Careers where more than 50% of workers are happy with their salary

Careers where more than 50% of workers are happy with their salary

Do you want to feel good about the amount of money you earn? Go to product management, engineering, or real estate, where workers are more likely to say they feel well compensated for their jobs.

That’s according to LinkedIn’s Workforce Confidence Index, which surveyed more than 32,000 American workers from June to September.

About 60% of workers in each of these fields say they feel well compensated for their work, compared to the average 49% of American workers who say they feel happy with their earning power.

It makes sense: Tech positions are some of the most in-demand and highest-paying jobs out there, and real estate professionals have quite a bit of control over their earnings through the listings they accept, plus commission increases.

The careers in which workers feel happiest with their pay, along with the proportion of people who feel well compensated, include:

  1. Product management: 62%
  2. Engineering: 60%
  3. Real estate: 59%
  4. Program and project management: 58%
  5. Consulting: 57%
  6. Human resources: 56%
  7. Finance: 56%
  8. Shopping: 55%
  9. Information technology: 54%
  10. legal: 54%
  11. Business development: 54%
  12. Marketing: 53%
  13. Accounting: 52%

Meanwhile, public sector jobs, which often have fewer resources and more regulated pay scales, aren’t as happy with their pay.

Careers in which people are least satisfied with their salary include:

  1. Educators: 39%
  2. Entrepreneurs: 41%
  3. Social service workers: 43%

Interestingly, some of the workers happier with their compensation also feel more empowered to ask for a raise early. Some 39% of product managers and salespeople say they plan to ask their boss for a raise in the coming months, compared to just 29% of the US workforce as a whole.

That’s because workers know they can leverage their in-demand skills to negotiate competitive pay, says Taylor Borden, news editor at LinkedIn.

Well-paid workers in marketing and engineering also report positive feelings about pay transparency and believe it can lead to greater pay equality, Borden says, “noting that they’re more comfortable talking about money to begin with.”

Meanwhile, many workers who feel underpaid are also less likely to negotiate a raise due to concerns about their job security. “Faced with high inflation and potential economic uncertainty, some workers just don’t feel up to rocking the boat,” says Borden.

And even those who are securing raises say it’s not enough: Half of workers who got a raise or a better-paying job say their earnings didn’t keep up with inflation, according to Bankrate’s September Pay Raise survey.

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