2013 celebrates 50th year anniversary of the Equal Pay Act. But it is saddening that women still earn lesser than men across most job functions.
So which are the best paying careers and sectors for women? An analysis using the U.S. Bureau of Labor Statistics notes that jobs in health care, business and computer science are lucrative options.
No.1 – Pharmacist
A career in Pharmacy offers the best paying job for women and pays at par with men. Women pharmacists:
- earn a median of $1,871 a week or approximately $98,000 a year
- comprise 52% of all pharmacists
- earn 100% as much as their male counterparts
According to BLS, this demanding job is growing at a faster than average rate of 25% and projected to add 70,000 jobs between 2010 and 2020. But a vast wage gap exists among physicians and women comprise of only 35% of physicians.
No.2 – Chief Executive
A female chief executive earns a median of $1,730 a week or about $90,000 a year. Despite women making significant progress over the last few decades in business, they still earn just 76% as much as chief executives men and comprise only about a quarter of all chief executives. The wage gap exists due to differences in company type and partially due to remaining discrimination. Women tend to go to smaller businesses and non profit organizations to make it to the top.
Other Rising Opportunities
Though underrepresented in the field, computer science jobs are also top paying for women. Technical skills are high in demand with limited supply resulting the employers willingly are ready to pay a premium for these workers. Despite this, depending on the occupation, only about one third to one fifth of these jobs is presently held by women.
Other noble and progressive jobs for women include that of lawyers, human resource managers and psychologists. Interestingly the worst-paying jobs for women are food preparation workers, cashiers, laundry and dry-cleaning workers and child-care workers which earn less than $400 a week.
In spite of the wage discrepancies in the American job market, women are able to leverage significant opportunities for professional growth.
So which are the best paying careers and sectors for women? An analysis using the U.S. Bureau of Labor Statistics notes that jobs in health care, business and computer science are lucrative options.
No.1 – Pharmacist
A career in Pharmacy offers the best paying job for women and pays at par with men. Women pharmacists:
- earn a median of $1,871 a week or approximately $98,000 a year
- comprise 52% of all pharmacists
- earn 100% as much as their male counterparts
According to BLS, this demanding job is growing at a faster than average rate of 25% and projected to add 70,000 jobs between 2010 and 2020. But a vast wage gap exists among physicians and women comprise of only 35% of physicians.
No.2 – Chief Executive
A female chief executive earns a median of $1,730 a week or about $90,000 a year. Despite women making significant progress over the last few decades in business, they still earn just 76% as much as chief executives men and comprise only about a quarter of all chief executives. The wage gap exists due to differences in company type and partially due to remaining discrimination. Women tend to go to smaller businesses and non profit organizations to make it to the top.
Other Rising Opportunities
Though underrepresented in the field, computer science jobs are also top paying for women. Technical skills are high in demand with limited supply resulting the employers willingly are ready to pay a premium for these workers. Despite this, depending on the occupation, only about one third to one fifth of these jobs is presently held by women.
Other noble and progressive jobs for women include that of lawyers, human resource managers and psychologists. Interestingly the worst-paying jobs for women are food preparation workers, cashiers, laundry and dry-cleaning workers and child-care workers which earn less than $400 a week.
In spite of the wage discrepancies in the American job market, women are able to leverage significant opportunities for professional growth.
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