To ask what all the lucrative jobs are?

[malificent7]

I love my job in healthcare but obviously it's not paid well. What are all the well paid jobs nowadays and how are they achievable? I'm 44 for context.

Banking, sales, tech, owning a successful business

The only job I can think of thst pays well is an Investment Banker.

The problem is a lot of professional jobs like working in aviation as a pilot or engineer have suffered large pay cuts due to covid and the salaries haven't gone back up to previous rates.

Accountancy can be studied for whilst working but I think the wages have stagnated and it's not easy to get to partner level where the money is.

Maybe you'll have to retrain as a builder. They've got work coming out of their ears. I guess you could train on the job so no tuition fees and then go freelance.

What salary would you view as lucrative?

Tech/coding jobs can be lucrative (eventually), you could do a Code First Girls bootcamp to see if you enjoy it?

Tattooist - £90 p/h and busy af.

Management Accountant.

Disaster Capitalist- DBinL is this and earns £200 something k. He works for a company buying up failing businesses then does something with them 🤣.

Be on Mumsnet. That seems to make you identify as rich 🤣.

@Monkeyrules

'Maybe you'll have to retrain as a builder. They've got work coming out of their ears.'

Crikey, I never knew that could happen!
I feel fortunate now that I only had wax coming out of mine!

What do you class as lucrative?

You don’t just walk into a well paid job without any relevant qualifications, experience or talent, otherwise everyone would do it!
It always makes me smile when healthcare staff/teachers/police etc say they can’t manage on their poor salaries and are going to leave the profession. Do they really think someone is going to pay them say £50k when they have never done the job before?

Money is relative.

Anyone who works in the nhs is most likely to be on what I would describe a fairly low wage given the work and also frankly working conditions.

Tech or anything linked (product management) is usually benched about 60k - more in London. I wouldn't consider that particularly well paid but if there two in the house. Your probably doing ok. Developers tend to be on more but that's because complex code language can be like learning Chinese.

Any trade I know is about on 45/60+ bar gardeners which seem to be the exception to the rule

Project management is usually about 40k mark. Personally project management can be and remains to be a nightmare.

But someone's well off is another persons poor. And I don't believe we can all agree what a high wage is on here.

It doesn't make me smile. Our public services are going to fall over because the people doing them are undervalued, overworked, and will leave in droves for less stressful, more lucrative lines of work (basically any office job). It's very much not bloody funny.

@MaybeIWillFuckOffThen
But if you are a nurse or teacher on £30k you are not going to walk into an office job with no experience on say £32k.
I live in the Midlands and starting salaries for admin jobs with a degree, but no relevant experience would start on about £21k. I appreciate it will be more in London but we don’t know where the op lives.

Do you want to study to switch?

Depends what you do in healthcare - Radiologist can earn ~ £60k

Obviously that’s a bit tongue in cheek but what would you like to train for? There’s no need to leave healthcare if you have the time and incentive to work your way up.

Recruitment consultancy in Healthcare. You'd get c.£20-25k as a base and commission would take you to £50-60k within the first year or two. Your experience would be valuable as long as you can do the job, which is essentially sales.

That made me proper laugh out loud 😂😂

Do you mean for yourself, or are you mentoring a child you want to be wealthy?

For a child with top grades and a top degree who’s prepared to work hard, they can become a millionaire by age 35 in:

• banking (investment or trading); or
• management consultancy; or
• London branches of American law firms.

If you’re asking for yourself, I’d say just get out of the public sector and work in something that makes a profit, ideally something financial like insurance.

From the experience of watch my many nurse colleagues leaving the profession - yes, they have been able to walk into jobs about their nurse pay. Nursing has lots of transferable skills to trade on - staff management, budget management, delivering training, conflict resolution to name a few. I imagine teaching is the same.

I'm less sure about lucrative jobs, as in very high paying ones. All the ones I know of involve quite a specialist skill set. I do know that programming is not the lucrative career some have suggested unless you teach the higher levels - junior developers are on no more than a nurse.

*above their nurse pay