Highest paying jobs UK
Ever thought about what the highest paying job in the UK is?
If you’re struggling financially, there are times when it’s hard to make ends meet. We’ve been there, and there are times when you look around and see people making huge salaries and wonder what jobs they must do to command the money they make, and more to the point, how they got those jobs in the first place.
✅ What is the highest paid job in the UK?
This is a tough question to answer, mainly because companies pay their employees and top teams different salaries and have different bonus structures, making a role in one company higher or lower paid than the same role elsewhere.
What we can do is give you a guide to the highest paid jobs in the UK!
✅ The best paying jobs in the UK
These are the best paid jobs in the UK according to Indeed, from research conducted from over 3,000 jobs advertised on their website.
- (CFO) Chief financial officer – £112,666
- Vice president of sales – £109,278
- Vice president of engineering – £108,623
- Orthodontist – £99,010
- Dermatologist – £93,282
- Director of product management – £92,692
- Neonatologist – £92,003
- Rheumatologist – £91,724
- Ophthalmologist – £91,704
- Director of catering – £91,578
- Nephrologist – £91,521
- Plastic surgeon – £90,922
- Senior director – £90,059
- Paediatrician – £89,723
- Anaesthesiologist – £89,501
- Managing director – £88,101
- Unit director – £86,727
- Vice president of finance – £86,517
- Tax director – £85,742
- Director of construction – £85,148
* You’ll notice that a number of these are in the medical profession – these listed here are among the best paid in their field as a whole.
✅ UK best paid jobs
Getting a very well paid job is a great way to not only climb out of debt but to make sure you firstly never get back into debt through not having enough for everyday needs, but also to give yourself a rosey financial future.
We’re not saying these jobs are easy, quick or something you’d ever consider doing, but it’s interesting to see who gets paid the most in the UK. And if one of them is something you’ve always fancied doing, then maybe this is the time to retrain, climb the ladder at work or have a total career change :)
✅ Jobs that pay well UK
There are loads of jobs that pay well in the UK. The average weekly pay in the UK is roughly £585. That’s just over £30,000 annually. Depending on where you live in the UK will determine how far this goes. London money is more as you’d expect, with weekly pay at £735 or just over £38,000 annually (source). That said, don’t forget that the cost of living in London is super high, so higher earning will highly likely lead to a lower quality of life and less disposable income if you’re living in the capital, even though you’re earning more.
What sort of jobs pay over the average? Office managers can earn upwards of £40,000 annually, teachers can earn over £40,000 (but this is not the starting salary!) and head teachers at an inner city London school can earn over £100,000, but these are the exception, not the rule that applies nation wide.
✅ What are the best paid jobs in the UK?
So, let’s have a look at the highest paying jobs as we listed above, and see what they do and how you get into them!
Chief financial officer
Chief financial officers, known as CFOs, are members of the executive team within a company. They are responsible for managing the financial actions of the company they work for. Financial planning and looking at financial forecasts for the future are vital to this role, as well as looking at their companies financial strengths and weaknesses and taking corrective actions.
CFO’s career background? They’re going to have a background in finance, economics or accountancy. Many of the UK’s CFOs come from smaller businesses and work their way up in larger corporate companies. Academic qualifications are likely to be either a bachelors degree or masters degree coupled with years spent working in a related field. A CFO doesn’t necessarily have to have a qualification from an approved awarding body, but it’s going to benefit you considerably if you do.
Finally, we should point out that the big money a CFO can earn comes from working for the big companies. Being the CFO of a start up doesn’t mean you’re going to be earning the money as listed as average above! But, that said, if that start up grows big enough over time…you never know!
Vice president of sales
What exactly is this? A vice president of sales is someone that works primarily to achieve a companies sales goals. They’ll develop plans and strategies to get there, along with being responsible for the sales teams and their success, developing staff and managing budgets.
Of course they have a team that works alongside them to achieve these goals, but as vice president of sales, ultimately you’re responsible for delivering the goods. Or in this case, the money!
To become a vice president of sales, you’re going to have to have an amazing track record to show you’re up to the job, and not only up to it but have achieved it before. As with the CFO role above, a proven record in finance, team leadership and business are going to be high on the list of ‘must haves’, but a vice president of sales role is certainly something you can work your way up to. Think it’s not possible to work your way up to the executive team of a vast, global company? Jan Fields did just that at McDonalds…read her story here. It’s pretty inspiring.
Vice president of engineering
A vice president of engineering is a member of the executive team within a company who manages development teams. Just as a vice president of sales is responsible for meeting their companies sales goals, a vice president of engineering needs to make sure that all engineers and developers are meeting their goals.
What sort of background would you need to be able to fulfil this role?
- Engineering or similar degree.
- Strong organisational skills.
- Experience in recruitment so you get the best possible team around you
- Software design experience
- Strong knowledge of data structures and algorithms
How might you get in to this role? You’re highly likely to have a background that’s led you here, and many years experience in the industry.
Director of product management
On a basic level, a director of product management has to fulfil to roles. Firstly, they have to create a long term plan for their companies products and secondly, they then have to communicate that plan to the people who involved in bringing that plan to life.
The role of a Director of Product is often a little confusing, but broken down the role comprises of:
- Seeing a product through from concept, prototype production, testing, support and finally the end product being delivered.
- Coming up with a plan for the above
- Marketing plan for the new product and strategic planning to achieve the products goals.
If you imagine a director of product as being right at the centre of a mind map. It’s their job to then oversee all the branches that then come off that map. While they obviously don’t carry out al the jobs that will need doing, there could be hundreds or thousands of them, it’s their responsibility to oversee it all.
Who might get to be a Director of Product? Someone who’s got a proven track record of strategic planning and implementation, someone who can listen and then make decisions based on their experience and knowledge and someone who can communicate brilliantly with their team, motivating and visualising the bigger picture and end product.
There are a lot of skills required for this role!
Director of catering
This is one of those roles, more so than the others where the big money is when you reach the very top, working for a corporate giant and are responsible for budgeting a large amount of money. While directors of catering exist in many companies, the highest paid roles are limited to these bigger companies.
What does being a director of catering involve? It could be your responsibility to over see menus, and organise suppliers and supply chains globally. Other duties could include:
- Ensuring health and safety regulations are met
- Hiring, training and supervising staff
- Planning menus alongside the chefs
- Ordering supplies and creating new supply chains
- Looking after financial budgets
- Meeting with suppliers and customers
What sort of companies might be looking for a director of catering? Hotels, restaurant chains and anyone in the hospitality industry.
This is definitely one of the jobs on this list you can work your way up to. It will likely help you to have experience starting right at the bottom and working your way up through the kitchen, customer service, and then supervisory and management roles, before climbing higher. If you can reach the very top of this tree at a large company, this is one of the highest paid jobs in the UK. It can be extremely hard work though with long hours: don’t say you’ve not been warned!
The title of senior director is the name given to high up management in some companies. Other companies call them vice presidents and essentially, these names are given as a career path to follow and lets the company create ‘bands’ by which they can create clear salary and career paths for their employees.
Depending on the company you work for and the nature of the business, job responsibilities for this role could include:
- Making sure all service are kept ‘on brand’
- Overseeing the development programs to make sure goals are met
- Strategic development
As we said, this role varies hugely depending on the company you’re at, and there might be more than one senior director, each in charge of a different department.
A managing director is in charge of a company. They’ve reached the top of their tree (in that company) and have to take overall responsibility for the runnings, actions and moving the company in the right direction. If the company has a board, the managing director is answerable to them and has to explain decisions made to the board.
Managing directors have many years of experience in their field and a strong proven track record of meeting the companies aims. While you of course can be the managing director of your own company if you set one up, you’d have to grow that company to dizzying heights before you reached the income levels we’re talking about here.
Typical skills a managing director would need might be:
- Ability to inspire a workforce
- Ability to deal and engage with the press
- Strong financial understanding
- The ability to forecast and interpret business trends
- Decision making
- Problem solving skills
There is a lot more that goes into this role than we could talk about here, but ultimately the buck stops with the managing director and they take responsibility for the actions of the company.
This role would be well rewarded not only financially which we’re talking about here but also through job creation and seeing your business grow.
It has been reported however by several high profile managing directors that it’s a role that can be lonely. As the role is results driven, the pressure to achieve can be immense and work hours are often long, meaning other areas of your life will suffer because of it.
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(CFO) Chief financial officer – £112,666
Vice president of sales – £109,278
Vice president of engineering – £108,623
Orthodontist – £99,010
Dermatologist – £93,282
Director of product management – £92,692
Neonatologist – £92,003
Rheumatologist – £91,724
Ophthalmologist – £91,704
Director of catering – £91,578
Nephrologist – £91,521
Plastic surgeon – £90,922
Senior director – £90,059
Paediatrician – £89,723
Anaesthesiologist – £89,501
Managing director – £88,101
Unit director – £86,727
Vice president of finance – £86,517
Tax director – £85,742
Director of construction – £85,148
No. It’s not hard to find a job without a degree, however, if you’re looking to get one of these highly paid jobs in the UK and you don’t have a degree, you’ll need to be prepared to work very hard and get experience although that said, even with a degree, you’ll still need to have industry experience behind you. Some of these jobs require qualifications, some don’t.