Best Paying Manager Jobs

Updated on February 25, 2024

The landscape of management careers is as diverse as it is rewarding, offering pathways into nearly every sector of the economy. For ambitious professionals, certain managerial positions stand out for their lucrative compensation, challenging responsibilities, and significant impact on organizational success. This exploration into the best paying manager jobs sheds light on these coveted roles, detailing job descriptions, responsibilities, and the education required to embark on these high-earning career paths.

Chief Executives

  • Average Salary: $143,553
  • Job Description: Chief Executives hold the topmost position within an organization, responsible for defining the strategic direction, making major corporate decisions, and managing the overall operations and resources of a company.
  • Responsibilities: Setting company policies, overseeing executive management teams, and representing the company in public and professional forums.
  • Required Education: Typically requires at least a bachelor’s degree, though many have MBAs or equivalent experience.

Computer and Information Systems Managers

  • Average Salary: $134,498
  • Job Description: These professionals oversee the technology infrastructure of organizations, ensuring that IT goals align with business objectives.
  • Responsibilities: Planning and directing the activities of IT departments, implementing technology strategies, and managing IT personnel.
  • Required Education: Usually requires a bachelor’s degree in computer or information science and related work experience.

Architectural and Engineering Managers

  • Average Salary: $152,350
  • Job Description: Architectural and Engineering Managers plan, direct, and coordinate activities in architectural and engineering companies.
  • Responsibilities: Overseeing the development of projects, managing teams, and coordinating with clients.
  • Required Education: Requires at least a bachelor’s degree in engineering or architecture, along with significant experience in the field.

Marketing Managers

  • Average Salary: $133,380
  • Job Description: Marketing Managers are responsible for planning and overseeing marketing policies and programs, determining the demand for products and services, and identifying potential customers.
  • Responsibilities: Developing pricing strategies, overseeing product development, and managing marketing staff.
  • Required Education: Typically requires a bachelor’s degree in marketing or business administration.

Financial Managers

  • Average Salary: $131,710
  • Job Description: Financial Managers oversee the financial health of an organization by managing financial reports, investment activities, and long-term financial planning.
  • Responsibilities: Preparing financial statements, directing investment activities, and developing financial strategies.
  • Required Education: Requires a bachelor’s degree in finance, accounting, or a related field, along with several years of experience in a finance or accounting role.

Sales Managers

  • Average Salary: $117,752【7†source】
  • Job Description: Sales Managers direct an organization’s sales teams, setting sales goals, analyzing data, and developing training programs for sales representatives.
  • Responsibilities: Developing sales strategies, managing sales staff, and coordinating with marketing on lead generation.
  • Required Education: Generally requires a bachelor’s degree in business or a related field, along with experience in sales.

Human Resources Managers

  • Average Salary: $114,873【7†source】
  • Job Description: Human Resources Managers plan, coordinate, and direct the administrative functions of an organization, overseeing the recruiting, interviewing, and hiring of new staff.
  • Responsibilities: Consult on strategic planning with top executives, supervise employee relations, and manage HR staff.
  • Required Education: Requires a bachelor’s degree in human resources, business administration, or a related field.

Compensation and Benefits Managers

  • Average Salary: $119,031【7†source】
  • Job Description: These managers specialize in planning, developing, and overseeing programs to compensate employees.
  • Responsibilities: Designing salary structures, balancing staffing needs with cost controls, and ensuring compliance with legal requirements.
  • Required Education: Typically requires a bachelor’s degree in human resources, business administration, finance, or a related field.

Training and Development Managers

  • Average Salary: $110,093【7†source】
  • Job Description: Training and Development Managers plan, coordinate, and direct skills- and knowledge-enhancement programs for an organization’s staff.
  • Responsibilities: Assessing training needs through surveys, interviews with employees, or consultations with managers, and developing and implementing training programs.
  • Required Education: Usually requires a bachelor’s degree in human resources, education, or business administration.

Natural Sciences Managers

  • Average Salary: $137,900【7†source】
  • Job Description: Natural Sciences Managers supervise the work of scientists, including chemists, physicists, and biologists, in research and development, quality control, and production.
  • Responsibilities: Directing research and development projects, managing staff, and coordinating with top executives on policies and procedures.
  • Required Education: Requires a bachelor’s degree in a natural science or a related field, often combined with a master’s or doctoral degree, and significant experience in the scientific field.

Final Thoughts

The managerial roles highlighted in this blog represent the pinnacle of career achievement in various sectors, characterized by their high earning potential, strategic importance, and substantial influence on organizational success. These positions demand a combination of advanced education, extensive experience, and a strong skill set in leadership, strategic planning, and communication. For those aspiring to reach the top echelons of their profession, these roles offer a challenging yet rewarding career path.

Other Jobs in Business and Corporate Roles

Sources

These URLs lead to resources providing more comprehensive information about each listed managerial position, including detailed job descriptions, responsibilities, required education, and salary data.

JOIN OUR NEWSLETTER
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 visitors who are receiving our newsletter and learn more about finance, immigration, and more!
We hate spam. Your email address will not be sold or shared with anyone else.

Frank Gogol

I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.

Get the Checklist