We'd all want to be paid well for a hard day's work, but if you're thinking about the remainder of your professional life, what decision would be the most advantageous for you to make right now?
For this ranking, we researched the most recent job postings to determine the average compensation that is offered by the top 20 positions that pay the most in the United Kingdom.
This list may assist you in maximizing the return on investment for the hard work that you put in, whether you are interested in retraining for a new field or you have abilities that you haven't put to use but would want to do so.
According to the wage statistics on Glassdoor, the following are the top paid jobs in the UK:
Chief Executive Officer of a Company
Executive Director
Chief Executive Officer of Technology
Senior Leader
Chief Executive Officer of the Company
Principal Operating Officer or CEO
Manager of Medical Affairs
Director
Managing Partner
Manager of Technology Operations
Manager of Consulting Services
Analyst of Quantitative Data
Regarding Counsel
Enterprise Architect
Architect of computer software
Architect of Database Systems
Analyst of Stock Market Performance
Portfolio Manager
Risk Manager
Manager of Accounts for Enterprise
1. the Chief Financial Officer of the company
Median Salary- £124,410/yr
The job of Chief Financial Officer, sometimes known as CFO, is considered to be the most senior financial role in any organization. The goal of the function is to keep the company's finances in good shape, which includes safeguarding its assets, increasing its profitability, maintaining compliance, reducing risks, and managing the finance department. They are responsible for ensuring that the financial plan is in line with the requirements of the company strategy
To become a Chief Financial Officer, you will need to have a minimum of around ten years of experience working in various financial jobs, and an MBA or master's degree in finance, accounting, or a similar field is strongly preferred. Certifications such as those offered by the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants are often sought for (ACCA).
2. Executive Director
Median Salary- £121,345/yr
One of the most powerful and influential roles in a company is that of the Executive Director. The majority of the time, it participates in board meetings while also being responsible for senior management duties. The development of a sound business plan and the management of its subsequent execution are the primary responsibilities of this position, with the overarching goal of ensuring the continued viability of the company. There is a possibility that executive directors may be required to represent the firm in front of external stakeholders such as the media, governments, and other organizations.
These positions typically demand a minimum of ten years of experience in business management as well as an advanced degree in business or a discipline that is closely linked to business; however, some companies may prefer an MBA instead. Formulation and implementation of strategies, management of people and resources, effective communication, and creative problem solving are all essential talents for executive directors.
3. Chief Operating Officer of Technology
Median salary: £65,800
A Chief Technological Officer, often known as a CTO, is an executive role that is responsible for an organization's technology requirements and for ensuring that the solutions implemented are in line with the company's overall goals. Strategy, the creation and implementation of technology, cybersecurity, infrastructure, and IT operations are the topics that are often covered in the scope of a CTO role's responsibilities.
If you want to be considered for a position as chief technology officer (CTO), you need probably have at least ten years of experience working in tech-related jobs and a degree in either engineering, computer science, or another technical subject. Depending on the sector in which the firm operates and the nature of the work being performed, this position often demands a combination of technical and soft abilities.
4. Senior Leader
Median Salary- £76,606/yr
To offer guidance based on their area of expertise is one of the responsibilities of a Senior Leader. They are often brought on board to assess a company's long-term prospects and challenges and to steer the company in the proper path. Senior Leaders may have positions in a variety of areas, such as Product, Marketing, Finance, Human Resources, Operations, and others. They are responsible for a broad variety of things, such as procedures, personnel, and financial allocations.
According to what one could infer from the name, a Senior Leader ought to be a subject matter expert in their particular field. Employers often search for applicants who have a significant amount of experience in addition to an advanced degree in business or a field that is linked to the employer's industry and applicable industry certifications. Those who are interested in this position would benefit from having strong management, leadership, and consulting abilities.
5. Chief Executive Officer of the Company
Median Salary- £108,303/yr
A company's day-to-day operations are the responsibility of an executive officer known as the Chief Operating Officer (COO). COOs are responsible for carrying out company strategies by putting in place and taking ownership of various policies and procedures, as well as building and managing operational teams.
A Chief Operating Officer (COO) has to have worked in operations or jobs closely connected to operations for at least ten years. Certifications in areas such as Lean or Six Sigma are often desired by companies, even if a bachelor's or master's degree in business is typically required for employment. A strong commercial awareness and a solid business acumen are also expected of COOs, in addition to the requirement that they exhibit expertise in the efficient and successful management of a company.
6. the Chief Executive Officer of the company
Median Salary- £99,424/yr
The Chief Executive Officer (CEO) of a company is the person who is ultimately accountable for the company's overall direction. It is the most senior job in a firm and is responsible for overseeing all other executive and non-executive tasks. A chief executive officer is responsible for developing long-term goals with the Board of Directors, constructing the business strategy, supervising the operations of the firm, ensuring compliance, and serving as the primary corporate representation.
It is possible that one has to have at least ten to fifteen years of experience in senior management in addition to having advanced degrees in order to become the CEO of a corporation. Some of the characteristics that contribute to a CEO's success include business strategy, strong leadership abilities, understanding in commercial matters, communication skills, and high ethical standards.
7. The Medical Director
Median Salary- £49,721/yr
A Medical Manager is responsible for the planning and coordination of the delivery of medical treatment. The major responsibility of this position is to oversee the day-to-day operations of a medical institution in order to guarantee that patients get appropriate treatment and care. It is possible that they will also be expected to have a working grasp of the laws governing healthcare.
To become a medical manager, you may need to have a bachelor's degree or perhaps a master's degree in the field of medicine. Examples include:
The Association of Medical Secretaries, Practice Managers, Administrators, and Receptionists offers a Certificate/Diploma in Primary Care and Health Management (DPCHM) (AMSPAR)
The Institute of Healthcare Management's (IHM) Vocational Training Scheme for General Practice Managers (VTSGPM) (IHM)
Academic programs, such as a Master of Science in Healthcare Administration.
Knowledge of the medical sector, management of teams, emotional intelligence, empathy, and the ability to solve problems are some of the talents need for this job.
8. The Director
Median Salary- £93,451/yr
The creation and implementation of a plan is within the purview of a Director. It's possible that the position will need you to establish and manage teams, oversee company operations, make sure compliance standards are met, and function as a spokesman. In addition to this, they are often responsible for the P&L.
In order to be a Director, you need to be a visionary leader, a strategic thinker, and a great manager. Additionally, communication and interpersonal skills are very necessary for the position. A Bachelor's degree in a relevant field, in addition to fifteen to twenty years of relevant work experience, is often necessary for a position in the Director's office. A master's degree is likely to be useful in this situation.
9. Managing Partner
Median Salary- £107,589/yr
When a person has ownership in a company, they may become an Overseeing Partner, which gives them the responsibility of establishing major objectives and managing the day-to-day operations of the company. The function is essential to ensuring that strong connections are maintained with current customers and that new engagements are secured. In addition to that, it is also the responsibility of the individual to manage their profession inside the company.
It is customarily anticipated that a Managing Partner would have a degree in management or business in addition to a significant amount of professional experience; however, they may also have a technical background that is pertinent to their sector. In addition, in order to complement their expertise, one needs have good organizational, team management, decision-making, and analytical abilities.
10. Director of Information Technology
Median Salary- £67,256/yr
The technology department of an organization is often directed by a Technology Manager. The selection and management of vendors, the execution of solutions, IT operations management, technological infrastructure, and cybersecurity are some of the potential responsibilities that might come within their purview.
A degree in information technology, relevant certifications such as ITIL, and work experience ranging from three to seven years in a function that is comparable are the standard requirements for a Technology Manager. This position requires a high level of both technical and soft abilities, including the ability to manage projects, provide services, and interact with various stakeholders.
11. Consulting Manager
Median Salary- £67,327/yr
Consulting Managers provide assistance to organizations by assisting them in recognizing, analyzing, and finding solutions to difficult business challenges in order to improve corporate performance and profitability. Strategy, change management, and corporate transformation are often included in their list of specialized areas of competence. They base their recommendations on data and evidence, which provides top management with the information necessary to make educated choices.
A bachelor's or master's degree in management or a discipline closely linked to management is often required for employment as a Consulting Manager. Strong analytical abilities, effective communication, the ability to think strategically, and the ability to manage relationships are some of the most important qualities for individuals working in this job.
12. Analyst of Quantitative Data
Median Salary- £73,353/yr
A specialist that assists businesses in making choices about their finances and businesses based on quantitative analysis is known as a quantitative analyst. They are responsible for using mathematical and statistical methods in order to find solutions to complicated business issues. In addition to this, they are responsible for the interpretation of financial accounts and analysis, as well as the preparation of reports that are sent to upper management.
The level of seniority you are applying for will determine whether or not you are needed to have a higher degree in mathematics, statistics, or economics, as well as whether or not you are required to have experience working in a capacity that is comparable. Your excellent data mining, data analysis, and programming abilities, in addition to your vast understanding of finance, are some of the qualities that will support your candidacy.
13. In the Counsel of
Median Salary- £77,910/yr
Of Counsel are those who are responsible for the legal matters of an organization. They make certain that every commercial activity complies with national, regional, and international rules and regulations. In particular, it is their duty to provide legal advice with regard to the operations of the firm, as well as any contractual agreements, takeovers, mergers, or acquisitions.
In many cases, having a legal degree and a considerable amount of experience in a function that is comparable are both essential. Expertise in the law, the ability to negotiate, a grasp of the business world, and strong verbal and writing communication skills are all helpful to professionals in this field.
14. Chief Architect of the Enterprise
Median Salary- £82,270/yr
Within the information technology department of a company, one of the most important positions is that of an Enterprise Architect. They are accountable for the upkeep of the computer network's architecture and operating systems, as well as the integration of information applications and programs. They are responsible for the maintenance and updating of important enterprise architectural deliverables, as well as providing senior management with advice on business-related IT initiatives.
A bachelor's or master's degree in information technology, computer engineering, or a discipline that is closely related is required to work as an enterprise architect. In addition, employers want candidates with five to seven years of experience in a capacity that is analogous to the one being sought.
15. Architect of software systems
Median Salary- £72,876/yr
The development of software is made possible by a Software Architect. They construct appropriate product specs, convey them to the development team, supervise the work being made, and make certain that the software satisfies all of the requirements. In a nutshell, they are responsible for the planning, tracking, and scheduling of software deliveries.
It's possible that having prior expertise coding in a variety of languages, including Java, C++, and others, is required to become a Software Architect. A degree in software development or a discipline closely linked to it may be necessary, in addition to having a solid understanding of HTML/CSS, JavaScript, and UI/UX design. An vital set of skills for a Software Architect is the ability to solve problems, be creative, be innovative, and work well with others.
16. Architect of the Database
Median Salary- £73,098/yr
A Database Architect is responsible for the construction and maintenance of a company's database, as well as the creation of efficient storage solutions and models. They evaluate and enhance the implementation methods in order to guarantee that these procedures are in accordance with both internal and external requirements. In addition to this, they check the overall operation of the system by incorporating new features and doing frequent testing.
A bachelor's degree in Computer Engineering, Computer Science, or an area closely connected to these disciplines is often required for entry-level work as a Database Architect. Having some experience in a field that is linked to the position, together with excellent technical competence, communication skills, data analysis, data innovation and modeling, and problem solving abilities, is often preferred by employers.
17. Portfolio Manager
Median Salary- £62,146/yr
It is the responsibility of a Portfolio Manager to handle financial portfolios that may include stocks, fixed income, capital assets, and other types of investments. They work one-on-one with customers, handling the investment accounts that those customers have. Portfolio managers provide suggestions to their customers based on the objectives their clients have established for their investments. In addition to this, they prepare reports on the actions and performance of their customers' investments and then convey these information to their clients.
The majority of portfolio managers have a bachelor's degree in a quantitative field, such as economics, statistics, or mathematics. Applicants' chances of being selected are improved if they have completed some online coursework in topics such as equities strategies, international economics and trade, portfolio management, and capital markets. The ability to make decisions, careful attention to detail, and the ability to establish relationships are all necessary talents for an effective portfolio manager.
18. Analyst in Charge of Equity Research
Median Salary- £70,579/yr
To put it another way, an Equity Research Analyst is someone who advises investors on whether they should purchase, sell, or keep onto certain financial products. This may involve calculating firm valuations, industry analysis, financial modeling, analysis and reporting on financial statements, and reporting on financial statements. They contribute to initial public offerings (IPOs) of companies by working on stock value and capitalization.
A bachelor's degree in business, finance, statistics, or another discipline that is connected to business is necessary to work as an Equity Research Analyst. Your candidacy will be strengthened and sometimes even required, depending on your seniority, if you have relevant experience ranging from three to five years gained in a similar sector. Analytical thinking, the ability to communicate and convey information effectively, and an understanding of financial planning are all key talents for this position.
19. Risk Manager
Median Salary- £55,468/yr
A Risk Manager is responsible for overseeing the management of all types of risk within an organization. The financial, environmental, business, information and security, technological, and market and credit risks are some examples of these potential dangers. Risk managers are responsible for developing, managing, and carrying out the whole of the risk management process. The primary focus of their job is to identify and evaluate any dangers facing the organization, as well as to work toward mitigating or eliminating the effects of such dangers.
A bachelor's degree in business administration, management, or analytics is often required for employment by most companies. Having a master's degree, on the other hand, is an excellent complement that may help support your candidacy. Of course, previous expertise in risk management may be required for senior positions. For this position, you'll need to have in-depth knowledge of the sector, strong communication skills, the ability to think strategically, and the ability to solve problems.
20. Manager of Accounts for Enterprises
Median Salary- £57,949/yr
A specialist who maintains client accounts and plays a significant part in the process by which a corporation generates income via sales is known as an Enterprise Account Manager. They build, maintain, and cultivate connections with clients while simultaneously bringing in new revenue for the company. In addition to this, they act as a connection between the various internal departments and the external clients.
The majority of the time, Enterprise Account Managers need to have a bachelor's degree in addition to substantial experience in the Sales industry. The ability to communicate effectively, negotiate well, and manage projects effectively are all essential talents.