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Best-Paying Careers for Women

Best-Paying Careers for Women

Salary data from PayScale.com.

Kristina Cowan | Payscale.com

March 31, 2008

Three seem to be three easily identifiable stages within modern women’s entrance into (and overtaking of) the world job market. First, women were to nurse and teach – not an absolute victory, because many men were not interested in working such jobs, but a victory nonetheless. Next, women were allowed to work in pretty much any career men worked in, except for lower pay, fewer benefits, and less job stability.

But now, there are female astronauts, business executives, lawyers, doctors, and politicians – who not only work in these fields, but are compensated for their hard work fairly. Which fields are most lucrative, and why (besides a fat paycheck) should women consider them? Career experts Susan Wilson Solovic , Dr. Laurence Shatkin and Dr. Warren Farrell weigh in on the best-paying careers for women:

Careers in Medicine

Median salary for female M.D.s: $135,725
Besides money, why consider this career? If raising a family is part of your plan, there’s great potential for flexibility.

Solovic, the CEO of SBTV.com in St. Louis, suggests areas like internal medicine, anesthesiology and dermatology as excellent fields for women who also plan to raise families. “Those medical areas are not quite as taxing and demanding as some of the others,” she explains. “For example, if you are a cardiac surgeon you could get called in the middle of the night and be doing surgery for six hours. It’s more difficult to manage these calls if you are also a caretaker in your family.”

Median-salary-by-years-experience_max200w

Individuals reporting: 525,155 (Payscale.com)

Another possibility is concierge medicine, where doctors charge a yearly fee from a set number of patients while providing enhanced care. “This is good because it’s flexible, you can manage your schedule a little bit better,” Solovic notes. “One woman doctor I know who is a concierge doctor-she limits her practice now to 200 patients a year because she has small children.”

Careers in Information technology

Median salary for female IT consultants: $70,492
Besides money, why consider this career? IT jobs are plentiful and increasingly friendly to women.

“There’s a lot of opportunity in IT for women, either starting their own businesses or working for places, like Google or Yahoo, that are innovative,” Solovic says, noting an abundance of IT jobs. According to the Bureau of Labor Statistics’ employment projections for 2006-2016, “demand for computer-related occupations” will rise in nearly all industries as organizations adopt more complex technologies.

Median-salary-by-employer-type_max200w

Individuals reporting: 524,845 (Payscale.com)

“Technology is still dominated by men, but it’s becoming more friendly to women,” says Shatkin, a career information expert. “More and more of it is high-tech, where it doesn’t have the work conditions that are strenuous, difficult, mechanical. That’s proved very attractive [to women].”


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    ColoradoMomma

    32 minutes ago

    4 comments

    There are even more upsides to the IT field - particularly for women. It's easy to have a home-based IT business, particularly if you are doing consulting and/or contract work. In certain IT fields, ITSers can often work from home just as much as from the office. I myself am considering starting a home-based business in web design, and expect to be doing much of my work over the phone and through e-mail, with less face-to-face time with clients than in a typical office setting. I'll also be able to offer services nationally, while still being based out of my home. The IT field is also easier to access and get training in than perhaps even the medical field (particularly the school heavy doctor's degrees). There are numerous online degrees and certificates available, plus most community colleges offer online, evening, and weekend classes and seminars in IT areas and computer programs!
  • Jo_max50

    jo_islandgirl

    28 days ago

    42 comments

    This is surely motivating for those doing a transition in IT
  • Photo_user_blank_big

    ag_nellyfavour2001

    about 1 month ago

    1 comment

    this is lovely
  • Lavender_butterfly_max50

    lanespunkie

    about 1 month ago

    1 comment

    Very very helpful with making a career change into IT.
  • Ma_belle_my_beautiful_max50

    NeedWork08

    2 months ago

    2 comments

    I hope I am putting this in the right Topic... I was just wondering, what are the up's and down's for wanting or owning my own business? It's having to do with Myths, Legends, Magic..All that good stuff... Would I be cast aside as a loony or do you think that in this date and time, I might get some where? I hope I made sense....
  • 2l_max50

    Keona

    2 months ago

    27 comments

    I'm thinking to go to grad school for Clinical Psychology. Is that a career in medicine?
  • Home_r2_c2_max50

    francis

    3 months ago

    2 comments

    What about the agriculture field speciically livestock production?
  • Kylie_max50

    Kylie

    3 months ago

    69 comments

    Nancy, check out page 2 - careers in law are listed! http://www.womenco.com/careers/919-best-paying-careers-for-women?page=2 hope this helps a little. ~K.
  • Photo_user_blank_big

    nancy649

    3 months ago

    1 comment

    what about the legal field?

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