U.S. News & World Report has released its 2018 list of the 25 "Best Paying Jobs" in the United States, and health care professions dominated the top 10.
How US News determined its 'Best Paying Jobs'
To put together its 2018 "Best Paying Jobs" list, U.S. News looked at the pool of jobs on its "Best Jobs of 2018" list.
U.S. News' "Best Jobs" list is based on U.S. Bureau of Labor and Statistics data. To create the list, U.S. News identified the professions that had the most projected openings from 2016 to 2026 and evaluated those professions based on seven criteria, including median salary, employment rate, measures of future growth, stress level, and work-life balance. The 25 professions with the highest median salaries made the "Best Paying Jobs" list.
The Best Paying Jobs
Health care professions made up all of the top 10 highest paid jobs. Anesthesiologists had the best paying job of 2018, with the highest median salary this year, at $208,000.
According to U.S. News, several other medical professions had the same median salary as anesthesiologists but did not score as well as on other measures, including number of projected jobs and unemployment rate.
The health care occupations that are among the 25 "Best Paying Jobs" of 2018 are:
1. Anesthesiologist ($208,000);
2. Surgeon ($208,000);
3. Obstetrician and gynecologist ($208,000);
4. Oral and maxillofacial surgeon ($208,000);
5. Orthodontist ($208,000);
6. Physician ($196,380);
7. Psychiatrist ($194,740);
8. Pediatrician ($168,990):
9. Dentist ($153,900);
10. Prosthodontist ($126,050);
11. Nurse anesthetist ($160,270);
15. Podiatrist ($124,830)
21. Pharmacist ($122,230);
22. Optometrist ($106,140);
25. Medical and health services manager ($96,540) ("Best Paying Jobs," U.S. News & World Report , accessed 12/20/18; "Best Jobs Methodology," U.S. News & World Report, 1/10/18; Connley, CNBC, 12/20/18).
To learn more about our research on compensation, and read more about the organizations leading the charge towards salary-based physician compensation models, read our report from the frontier of physician compensation.
To learn more about how you can attract and retain physician talent—without competing solely on compensation—read our report on winning the war for physician talent.