Saturday, November 16, 2019
This is the highest paying entry level job of 2019
This is the highest paying entry level job of 2019  This is the highest paying entry level job of 2019    Another year, another crop of young graduates eager to secure economic independence as quickly as possible. Though it varies depending on the occupation, by and large, it takes graduates about three to six months to land an entry-level job, assuming theyâre prudent enough to start applying for positions around three months before graduation.The thing is, as of 2019, 50% of recent graduates earn wages less than $42,000 a year, and 25% earn less than  $32,000. Forty-percent of grads are underemployed, as per  U.S. Census Bureau and U.S. Bureau of Labor Statistics, Current Population Survey.Follow Ladders on Flipboard!Follow Laddersâ magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and more!U.S. Census Bureau and U.S. Bureau of Labor Statistics, Current Population SurveyShow me the moneyIf you belong to the class of 2019 you might want to check out Glassdoorâs recent economic  study of the most competitive internship pay and the types of ent   ry-level jobs that command the highest salaries.The report is an extensive analysis of salary reviews left in 2018 by American employees ages 25, and under. This yearâs results showcase a clear winner; not only do âData Scientistsâ start off with a median wage of $95,000 a year,   the position has been voted âBest Job In Americaâ   four years in a row, with the highest reports of job satisfaction, and the most job openings of all the occupations reviewed.Itâs one of the few jobs that isnât threatened by the progression of technology. The more technology advances, the greater the need for skilled professionals to collect and organize data. It stands to reason that the second and third highest paying entry level positions belong to similar  fields.  Software engineers secure a median starting wage of   $90,000 a year, and Product Managers can expect to earn around $89,000 annually. Check out the full list below,      Rank  Job Title  Median Base Salary      1  Data Scientist  $95,000      2  Software Engineer  $90,000      3  Product Manager  $89,000      4  Investment Banking Analyst  $85,000      5  Product Designer  $85,000      6  UX Designer  $73,000      7  Implementation Consultant  $72,000      8  Java Developer  $72,000      9  Systems Engineer  $70,000      10  Software Developer  $68,600      11  Process Engineer  $68,258      12  Front End Developer  $67,500      13  Product Engineer  $66,750      14  Actuarial Analyst  $66,250      15  Electrical Engineer  $66,000      16  Mechanical Engineer  $65,000      17  Design Engineer  $65,000      18  Applications Developer  $65,000      19  Test Engineer  $65,000      20  Programmer Analyst  $65,000      21  Quality Engineer  $64,750      22  Physical Therapist  $63,918      23  Field Engineer  $63,750      24  Project Engineer  $63,000      25  Business Analyst  $63,000      Using data collected from salary reviews  submitted by interns between March 1st, 2018, and February 28th, 2019, Glassdoor also determined which Internships offer the most competitive pay.Tech industries dominated this list as well, accounting for 44% of the entire ranking. In an effort to ensure they have the very best of the best, to chose from, Facebook offers a median monthly pay of $8,000 to their interns, just ahead of Amazonâs $7,725. Many of the top contenders settle around $7,000 a month for their intern budget, which means new interns generally earn about $84,000 a year.      Rank  Employer  Median Monthly Pay      1  Facebook  $8,000      2  Amazon  $7,725      3  Salesforce  $7,667      4  Google  $7,500      5  Microsoft  $7,250      6  Uber  $7,167      7  Bloomberg L.P.  $7,000      8  Capital One  $7,000      9  Apple  $6,667      10  Bank of America  $5,833      11  J.P. Morgan  $5,667      12  Goldman Sachs  $5,367      13  Viasat  $5,333      14  Visa Inc.  $5,167      15  Intel Corporation  $5,000      16  SAP  $4,833      17  EY  $4,825      18  Tesla  $4,667      19  Deloitte  $4,667      20  Cisco Systems  $4,667      21  PwC  $4,500      22  KPMG  $4,500      23  Genentech  $4,500      24  Dell  $4,333      25  Boeing  $4,167        You might also enjoy⦠ New neuroscience reveals 4 rituals that will make you happy  Strangers know your social class in the first seven words you say, study finds  10 lessons from Benjamin Franklinâs daily schedule that will double your productivity  The worst mistakes you can make in an interview, according to 12 CEOs  10 habits of mentally strong people  
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