 with a large number of these workers in nursing care facilities.

There were over 3.2 million home health and personal care aides in May 2020 with a median annual salary of $27,080 per data from BLS. BLS notes that personal care aides are sometimes referred to as caregivers or personal attendants and a lot of these workers work at patients’ homes to help assist them with daily tasks.

The American Jobs Plan includes $400 billion for “expanding access to quality, affordable home- or community-based care for aging relatives and people with disabilities,” according to a White House press release about The American Jobs Plan.

The press release adds that this includes “offering caregiving workers a long-overdue raise,” citing that home caregivers currently make a $12 hourly wage. Insider’s Patricia Kelly Yeo wrote that the $12 rate refers to home care workers of home health aides, nursing assistants, and personal care aides.

Childcare workers typically make $25,460, and 494,360 were employed in May 2020. Biden’s infrastructure plan includes investing $25 billion toward upgrading childcare facilities and adding more in places that need these services.

Politico notes that the American Jobs Plan, or the first part of the infrastructure proposal, doesn’t include an increase in wages for childcare workers mentioned in his campaign, but that could be included in the second part. Insider’s Joseph Zeballos-Roig and Juliana Kaplan reported that this second plan is called the American Families Plan and will focus on social infrastructure, including childcare reform.

The billions of dollars in spending aimed at improving the care economy could add millions of jobs. Insider’s Juliana Kaplan wrote that the combined $775 billion for childcare, home healthcare, and residential care could create 5.3 million jobs in 18 states over a decade according to research from University of Massachusetts, Amherst. Additionally, the billions in spending would be beneficial for women in the workplace; the White House press release notes caregivers are disproportionately made up of women of color.

“These investments will help hundreds of thousands of Americans finally obtain the long-term services and support they need, while creating new jobs and offering caregiving workers a long-overdue raise, stronger benefits, and an opportunity to organize or join a union and collectively bargain,” the White House said in a press release about how this plan can benefit caregivers.

Read the original article on Business Insider

The 30 highest-paying jobs in California

Airport LAX busy airplane
Airline pilots, copilots, and flight engineers are one of the highest-paying jobs in California where they earn $229,110 a year.

  • California has an economy bigger than that of most countries.
  • Using wage data from BLS, we found the occupations with the highest average salaries in California.
  • The following are the 30 highest-paying jobs in the Golden State.
  • See more stories on Insider’s business page.
30. Computer hardware engineers

computer hardware

Average annual salary: $153,730

Number of people employed in California: 15,140

What they do, according to O*NET: Research, design, develop, or test computer or computer-related equipment.

29. Human resources managers

human resources

Average annual salary: $154,030

Number of people employed in California: 22,420

What they do, according to O*NET: Plan, direct, or coordinate human resources activities and staff of an organization.

28. All other managers, personal service managers, and all other entertainment and recreation managers

business meeting

Average annual salary: $154,690

Number of people employed in California: 71,660

This is a catchall category on BLS for managers that combines 2018 Standard Occupational Classification codes of entertainment and recreation managers, all other personal service managers, and all other managers.

27. Compensation and benefits managers

Spreadsheet and Calculator

Average annual salary: $155,130

Number of people employed in California: 1,940

What they do, according to O*NET: Plan, direct, or coordinate compensation and benefits activities of an organization.

26. Advertising and promotions managers

advertising agency advertising manager business meeting

Average annual salary: $158,820

Number of people employed in California: 2,270

What they do, according to O*NET: Plan, direct, or coordinate advertising policies and programs as well as create posters, contests, and other similar promotions for a product or service.

25. Nurse midwives

nurse midwife and nurse at doctor's office

Average annual salary: $159,590

Number of people employed in California: 1,010

What they do, according to O*NET: Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team.

24. Dentists

dentist

Average annual salary: $160,300

Number of people employed in California: 12,040

What they do, according to O*NET: Examine, diagnose, and treat diseases, injuries, and malformations of teeth and gums.

23. First-line supervisors of police and detectives

police supervisor

Average annual salary: $161,250

Number of people employed in California: 5,040

What they do, according to O*NET: Directly supervise and coordinate activities of members of police force.

22. Financial managers

bank banker office

Average annual salary: $162,650

Number of people employed in California: 92,670

What they do, according to O*NET: Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

21. Marketing managers

marketing manager

Average annual salary: $176,940

Number of people employed in California: 42,140

What they do, according to O*NET: Plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers.

20. Lawyers

lawyers

Average annual salary: $179,470

Number of people employed in California: 84,160

What they do, according to O*NET: Represent clients in criminal and civil litigation and other legal proceedings, draw up legal documents, or manage or advise clients on legal transactions.

19. Astronomers

astronomy Los Angeles, California on 04/01/2018 crowd of people outside of Griffith Observatory
Griffith Observatory in Los Angeles.

Average annual salary: $181,360

Number of people employed in California: 340

What they do, according to O*NET: Observe, research, and interpret astronomical phenomena to increase basic knowledge or apply such information to practical problems.

18. Architectural and engineering managers

architectural engineer

Average annual salary: $188,940

Number of people employed in California: 36,100

What they do, according to O*NET: Plan, direct, or coordinate activities in such fields as architecture and engineering, or carry out research and development in these fields.

17. Judges, magistrate judges, and magistrates

Inyo county California courthouse

Average annual salary: $195,700

Number of people employed in California: 1,650

What they do, according to O*NET: Arbitrate, advise, adjudicate, or administer justice in a court of law.

16. Orthodontists

dentist dental

Average annual salary: $197,710

Number of people employed in California: N/A

What they do, according to O*NET: Examine, diagnose, and treat dental malocclusions and oral cavity anomalies. 

15. Computer and information systems managers

computer servers

Average annual salary: $198,210

Number of people employed in California: 81,760

What they do, according to O*NET: Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

14. Natural sciences managers

mars rover

Average annual salary: $202,570

Number of people employed in California: N/A

What they do, according to O*NET: Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, and statistics, and carry out research and development in these fields.

13. Oral and maxillofacial surgeons

dentist oral surgery surgeon

Average annual salary: $204,920

Number of people employed in California: 560

What they do, according to O*NET: Perform surgery and related procedures on the hard and soft tissues of the oral and maxillofacial regions to treat diseases, injuries, or defects.

12. Nurse anesthetists

Anesthesiologist Anesthesiology patient hospital surgery doctor physician

Average annual salary: $205,360

Number of people employed in California: 1,710

What they do, according to O*NET: Administer anesthesia, monitor patient’s vital signs, and oversee patient recovery from anesthesia.

11. Dentists, all other specialists

A dentist performs a dental examination.
A dentist performs a dental examination.

Average annual salary: $205,860

Number of people employed in California: 440

What they do, according to O*NET: This is a catchall category for dentists not listed in some other occupational group.

10. Anesthesiologists

anesthesiologist

Average annual salary: At least $208,000*

Number of people employed in California: 3,500

What they do, according to O*NET: Physicians who administer anesthetics prior to, during, or after surgery or other medical procedures.

*BLS does not have an exact wage estimate for this occupation.

9. General internal medicine physicians

internist doctor physician

Average annual salary: $210,620

Number of people employed in California: 3,000

What they do, according to O*NET: Physicians who diagnose and provide non-surgical treatment of diseases and injuries of internal organ systems.

8. Pediatricians

pediatrician baby doctor family

Average annual salary: $212,990

Number of people employed in California: 3,250

What they do, according to O*NET: Physicians who diagnose, treat, and help prevent children’s diseases and injuries.

7. Family medicine physicians

PANORAMA CITY, CA - JANUARY 28: Dr. Jason Greenspan (L) and emergency room nurse Junizar Manansala care for a patient in the ER of Mission Community Hospital where doctors held a press conference outside on a class action lawsuit against the state of California by a coalition of emergency room physicians claiming that without additional funding, the entire emergency healthcare system is on the verge of collapse on January 28, 2009 in Panorama City, California. According to the coalition, the cost of providing emergency room treatment has nearly doubled over the past decade and patient load increased by more than 28 percent while Medi-Cal reimbursements have remained largely unchanged. During that time, 85 California hospitals in California have closed and an additional 55 facilities have shut down their emergency rooms. California now reportedly ranks worst in the nation for access emergency care and last in emergency rooms per capita. California has seven emergency rooms per million people while the national average is 20 emergency rooms per million people. (Photo by David McNew/Getty Images)
Doctors performing on a patient.

Average annual salary: $215,860

Number of people employed in California: 10,920

What they do, according to O*NET: Physicians who diagnose, treat, and help prevent diseases and injuries that commonly occur in the general population.

6. Chief executives

Sundar Pichai

Average annual salary: $218,700

Number of people employed in California: 30,150

What they do, according to O*NET: Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body.

5. Physicians, all other, and ophthalmologists

dermatologist
Dermatologist Dr. Deanne M. Robinson and a patient.

Average annual salary: $226,200

Number of people employed in California: 30,800

What they do, according to O*NET: This is a catchall category for specialized doctors not listed in some other occupational group. Some specialties include dermatologists, hospitalists, ophthalmologists, and urologists.

4. Airline pilots, copilots, and flight engineers

Airport LAX busy airplane
Airline pilots, copilots, and flight engineers are one of the highest-paying jobs in California where they earn $229,110 a year.

Average annual salary: $229,110

Number of people employed in California: 10,170

What they do, according to O*NET: Pilot and navigate the flight of fixed-wing, multi-engine aircraft, usually on scheduled air carrier routes, for the transport of passengers and cargo.

3. Surgeons

Surgery

Average annual salary: $229,430

Number of people employed in California: 4,790

What they do, according to O*NET: Physicians who treat diseases, injuries, and deformities by invasive, minimally invasive, or non-invasive surgical methods.

2. Obstetricians and gynecologists

Obstetrician gynecologist

Average annual salary: $235,610

Number of people employed in California: 1,440

What they do, according to O*NET: Physicians who provide medical care related to pregnancy or childbirth and those who diagnose, treat, and help prevent diseases of women, particularly those affecting the reproductive system.

1. Psychiatrists

Psychiatrist

Average annual salary: $245,000

Number of people employed in California: 3,970

What they do, according to O*NET: Physicians who diagnose, treat, and help prevent disorders of the mind.

Method and data source

California is one of the largest economies in the world, with a gross domestic product bigger than that of most countries.

Using data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates program, we found the 30 jobs with the highest average annual salaries in California. To do this, we looked at the 765 detailed occupations that had average annual wage data available for the state in May 2020, the most recently available data.

Similarly to our recently published list of the highest-paying jobs in the US, medical occupations were top earners. Eight of the top 10 highest-paying jobs in the state are various medical and dental specializations.

Average annual salaries and number of people employed in each occupation are from BLS’ May 2020 estimates. Where available, we also included a brief description of what workers in the occupation do, from the Department of Labor’s O*NET Online occupational database.

Read the original article on Business Insider

Here’s how much workers are paid at America’s amusement parks

Universal Studios in Orlando, Florida
Visitors attend the Universal Studios theme park first day of reopening from the coronavirus pandemic, on June 05, 2020 in Orlando, Florida.

17. Waiters and waitresses make an annual salary of $22,940.

restaurant waiter

Total employed in US amusement parks and arcades: 2,110

What they do, according to O*NET: Waiters and waitresses take orders from customers and serve food and drinks at restaurants or cafes.

16. Lifeguards, ski patrol, and other recreational protective service workers make an annual salary of $23,550.

lifeguard
A lifeguard runs into the water to rescue a youth that was calling for help in heavy surf due to being caught in a rip current on the Windward side of Oahu, Hawaii.

Total employed in US amusement parks and arcades: 5,330

What they do, according to O*NET: Lifeguards, ski patrol, and other recreational protective service workers make sure people are safe in amusement parks, whether they’re in the pool or on the slopes.

15. Fast food and counter attendants make an annual salary of $24,060.

cafeteria

Total employed in US amusement parks and arcades: 11,980

What they do, according to O*NET: Counter attendants serve food to customers from counters or steam tables. This job category includes cafe servers, cafeteria workers, and snack bar attendants.

14. Amusement and recreation attendants make an annual salary of $24,310.

Universal Studios in Orlando, Florida
Visitors attend the Universal Studios theme park first day of reopening from the coronavirus pandemic, on June 05, 2020 in Orlando, Florida.

Total employed in US amusement parks and arcades: 28,640

What they do, according to O*NET: Amusement and recreation attendants operate amusement concessions, kiosks, or rides, and maintain amusement park supplies and equipment.

13. Recreation workers make an annual salary of $24,320.

amusement theme park worker

Total employed in US amusement parks and arcades: 1,410

What they do, according to O*NET: Recreation workers organize and promote activities, including arts and crafts, sports, games, music, and other social activities.

12. Maids and housekeeping cleaners make an annual salary of $24,340.

housekeeping

Total employed in US amusement parks and arcades: 2,580

What they do, according to O*NET: Maids and housekeeping cleaners’ duties may include cleaning rooms, making beds, and vacuuming.

11. Cashiers make an annual salary of $25,110.

Walt Disney World Resort

Total employed in US amusement parks and arcades: 4,990

What they do, according to O*NET: Cashiers handle customers’ money using cash registers or scanners. 

10. Janitors and cleaners make an annual salary of $25,350.

janitor

Total employed in US amusement parks and arcades: 3,620

What they do, according to O*NET: Janitors and cleaners keep buildings clean and orderly using equipment ranging from brooms and mops to carpet cleaners and floor waxers.

9. Concierges make an annual salary of $28,110.

hotel reception

Total employed in US amusement parks and arcades: 1,040

What they do, according to O*NET: Concierges assist patrons with personal services, such as business services.

8. Restaurant, lounge, and coffee shop hosts and hostesses make an annual salary of $28,820.

restaurant host hostess

Total employed in US amusement parks and arcades: 1,300

What they do, according to O*NET: Host and hostesses welcome patrons, seat them at tables or in lounge, and help ensure quality of facilities and service.

7. Security guards make an annual salary of $30,440.

security guard black friday

Total employed in US amusement parks and arcades: 2,790

What they do, according to O*NET: Security guards monitor premises to prevent people from breaking the rules.

6. Transit and intercity bus drivers make an annual salary of $30,530.

bus driver

Total employed in US amusement parks and arcades: 1,000

What they do, according to O*NETThey drive buses and may assist passengers.

5. Customer service representatives make an annual salary of $31,040.

customer service representative

Total employed in US amusement parks and arcades: 1,760

What they do, according to O*NET: Customer service representatives assist customers with questions or complaints, either in person or over the phone.

4. Landscaping and groundskeeping workers make an annual salary of $32,280.

Gardener
A gardener irrigates a facility with imperial crowns on the grounds of the Brandenburg State Garden Show.

Total employed in US amusement parks and arcades: 1,470

What they do, according to O*NET: Landscaping and groundskeeping workers take care of lawns, plants, and trees. Their duties include sod laying, mowing, trimming, planting, and watering, along with keeping the area free of general trash and debris.

3. First-line supervisors of personal service and entertainment and recreation workers make an annual salary of $39,900.

hotel maid

Total employed in US amusement parks and arcades: 2,650

What they do, according to O*NET: First-line supervisors of personal service workers coordinate personal service workers like make-up artists, caddies, or maids.

2. Maintenance and repair workers make an annual salary of $40,200.

amusement theme park worker

Total employed in US amusement parks and arcades: 2,440

What they do, according to O*NET: Maintenance and repair workers make sure mechanical equipment is running smoothly. This includes pipe fitting, boiler repairs, welding, carpentry, and other general building repairs.

1. First-line supervisors of food preparation and serving workers make an annual salary of $41,540.

how much to tip waiter

Total employed in US amusement parks and arcades: 1,240

What they do, according to O*NET: First-line supervisors of food preparation and serving workers coordinate workers to ensure efficient customer service.

Method and data source

The salaries of amusement park workers in the US vary widely. The Bureau of Labor Statistics’ Occupational Employment and Wage Statistics program offers data on employment and wages across different occupations and industries.

According to BLS, the amusement parks and arcades industry employed about 125,250 people in May 2020, the most recent period for which data is available. The typical annual wage for all occupations in this industry is lower than the median for all occupations regardless of industry. The median annual wage in the amusement parks and arcades industry was $27,300, far below the median across all industries of $41,950.

For our analysis, we looked at the occupations with at least 1,000 employees in the amusement parks and arcades industry in May 2020. We then ranked this set of occupations from the lowest to highest median annual wage. We excluded sales representatives of services because although they had at least 1,000 employees, no median annual salary estimate was available for May 2020. 

In addition to the annual salaries, the above slides also include the number of people employed in each occupation in this industry.

Read the original article on Business Insider

This map shows the highest-paying job in every state, excluding doctors

Doctors earn a lot of money across the board, but other professions can also pay well.

Medical doctors of various specializations are the highest-paying job in many US states, including Washington, Colorado, and Maine. Insider took a look at the highest-paying job in each state and DC outside of the medical field.

For our analysis, we looked at occupations for which the Bureau of Labor Statistics reported at least 1,000 employees in the state with the highest average salary in 2020, the most recent year that data is available. The data comes from the Bureau of Labor Statistics’ Occupational Employment and Wage Statistics program (previously the Occupational Employment Statistics program) and excludes several professions for medical doctors and dentists.

To get a sense of what occupations, other than doctors, are well paid across the US, we excluded family medicine physicians, surgeons, dentists, anesthesiologists, general internal medicine physicians, obstetricians and gynecologists, psychiatrists, and all other general physicians.

Chief executives dominate the non-medical occupations; this occupation is the highest-paying job in 19 states and Washington DC. Airline pilots, co-pilots, and flight engineers are the top-paying jobs other than doctors in six states.

Below we included the 11 different high-paying jobs across the US, apart from doctors, in alphabetical order. We also included their mean annual salary in each state and Washington DC.

Airline pilots, copilots, and flight engineers

pilot

What they do, according to O*NETPilot and navigate aircrafts.

Alaska: $180,100

California: $229,110

Colorado: $200,040

Florida: $229,730

Michigan: $248,770

Nevada: $236,260

Architectural and engineering managers

architectural engineer

What they do, according to O*NETPlan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

Hawaii: $154,070

Idaho: $151,950

Louisiana: $157,800

New Hampshire: $158,100

New Mexico: $172,910

Chief executives

Jamie Dimon, the chief executive of JPMorgan.
Jamie Dimon, the chief executive of JPMorgan.

What they do, according to O*NET: Develop policies and provide overall direction of companies or other organizations.

Alabama: $174,910

Arizona: $178,890

District of Columbia: $253,820

Illinois: $225,710

Indiana: $166,390

Kansas: $162,510

Kentucky: $162,670

Maine: $152,620

Massachusetts: $231,260

Missouri: $176,430

Nebraska: $197,850

New York: $218,720

North Carolina: $220,940

Ohio: $195,200

Pennsylvania: $227,250

Texas: $239,060

Utah: $158,730

Virginia: $236,820

Washington: $243,150

Wisconsin: $185,450

Computer and information systems managers

computer programmer

What they do, according to O*NET: Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

Georgia: $148,760

Iowa: $126,740

Maryland: $158,630

New Jersey: $191,120

Financial managers

sales manager

What they do, according to O*NETPlan, direct, or coordinate financial activities.

Connecticut: $170,500

Delaware: $176,630

North Dakota: $140,740

Rhode Island: $169,070

Vermont: $112,700

General and operations managers

business

What they do, according to O*NET: Plan, direct, or coordinate the activities of public or private organizations.

South Dakota: $131,890

Wyoming: $101,060

Health specialties teachers, postsecondary

lecture class college

What they do, according to O*NET: Teach courses in health specialties, in fields such as dentistry and public health.

Mississippi: $162,670

Oregon: $169,060

Nurse anesthetists

nurse anesthetist

What they do, according to O*NETAdminister anesthesia, monitor patient’s vital signs, and oversee patient recovery from anesthesia.

Minnesota: $216,050

South Carolina: $185,850

Tennessee: $171,020

Petroleum engineers

petrolum engineer

What they do, according to O*NET: Devise methods to improve oil and gas extraction and production.

Oklahoma: $156,390

Pharmacists

pharmacist

What they do, according to O*NET: Dispense drugs prescribed by physicians and other health practitioners and provide information to patients about medications and their use. 

Montana: $116,710

West Virginia: $129,440

Sales managers

talking to manager

What they do, according to O*NET: Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer.

Arkansas: $138,030

Read the original article on Business Insider

The 30 highest-paying jobs in America

Obstetrician gynecologist
Obstetricians and gynecologists are among the medical occupations at the top of the ranking.

30. Postsecondary law teachers

Law professor

Average annual salary: $134,760

Number of people employed: 14,930

What they do, according to O*NET: Teach courses in law.

29. Public relations and fundraising managers

Public relations

Average annual salary: $135,580

Number of people employed: 81,110

What they do, according to O*NET: Plan, direct, or coordinate activities designed to create or maintain a favorable public image, raise issue awareness, or raise funds for their organization or client.

28. Compensation and benefits managers

human resources

Average annual salary: $137,160

Number of people employed: 16,340

What they do, according to O*NET: Plan, direct, or coordinate the compensation and benefits activities of an organization.

27. Physicists

Physicists

Average annual salary: $137,700

Number of people employed: 16,160

What they do, according to O*NET: Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

26. Advertising and promotions managers

Michael Roth IPG Advertising Week

Average annual salary: $147,560

Number of people employed: 22,490

What they do, according to O*NET: Plan, direct, or coordinate advertising policies and programs.

25. Sales managers

salesman salesperson sales manager

Average annual salary: $147,580

Number of people employed: 390,170

What they do, according to O*NET: Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer.

24. Lawyers

lawyers

Average annual salary: $148,910

Number of people employed: 658,120

What they do, according to O*NET: Represent clients in criminal and civil litigation and other legal proceedings, draw up legal documents, or manage or advise clients on legal transactions.

23. Podiatrists

foot feet massage podiatry podiatrist

Average annual salary: $151,110

Number of people employed: 9,710

What they do, according to O*NET: Diagnose and treat diseases and deformities of the human foot.

22. Financial managers

financial analyst

Average annual salary: $151,510

Number of people employed: 653,080

What they do, according to O*NET: Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities.

21. Petroleum engineers

petrolum engineer

Average annual salary: $154,330

Number of people employed: 27,850

What they do, according to O*NET: Devise methods to improve oil and gas extraction and production.

20. Marketing managers

marketing manager

Average annual salary: $154,470

Number of people employed: 270,200

What they do, according to O*NET: Plan, direct, or coordinate marketing policies and programs.

19. Natural sciences managers

boston scientific lab work science

Average annual salary: $154,930

Number of people employed: 75,870

What they do, according to O*NET: Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, and statistics, and research and development in these fields.

18. Architectural and engineering managers

architectural engineer

Average annual salary: $158,100

Number of people employed: 195,900

What they do, according to O*NET: Plan, direct, or coordinate activities in such fields as architecture and engineering.

17. Computer and information systems managers

coworkers looking at desktop computer at work

Average annual salary: $161,730

Number of people employed: 457,290

What they do, according to O*NET: Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

16. General dentists

A dentist performs a dental examination.
A dentist performs a dental examination.

Average annual salary: $180,830

Number of people employed: 95,920

What they do, according to O*NET: Examine, diagnose, and treat diseases, injuries, and malformations of teeth and gums.

15. General pediatricians

pediatrician baby doctor family

Average annual salary: $184,570

Number of people employed: 27,550

What they do, according to O*NET: Physicians who diagnose, treat, and help prevent children’s diseases and injuries.

14. Airline pilots, copilots, and flight engineers

airline pilot

Average annual salary: $186,870

Number of people employed: 83,550

What they do, according to O*NET: Pilot and navigate the flight of aircrafts.

13. Nurse anesthetists

anesthesia

Average annual salary: $189,190

Number of people employed: 41,960   

What they do, according to O*NET: Administer anesthesia, monitor patients’ vital signs, and oversee patient recovery from anesthesia.

12. All other dentist specialists

x ray dentist aspen dental doctor office

Average annual salary: $194,930

Number of people employed: 5,610   

What they do, according to O*NET: Various dental specializations.

11. Chief executives

facebook ceo mark zuckerberg
Facebook CEO Mark Zuckerberg leaves the EU Parliament in Brussels on Tuesday, May 22, 2018.

Average annual salary: $197,840

Number of people employed: 202,360   

What they do, according to O*NET: Develop policies and provide direction for a company or organization.

10. General internal medicine physicians

Doctor and patient. Office visit. Ivan Mendoza, MD, associate medical director for the Jackson Medical Group's cardiology practice, (L) shows where the worlds smallest pacemaker is located in Felipe Finale, 78, during a media event at Jackson South Community Hospital to announce his successful implant of the pacemaker into Felipe, a first for a South Florida hospital on September 8, 2016 in Miami, Florida.

Average annual salary: $210,960

Number of people employed: 50,600  

What they do, according to O*NET: Physicians who diagnose and provide non-surgical treatment of diseases and injuries of internal organ systems.

9. Family medicine physicians

doctor and female patient
Emlyn Louis, MD speaks with Julia Herrera as he examines her at the Broward Community & Family Health Center on April 20, 2009 in Pompano Beach, Florida.

Average annual salary: $214,370

Number of people employed: 98,590  

What they do, according to O*NET: Physicians who diagnose, treat, and help prevent diseases and injuries that commonly occur in the general population.

8. Prosthodontists

Prosthodontist

Average annual salary: $214,870

Number of people employed: 530

What they do, according to O*NET: Construct oral prostheses to replace missing teeth and other oral structures.

7. Psychiatrists

Psychiatrist

Average annual salary: $217,100

Number of people employed: 25,540  

What they do, according to O*NET: Physicians who diagnose, treat, and help prevent disorders of the mind.

6. All other physicians and ophthalmologists, except pediatric

emergency physician

Average annual salary: $218,850

Number of people employed: 375,390 

What they do, according to O*NET: Various medical specialties.

5. Oral and maxillofacial surgeons

dentist oral surgery surgeon

Average annual salary: $234,990

Number of people employed: 4,120  

What they do, according to O*NET: Perform surgery and related procedures on the hard and soft tissues of the oral and maxillofacial regions.

4. Orthodontists

Orthodontist

Average annual salary: $237,990

Number of people employed: 5,040 

What they do, according to O*NET: Examine, diagnose, and treat dental malocclusions and oral cavity anomalies.

3. Obstetricians and gynecologists

Obstetrician gynecologist
Obstetricians and gynecologists are among the medical occupations at the top of the ranking.

Average annual salary: $239,120

Number of people employed: 18,900

What they do, according to O*NET: Physicians who provide medical care related to pregnancy or childbirth and those who diagnose, treat, and help prevent diseases of women.

2. Surgeons, except ophthalmologists

Surgeons perform a total knee arthroplasty operation in an operating room at the Ambroise Pare hospital in Marseille, southern France, April 14, 2008.   REUTERS/ Jean-Paul Pelissier
Surgeons perform a total knee arthroplasty operation in an operating room at the Ambroise Pare hospital in Marseille

Average annual salary: $251,650

Number of people employed: 37,900

What they do, according to O*NET: Physicians who treat diseases, injuries, and deformities by invasive, minimally invasive, or non-invasive surgical methods.

1. Anesthesiologists

anesthetist anesthesiologists with patient

Average annual salary: $271,440

Number of people employed: 28,590

What they do, according to O*NET: Physicians who administer anesthetics prior to, during, or after surgery or other medical procedures.

Method and data source

Using the latest data from the Bureau of Labor Statistics’ Occupational Employment and Wage Statistics program (previously called the Occupational Employment Statistics program), we identified the 30 detailed occupations with the highest mean annual salaries as of May 2020, the most recent period for which data is available.

Although data is for May 2020, the pandemic’s effects on employment are not fully captured in these figures. The Bureau of Labor Statistics wrote in the news release about the latest data that these “estimates do not fully reflect the impact of the COVID-19 pandemic” as previous surveys from periods in 2017, 2018, and 2019 were also used. 

The 30 highest-paying occupations all earned an average of six figures annually, all above $130,000. Anesthesiologists, which ranked No. 1, earned more than triple the average annual salary for healthcare practitioners and technical occupations of $85,900 with an average annual salary of $271,440. All 30 of these occupations also make more than the overall average for all occupations in May 2020 of $56,310.

In addition to ranking the average salaries, we also included the estimated number of people employed in each occupation as of May 2020, and a brief description of the occupation from the Labor Department’s O*NET occupational database.

Read the original article on Business Insider

3 things to consider before renegotiating salaries for remote workers who moved during the pandemic

professional working from home on laptop looking at spreadsheets
Some employers may consider compensating employees based on their new remote location,

  • There’s a trend of remote workers living in rural areas but earning salaries meant for large cities.
  • Employers may consider localized compensation to account for remote workers’ new location.
  • Be careful to avoid penalizing employees who moved and communicate with them before any change.
  • See more stories on Insider’s business page.

The pandemic has changed the way we live and work – in some cases permanently. Many employers have decided to keep remote work as an option for some workers. Predictably, many workers have realized the boon to their finances by taking their big city salaries and relocating to cheaper locales.

This trend puts employers in a pickle. Remote workers who relocate are taking advantage of salaries intended to be competitive based on regional housing costs around headquarters. Their salaries now have greater value because of their relocation. Meanwhile, workers required to work at headquarters must continue to pay higher housing costs with the same salaries. Many companies are responding by renegotiating the salaries of their relocated remote workers.

A new term has emerged: localized compensation. Employers must consider the practical and ethical questions when negotiating salaries based in part on where the worker lives. These questions are even more pressing for existing employees who relocated.

Privacy questions

Employers have a right to know where their workers live, but do they have a right to know their employees’ rental or mortgage payments? Localized compensation attempts to address this intrusion by setting salaries based on regional housing prices rather than the actual housing costs paid by workers. Fortunately, there are some helpful tools that your HR department can use to determine the costs of housing for relocated workers. The National Association of Realtors’ Housing Affordability Index breaks down housing costs to the levels of county and metropolitan statistical area. There are other similar tools offered by private firms and public agencies, such as the United States Census Bureau’s American Housing Survey.

Once you know the relative difference in housing costs between your headquarters and the relocated worker, you can adjust salaries fairly. At least that’s the simple expectation. The reality might be much more problematic.

What about commuters?

Of course, not everyone who works at headquarters lives near headquarters. What about long-distance commuters who have already been taking salary advantage of housing cost differentials? Should their salaries all of a sudden be subjected to localized compensation evaluations? Many of them moved to the distant ‘burbs to take advantage of lower housing costs as they started their families. Should they be penalized for not living with their new families in a cramped, pricey apartment in the city?

These are questions that every employer will need to consider from an ethical perspective. A good argument against adjusting the salaries of commuters is that the commute itself represents a significant penalty. Unlike remote workers, commuters are not using remote work to take advantage of the housing cost differential. What about those commuters who now work remotely? Again, they did not relocate to maximize their salary against a lower cost of living. Personally, I would leave my commuters alone.

Guiding principles: transparency and collaboration

Determining localized compensation raises a number of ethical, financial, and managerial issues. Employers must work collaboratively with workers to set a salary system that is both coherent and fair. Workers must know what metrics were used to set their salaries. They should also know how their salaries could change if they relocate.

Most of all, localized compensation must account for the reality that some salary advantage will always be realized by those willing to live in cheaper locales. Setting a price on that advantage is the problem that can be solved through a transparent and collaborative localized compensation process.

Read the original article on Business Insider