Massive layoffs in the tech sector and talk of a global recession may dash the idea of a promising 2024. However, it’s impossible to ignore three leading industries that are sprinting ahead, where high wages are not just possibilities, but realities. If you’re feeling stuck in your career and it’s not giving you the right opportunities for growth, then this list of top paying industries might be for you.
INFORMATION TECHNOLOGY
The boom in the technology sector created a golden era of high salaries for technology professionals. According to Indeed and Techopedia, people like data scientists, software architects, mobile developers and cloud engineers see their average salaries in the six figures.
This surge in wages not only makes these occupations desirable, but describes them as some of the most profitable careers in the current work environment.
How to enter the industry:
If you want to join the tech industry, you can go the traditional way and start by studying subjects like computer science or information technology. But sometimes getting a degree isn’t necessary. Because what’s even more valuable than education is real-world experience, and you can get it through internships or special training programs. You can also take online courses to upgrade your skills and keep up with new technology trends. An important caveat is that working in technology isn’t just about what you know. It’s about being curious, flexible and a good problem solver.
FINANCE
The financial sector this year is full of great challenges and great chances for success. According to Deloitte, factors such as high interest rates and rapid technological change are impacting the financial industry. McKinsey also suggests that these conditions can lead to increasing growth and importance.
Because of this growth, core financial professions such as bankers, risk managers and financial advisors are seeing their salaries increase.
How to enter the industry:
Having a degree in finance, business or economics is your gateway to this industry. But if you don’t have a background in finance, consider enrolling in professional training courses, such as the CFA or CFP, to prove your knowledge to employers. But, as McKinsey points out, being good at finance isn’t just about being good with numbers. You also need to be able to change when needed and problem solve, just like in technical occupations.
In addition, having a strong network or leading banks is another way to get noticed. Don’t you have any? This is good! You can even start by finding current or former employees of your target company on LinkedIn and sending them a connection request to express interest in their career.
HEALTHCARE
In a world that is constantly striving for better health and well-being, the healthcare industry plays an important role. The World Health Organization points out that longer life expectancy and the rise of chronic health problems necessitate the improvement of health services and systems.
Exciting innovations like telemedicine and AI-based diagnostics are transforming the way doctors and nurses care for patients. Opportunities for multiple healthcare roles, such as doctors, nurses and administrators, continue to expand. As society focuses more and more on mental and physical health, the importance of the health care sector in our daily lives becomes even stronger.
How to enter the industry:
To begin a career in healthcare, you will need to have a solid education in a healthcare-related discipline. Try to gain real-life experience by doing internships, part-time work, or volunteering in places like hospitals or clinics. Also, as healthcare uses more and more technology, consider studying things like health data or online health services. To succeed in this industry, it takes more than knowledge and skills. It’s also about being caring, being good at talking to people and wanting to help others.
All things considered, choosing a career in these industries offers competitive pay and long-term career security. Of course, moving into these industries can be challenging, but the job opportunities in these fields seem like a good bet in the long run. Good luck!
