THE OFFICE FOR NATIONAL STATISTICS (ONS) TAKES A CAREFUL LOOK AT WHO EARNS WHAT IN WHICH INDUSTRIES, OCCUPATIONS, AND REGIONS EACH AND EVERY YEAR. AT THE MOMENT, THESE ARE THE 10 JOBS IN THE UK THAT PAY THE HIGHEST SALARIES.
The Office of National Statistics (ONS) conducts detailed studies on a yearly basis to determine who earns what in which sectors, professions, and geographic areas.
According to the findings of the Annual Survey of Hours and Earnings (ASHE) conducted in 2010, company directors and chief executives continue to hold the top spot in the list of the highest paid jobs, earning an average of £151,046 per year. This figure is approximately 13 percent lower than the average salary in 2009.
The poll analyzes the median salaries of full-time employees in about 300 different industries and occupations. The most recent data also showed that the typical weekly wage for workers in the UK increased by 2.1% in the twelve months leading up to April 2010, reaching a total of £499 per week.
These are the ten positions in the United Kingdom that presently have the highest salaries.
Directors and Chief Executive Officers of Companies
What they do: Directors and CEOs are accountable to a company's shareholders for the company's overall success and are responsible for making business decisions.
How to get there: People like Sir Richard Branson and Sir Alan Sugar are in the minority of UK chief executives. The majority of chief executives generally need a degree and probably an MBA. The exceptions to this rule are Sir Richard Branson.
The amount that they make: £151 046
Brokers
What they do Their basic pay may only position them as second on the list, but with some city brokers receiving bonuses in excess of £2 million a year, their place in real terms may be far higher than that. What they do What they do Their basic salary may only position them as second on the list. A broker is someone who handles the investment portfolio of private individuals or corporations by buying and selling stocks and shares in order to create the highest possible return on investment for the client or company.
How to get there: Earn a bachelor's degree in any field, however a degree in business, economics, or finance will give you an edge in the job market.
The amount that they make: 115,612 pounds
Managers of the company and high-ranking officials
Corporate Managers, also known as Business Managers, are responsible for a wide variety of tasks, which may vary greatly depending on the size of the company. Managers are responsible for fulfilling their jobs through organizing, planning, motivating, and exercising control.
How to get there: Earn an engineering degree in a discipline relevant to business management from an institution that is regionally or nationally recognized, or a bachelor's degree in a field related to business management.
The amount that they make: 107 951 pounds
Managers of Financial Affairs (and Chartered Secretaries)
What they do: Financial managers give guidance, financial and strategic assistance to organizations, such as budgetary controls or the financial consequences of a certain course of action, to allow these organizations to make successful choices for their businesses. Chartered secretaries are employed at the board level of an organization and are responsible for ensuring that the organization conforms with rules as well as providing guidance in the areas of law, people, property, and finances. The essential business expertise that chartered secretaries possess across a broad spectrum of functional areas makes them very valuable to the organizations in which they work.
Where to get directions: In order to work in financial management, candidates need a bachelor's degree in any field in addition to professional accounting credentials. It is highly recommended by the Institute of Chartered Secretaries and Administrators that candidates acquire a degree in either business or law before applying.
Their annual salary is £83,396.
Professionals in the Medical Field
What they do: Medical Practitioners provide patients in the community primary and continuous treatment as part of their professional duties. They are proficient in assessing the condition of a patient based on the patient's physical, psychological, and social characteristics, and they suggest patients for further treatment or send patients to hospital clinics as necessary.
Where to get directions: It is necessary to gain a degree in medicine over the course of a period of five years (or four years for a graduate entrance programme), which is then followed by a foundation programme over the course of two years, after which junior physicians may earn up to £35,000 per year.
The amount that they make: 76,000 pounds
Pilots and Flight Engineers on Board an Aircraft
What they do is exactly what it says on the box, which is to pilot commercial, business, or freight airplanes on short- or long-distance flights. Flight engineers are responsible for the creation of airplanes and the technology that is associated with them.
Where to get directions: The completion of A-levels or an HND is sufficient; nevertheless, pilots are required to complete an extensive training program at a CAA-approved training school in order to get both their commercial pilot's license (CPL) and their airline transport pilot's license. Oh, and don't forget to bring a sturdy pair of sunglasses with you. A degree in aeronautical or aerospace engineering, avionics, or air transport engineering is required for someone who wants to work as a flight engineer.
The amount that they make: £68,582
Controllers of the Air Traffic
What they do: With more than 200 million people traveling to and from UK airports annually, air traffic controllers have their job cut out for them. What they do: Monitoring and managing an aircraft's altitude, speed, and heading in order to ensure the safe takeoff and landing of several aircraft at the same time is their responsibility as part of their employment.
Where to get directions: In contrast to the widespread belief, admittance into the industry does not need a degree from an accredited educational institution; yet, the proportion of graduates who join the workforce is growing. In addition to having at least two A-levels or GNVQ advanced level qualifications, the minimum requirement is five GCSEs with grades ranging from A-C, including English and Mathematics. The majority of individuals get their start in the industry via the National Air Traffic Services (NATS).
Their annual salary is £59,228.
Managers of Marketing and Sales Operations
What they do: The duties of marketing and sales managers include the creation and introduction of new items to the market, as well as the execution of marketing strategies, the cultivation of brand recognition, and, ultimately, the expansion of sales.
How to get there: Most people who get into marketing do so either right after high school graduation (having a bachelor's degree in marketing or business is not required but is desirable) or after obtaining either a high school or college level higher education diploma (HNC or HND). The Chartered Institute of Marketing is an organization that may help individuals gain professional certifications in the fields of marketing and sales.
Their monthly income is £57,276.
Officers of the Law (Inspectors and above)
What they really do: A detective police inspector is a middle manager who is responsible for monitoring the ranks of constable and sergeant and serving as a connection between the investigating team and senior officers. In addition, the detective police inspector acts as a link between the investigating team and the public. And in most cases, they serve as the public face of the Force, which means it is their responsibility to maintain positive ties with the community. In contrast to the infamous Inspector Clouseau, who once said to a woman, "Madame, it is by far the worst nose I have ever seen and I praise you on it, it suits you!" tact and diplomacy are attributes that are very necessary.
Where to get directions: There are no official prerequisites, and anybody may join as long as they don't have a criminal history.
Their annual salary is £56,931
Legal professionals such as Solicitors, Lawyers, Judges, and Coroners
What they really do: Solicitors fall into two categories: commercial and non-commercial. In a general sense, they provide customers in both the corporate world and the private sector a broad spectrum of legal help and guidance on a variety of topics, including landlord and tenant agreements, the buying and selling of property, and marriage. In a court of law, the adjudicators or arbitrators chosen to preside over the ongoing legal procedures are known as judges. The purpose of the post-mortem inquiry, which coroners lead and carry out, is to establish the circumstances surrounding a violent, inexplicable, or accidental death and assign blame for the death.
Where to get directions: A degree in either "any field" or "legal executive" is required to become a solicitor. Qualification as a judge requires at least seven years' worth of experience working as a practicing attorney. A certified lawyer, attorney, or medical practitioner is required to serve in the role of coroner.
The amount that they make: £55,723