Top 10 highest paying professions in 2023

Some professionals earn much more than the average annual salary of $54. Edition CNBC, according to a new study, has compiled the 10 highest paying professions of 2023. Many of those who own them receive more than $200.

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Anesthesiologists, orthodontists, and physicians are among the highest paid professionals in the US, earning an average salary of $208, according to Bureau of Labor Statistics data compiled by US News.

Healthcare organizations are facing an industry-wide workforce shortage driven by unprecedented levels of burnout and attrition, which has been accelerated by the COVID-19 pandemic. As a result of higher-than-usual employee turnover, employers in the private healthcare sector have raised wages to keep existing staff and attract new hires.

Overall, more than half of the occupations in the top require a doctoral degree or are related to medicine.

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Other high-paying jobs that typically require as little as four years of study include positions in information technology, sales and marketing, and business.

Here are the 10 highest paying jobs of 2023 according to US News & World Report.

1. Anesthetists

• Average annual salary: $ 208 000
• Industry: healthcare
• Required education: PhD degree

2. Maxillofacial surgeons

• Average annual salary: $ 208 000
• Industry: healthcare
• Required education: PhD degree

3. Obstetrician-gynecologist

• Average annual salary: $ 208 000
• Industry: healthcare
• Required education: PhD degree

4. Surgeon

• Average annual salary: $ 208 000
• Industry: healthcare
• Required education: PhD degree

5. Orthodontist

• Average annual salary: $ 208 000
• Industry: healthcare
• Required education: PhD degree

6. Therapist

• Average annual salary: $ 208 000
• Industry: healthcare
• Required education: PhD degree

7. Psychiatrist

• Average annual salary: $ 208 000
• Industry: healthcare
• Required education: PhD degree

8. Nurse-Anaesthesiologist

• Average annual salary: $ 195 610
• Industry: healthcare
• Required Education: Master's Degree

9. Pediatrician

• Average annual salary: $ 170 480
• Industry: healthcare
• Required education: PhD degree

10. Pilot

• Average annual salary: $ 134 630
• Industry: social services
• Required education: bachelor's degree

Some of the factors driving healthcare wage increases have remained the same for decades: expensive education, stressful working conditions and long hours.

While specialists earn the biggest salaries, general practitioners and even non-medical workers such as nurse anesthetists are also offered hefty salaries.

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Healthcare employers have made "competitive advantages to attract and retain talent" as their top priority. And “burnout,” according to Aon’s September 2022 report, which compiled data on more than 2,6 million healthcare workers in the US, came in second.

Healthcare is expected to add two million new jobs over the next 10 years, the highest number of job openings in any sector, according to the US Bureau of Labor Statistics.

“We are still feeling the effects of the ongoing COVID-19 pandemic. Baby boomers are aging, so we have a larger aging population, and preventive care is becoming more and more important,” explained Janica Ingram, career specialist. “Health care will remain a stable industry for a long time to come, with a large number of professions in demand.”

Ingram noted that if the medical field is not for you, other industries, such as engineering and management, can also lead you to a profitable job.

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