By: Dr. Al Lee
Forbes announced its annual list of the 25 best paying careers and the worst. Forbes drew info from the U.S. government's National, State and Metropolitan Area Occupational Employment and Wage Estimates. This 2006 data was based on a national survey of employers of various sizes, industries and occupations.
I am very familiar with these government estimates. The government does a great job with the broad forces at work (macro economics) in employment and compensation. It is a little funny that Forbes uses the government defined occupations, because the sizes of the ~800 occupations vary widely. For example, both Mine Shuttle Car Operators with 3,000 workers nation-wide and Sales Representatives with 1.5 million are "occupations".
Not surprisingly, top paying jobs in the medical field dominate the list of careers. According to Forbes, anesthesiologists had a salary increase of 5.8%. If we take a look at our PayScale research center, anesthesiologist salaries in major cities are north of $200,000; not bad for knocking someone out.
What about the worst paying jobs? Food preparation and serving workers top that lowly list of careers. According to Forbes, there was a 2.4% increase in these salaries, bringing the average salary of a food preparation and serving worker up to $15,930.
Is your salary one of the best paying careers, or one of the worst? Find out with our salary survey.