What will be the highest paying careers of the future? My dcs want to earn 100k plus😁

[Snowqueen22]

Chatting to the dcs last night about careers... One is very creative, one loves stem & maths, the youngest excels at humanities. They all said money is the most important thing initially. So based on this what are & will be the highest paying careers of the future? 100k plus

I've always thought if you could bear staring in mouths all day, an Orthodontist would be a good one. No or very few emergencies/weird hours and you earn lots.

I have no idea🤣 that's why I'm consulting mumsnet so I can give those two some answers. Dh suggested art of history for them, but I don't think that will bring in the big bucks even though I'm sure they would both love it! We can't finance them!

@WakingUpDistress
Architecture hahahahhahaha
You can earn a good salary and there are a few who earn £100k plus but not the majority. There is an annual salary survey for the industry and London does tip the averages somewhat but most of us fall far short of that.

jobs.architecture.com/staticpages/10290/salary-guide-2022-architects-and-architecture/

They should come to London and sell their soul in the City, for an investment bank, or in one of the big accountancy or law firms. They'll work damn hard but get handsomely rewarded.

Tech is a great industry, lots of different jobs from marketing to software development. All are high paid from my experience

Executive search

I would say:

• IT: programming, cyber security
• Hospital consultant
• Medical research
• Finance
• Starting their own business if they are suited to being an entrepreneur.

But as people have mentioned they also need to find something they enjoy doing and have the right personality for.

I think there many people with law and accountancy qualifications out there these days so it not necessarily a road to earning £100,000.

🤣🤣🤣🤣
oh the joys of early parenthood

we were both STEM . our eldest (this is 20 plus years ago) wanted to do law . Was really into it during his teens , went on extracurricular activities etc. we were fine with this..it’s a good career, hard to get into , paid well (then), at 11th hour he declared he wanted to do history at degree level. We thought to ourselves- wtf do you do with history degree and we’re really concerned. But we know it was his decison, his student debt etc- we had no influence AT ALL . All our work on developing love of science and telling them what opportunities a STEM degree would give them, when they were younger, was pissing in the wind 🤣🤣🤷🏼‍♀️. I think we’d already realised that long before that point anyway,

but ..he got a grad job on milk round. And at age of late 20s is doing extremely well, outstripping my final salary when I retired 3 years ago, and I was in a pretty senior role in pharma industry. It’s not a job I knew existed , not him till he applied for it as it sounded interesting.

All a parent can do is set their kids up to succeed in whatever decision their kid makes on their own future career. Offer advice and guidance. Provide financial and practical support if it involves extracurricular activities at school. But be prepared that kid will change their mind at any point, or , even more commonly, not have foggiest idea what they want to do until they find a job they like after graduating.

imho, let your small kids explore wanting to be a bin man, firefighter, shop assistant, cleaner …it helps them develop ideas on the notion of work …it doesn’t mean that it’s what they’ll do..it’s just playing out roles that they can relate to as they can see the job being done. With all respect watching Mum or dad sat in front of a computer typing away in their high powered cab is less exciting to a 5 year old than getting to drive a big lorry and lift bins in and out.

It’s hard as I can’t think of anything either. Maybe someone will come up with something.

Maybe marketing for ftse company could do it. If you get to top marketing role it can be over £100k in London

Green tech jobs. There’s a massive skills shortage across renewable energy and other future boom areas.

@TaughtMeHowToDangle
Yes yes yes
I still love my job on the good days but the majority of it is management or technical stuff rather than fun design. Most clients have modest budgets they want to do lots with so there's a fair amount of negotiation involved and letting people down gently.
I've just spent all morning looking at ways to squeeze a project that's come in over budget without sacrificing too much or requiring us to reapply for planning (budget was ok when it was designed but delays and huge industry cost rises mean it's now too expensive)
Yesterday was discussing contracts and reworking a roof detail that doesn't quite do what I want it to.
It's incredibly rewarding when it's finished and clients love it but most of it's a hard slog to get there.

Medical research? As I’ve said before, it entirely depends on industry
medical research in university ? Probably not great pay until they’ve published papers..bloody hard work to get to that point and can be a not nice environment to work in . and even then not amazing salary. People do it more for the passion in their subject
similarly medical research roles in places like cancer research uk- anything in charity sector not well paid
working in pharma industry- better paid. But in early days not necessarily great as will need to do bench work routine stuff . But with progression, yep could earn a very good salary - today in order of £80-120k at senior levels and good benefits to top that. A bit hire and fire environment as well these days. Lots of acquisitions and mergers between companies which can make for a fair bit of insecurity, TUPE etc.

Honestly, they should focus on what they want to do and, if they're good at what they do, they'll be rewarded, often financially.

Lots of my son's school friends in their mid twenties are already earning very high salaries in city law firms, management consultancy and city banking of one sort or another. My son on the other hand is pursuing a creative career and working in a low paid job while he grafts at his craft on the side. We will encourage him to do this until he no longer wants to. At some point, if he doesn't make it, he will almost certainly look for a better paid job.

It depends how quickly they want the money too. You will get there as a doctor but not that quickly - and you have to really want to be a doctor as it's incredibly hard work. You'll get there more quickly if you're an intellectual property barrister - but you have to have the qualifications and be good at advocacy. High paid jobs are quite competitive! Headteachers of large schools can earn that much, but they will be fairly mature by the time they get there. Loads of consultants (marketing, advertising, PR) will earn that much but not necessarily in their 20s.
Senior civil servants, good plumbers, small business owners.... There are loads of ways to earn £100k a year, but none of them are easy and few of them are quick.

My exh has tried to push DS into accountancy and finance which he has zero interest in, exh thinks DS will become mega rich this way. I have discouraged DS and thankfully he taking the route he loves of CS and Software Development when he goes to Uni next year. I suspect he would have more earning potential anyway and actually enjoy what he does. My DC have been brought up to understand the world is expensive and struggling financially is very tough but also money does not make you happy.

Someone mention plumbers.
I have just had building works completed
most are now running jobs subcontracting almost all trades
amd these trades are making extremely good money and choosing the work they want , when they want.
a lot of sub contractors I had in, were working maybe 3-4 days per week, with the occasional 6 day week. Or 3-4 days but including weekends when they get paid extra. They were making a nice bit of extra money form picking up work from desperate customers whose trades had let them down at short notice. I came to the conclusion (ok not being totaLly serious here) that they had a gentleman’s agreement where one would let down one job, his mate pick it up at inflated prices, and vice versa.
its a bloody nightmare for customers like me- they have you over a barrel as demand is massively outstripping supply in terms of labour in all trades.

Right now, if you wanted to do training and earn good wage then go into construction or trades of some sort. That’ll get the money coming in and people will always need trades like these. In meantime study pastime for an interesting career you can be passionate about.

My friend does this for a bank and earns £550/day.

I’d say keeping on looking around as much as possible so you know what there’s out there will always help especially while they’re young. Whole sectors exist now that didn’t exist and new ones will begin by the time they are working age.

Yep that's the reality unfortunately. Kids need to grow up knowing the importance of being able to support themselves when they're adults.. It may be different if there is large trust funds set aside but ours will be on their own..

There is no way that children of that age have any idea where they want to live when they're older! They're too young to fully understand the range of options available to them. This goes for careers as well.

Imo, people are most likely to do well and be successful if they enjoy their work. Picking an arbitrary job title ("accountant") and pursuing that as a route to riches is ridiculous.

Also, most professions vary hugely by sector and by specialism/niche within the profession, e.g. many generic "accountants" don't earn much, whereas an international tax specialist will be sought after.

100% construction!

Art of history🥴I assume you mean history of art…I’m trying to imagine “art of history” 🤣

you could go into a number of careers with this that will pay money- politics, civil service (some jobs), marketing etc. there’s politicians with this degree, and a future Queen and a few other royals..and the future king had a bash at it before he swapped to a rather more pragmatic geograpghy . but it’ll not give you any “edge” on anyone else applying for same roles with any number of different disciplines (especially if they’re from Eton 🙄) . It will also depend on where their degree came from -a 1st form Oxford, yep might stand them out. A 2:1 from Southampton (sorry no disrespect meant just an example) - not really, they’d have to have a very good CV to stand out form the crowd.

if history of art is their passion- fair dos. But I assume arts jobs using that degree are extremely competitive and not that well paid in most cases, especially when earning your reputation. I assume those types of jobs are valuation (auction, insurance etc), museum, research, restoration, etc

histroy of art is described by some as a very elitist degree. Maybe cos you have to be wealthy to afford no job/ poor paid job at end of it 🤷🏼‍♀️. For instance just 5 of 16 Cambridge places went to state school kids. Unless you’re princess Beatrice who can afford to work part time, in a relatively low paid job normally, but was probably employed because of her networks and had an independent income form daddy to fall back on and still enjoy all those holidays.

Also, doing accountancy and finance at uni is utterly unnecessary if you are aiming for a Big4 training contract (or similar)!

Do what you enjoy and apply on graduation - Big4 will value a History degree just as much as an accounting one. And studying what you enjoy is more likely to result in a good degree result.

Plumbers round here

you could go into a number of careers with this that will pay money- politics, civil service (some jobs), marketing etc

Big4 will happily accept a history of art degree. There are trainees with degrees in physics, zoology, classics, all sorts.

Wind turbine and solar panel fitters.
environmental science grads
nutritionalists
doctors
lawyers
Dentists
psychiatrists