Upcoming Few Years Gonna Be The Golden Age for Few Profession- Know About Those Highest Paying Jobs
Achieving the highest-paying career is the dream of every professional but landing on the same is not that easy. The toughest thing is to secure one of the highest-paying jobs with 100% job satisfaction.
However, the advancement of science and technology has converted so many 'impossibilities into damn possibilities.' And landing the highest-paying jobs with your desired level of job satisfaction is now possible.
Yes, you heard it right. Only you need to own endless love and passion for technology.
If you love to play with codes or swim through the sea of data, below is the list of high-paying jobs you should get prepared for.
List of Best Paying Jobs in the Next 5 Years:-
1. MLOps engineer
Machine learning has proven to be a hot skill in the job market in the last 2 years. Now the ML engineer's roles are approaching the next-gen upgradation. MLOps engineers are now more in demand, and the demand seems to follow an exponential hike for the next 5 years. When it comes to the pay structure, no doubt it becomes one of the promising options within the list of highest-paying jobs.
The key responsibility of the MLOps engineer is to transform data science code into a functional end product for users to interact with. While an ML engineer focuses on model development and deployment, an MLOps engineer remains responsible for building and managing the platforms via which these models get developed and deployed.
MLOps engineer salary:
MLOps engineer salary is U.S. $118,278 per year. More prominent organizations like the Walt Disney Company can offer unbelievably high packages.
The salary of MLOps engineers in India starts from 3.5 LPA INR (entry-level) to 22 LPA INR.
The annual average salary is 7.5 LPA INR.
2. Machine learning engineer
As per the Linkedin Jobs data of November 2022, 2.2 lakh job vacancies are available worldwide. And the prediction is that by the end of 2023, the number of vacancies will reach 5 lakhs.
We already know the IT sector is one of the sectors that offer the best-paying jobs. The future of this section also indicates machine learning skills are going to be one of the must-have skills in the same. As every industry is getting automated related to different IT and other business processes, the demand for ML engineers has shown massive hype (valid). So this role comes on the priority list of highest paying jobs of 2023.
Machine learning engineer salary:
As per Glassdoor the average machine learning engineers earn approx. $131,001/year in the U.S.
Even in India, the average salary of an ML engineer is INR 7.5 lakhs. With growing experience, the pay scale can even reach 70 LPA INR.
3. Natural language processing data scientist (NLP data scientist)
The role of a data scientist is to "understand how to interpret, manipulate and translate human language" drawing computational linguistics and computer science. In addition, the NLP scientist has to close gaps between human communication and computer-based understanding.
NLP scientist salary:
The average base salary can be 101,770 USD per year. Based on the year of experience in the I.T. field and level of expertise, even in India, one can earn 20 LPA INR. Hence it's clear that NLP scientist is one of the best-paying jobs.
4. Database manager
A database manager maintains and organizes a database that includes detecting and correcting issues, streamlining information, and reporting through public and private databases; such roles also seek the skill of developing and implementing organizational data models.
Database manager salary:
The average salary is 15 LPA INR. Even entry-level positions offer good packages ranging from 3 LPA to 5 LPA (based on organizations).
5. Data warehouse manager
The Data warehouse manager's responsibilities include checking the data storage facilities, data error reporting, securing data, and ensuring operational efficiency. Streamlining and supervising database management also fall under their responsibilities.
Data warehouse manager:
This role is best for data science aspirants who belong to inventory and operations management. As in the present days, this sector is running a bit low in salary packages. Basic data science and AI course can help the professionals of this industry to land the highest-paying jobs easily.
The minimum salary of a data warehouse manager after having 2 years of experience in inventory and operations is 10 to 12 Lakhs per year in INR. The greater the experience, the higher will be the package.
6. Database developer
Database developers program and maintain databases. They also optimize hardware and software functions that keep it updated. The most challenging responsibility includes solving database problems in the minimal possible time.
Database developer salary:
A skilled database developer may receive an average salary of 8 to 9 LPA INR as a fresher. So, this seems to be one of the best-paying career options.
7. Database administrator
The database administrator has to build and manage the day-to-day operations of databases. Identification of end-user needs and, accordingly, data distribution is something that makes the database administrator's job so challenging. They must ensure that databases are accessible and secured for the right employees in need.
Database administrator salary:
The salary of a database administrator can start from 5 LPA INR. While within 4 years of experience, one can earn 15 LPA.
8. Cloud Data Engineers
Cloud engineers work within the organization and must install, maintain, and troubleshoot network, server, and cloud computing systems. They must ensure that components are secured, updated, and monitored for any issues. Apart from that, such groups of engineers are also responsible for managing and monitoring data frames.
Cloud data engineer salary:
The average salary of cloud data engineers is about INR 9 LPA. While based on experience and companies, the same can reach the 20+ LPA scale. In case you hold IT field and networking experience, I would suggest you target the cloud data engineer roles as high-paying jobs in 2023.
9. Data Architect
A data architect has to review a company's data sources and design a system and structure to manage, compile, analyze and protect data. However, apart from this, a data architect needs to develop successful data strategies.
Data architect salary:
Data architects usually need an I.T. background. This is one of the most explored highest paying jobs. One can earn ranging from 14 LPA to 42 LPA.
10. Research scientist (Machine learning/Deep learning)
Do you love academic jobs and technical inventions at the same time?
In case you have an ever-curious mind, a research scientist (machine learning/deep learning) seems to be the preferable role from this list of the best-paying jobs in 2023 and beyond. Only you should have an advanced degree in computer science or Tech.
Research engineer (Machine Learning/Deep Learning) salary:
While the entry-level can help you to achieve a 5-6 LPA INR package, with 7+ years of experience in I.T., one can earn up to 50-60 LPA INR.
11. AI engineer
When it comes to the matter of the highest-paying career, the role of an AI engineer can't be ignored. The efficacy of developing and deploying AI models from scratch and helping product managers and stakeholders to understand the result determine the expertise of an AI engineer.
AI engineer salary:
At the beginning of the career, one can expect an average package of INR 8 LPA. With ongoing experience, which can go as high as INR 50 LPA.
12. Big data engineer/architect
If you belong to the C.S./Stat/analytics field, 'big data engineer' would be the most promising among all the roles within the list of best-paying jobs. In fact, it is already in high demand and will retain the same for the next 15 to 20 years at least.
Big data engineer salary:
For 1 to 4 years of experience as a big data engineer, one can expect an average package of 7 LPA INR. Based on your efficacy, within 7 years, you can also land on a package of 21 LPA INR.
13. Computer vision engineer
Although this particular role is not that much exposed, in the next 2 to 3 years, it will be the most hyped highest paying job. In case you are interested in advanced AI and ML, then this role can offer you ever-ending growth and extremely fast hikes.
Computer vision engineer salary:
The average salary is 8 LPA INR approx. From entry to mid-expert level, the same varies from 5 LPA to 22 LPA. So, even after being not much hyped this role also belongs to the highest-paying career list.
14. Robotics engineer
As robotic equipment is getting affordable now and different business industries like (eCommerce, medicine, etc.,) are adopting robotic technology so quickly, the demands of robotic engineers are kissing the sky. The core focus of such engineers lies in designing, developing, and deploying different robotic systems.
Robotics engineer salary:
In India, this role is still being explored. But the demand is quite high overseas. Robotics engineers can gain a salary of $100,640 p.a. In India, starting from the internship level to mid-level, a robotics engineer earns from 3 LPA to 8 LPA in INR.
15. Data scientist
A data scientist has to collect, interpret and analyze data sets. Apart from that, he needs an extraordinary problem-solving mind.
Data Scientist salary:
The average salary is about 10.2 LPA INR. With adequate expertise level, one can earn even 50+ LPA.
16. Algorithm engineer
An algorithm engineer improves AI applications for clients and employers, identifying patterns or problems in data sets.
Algorithm engineer Salary:
The average algorithm engineer salary is INR 24,75,000 per annum, and basic starts from INR 15,00,000 per annum and can reach up to 43,00,000 per annum.
17. System design engineer
System design engineers research, develop and design ideas for new products. They are even responsible for the customization of products or processes that are already existing. System design engineers have to deliver products with new designs and enhance efficiency improving performance.
System design engineer salary:
The average salary of a system design engineer is INR 7,00,000 per year and can reach INR 19,15,000 per year.
18. Full-stack developer
Full-stack developers can be software and web developers, or engineers working with both the front and back end of the website or application. At this point, I will discuss the software developers. They offer an end-to-end service involving database projects and website user-side development.
Full-stack developer salary:
The average salary of a full-stack developer is INR 6.5 LPA, which can easily reach the 17 LPA scale within 3 to 4 years.
For the past 2 years, being a full-stack developer has been the most demanding and highest-paying career.
19. Full-stack engineer
A full-stack engineer is a high-level software engineer who works on designing, testing, and implementing various software applications. They create software applications, scalable web services, and mentor coding teams.
Full-stack engineer salary:
The salary range for this role is INR 4 LPA to 23 LPA, and with 5 to 6 years of experience the average salary becomes 9 LPA INR.
20. Full-stack web developer
Full-stack web developers work on both frontend and backend development processes. They design, develop and maintain a full-fledged functioning of platforms with databases and servers. The servers do not need any other 3rd party application to build an entire system from scratch.
Full-stack developer salary:
The average full-stack web developer salary is INR 5 LPA for 1 to 3 years of experience.
21. AI researcher
AI researchers manage and create product infrastructure and AI development projects. Working on the further scopes of machine learning algorithms helps AI researchers omit flaws in existing machine learning models. They also build AI models from scratch.
AI researcher's salary:
AI researcher's salary in India ranges from 3 LPA INR to 12 LPA INR.
22. Senior data scientist
A senior data scientist is responsible for utilizing data and providing business solutions for shaping the enterprise's strategies and product development. Other than the standard data analysis work, senior data analyst also works in developing machine learning models. They even have to collect resources needed so the junior data scientist can perform exploratory data analysis for building ML models.
Senior Data Scientist salary:
The salary of a senior data scientist starts from approx 21 LPA INR.
23. Data analyst
Data analysts synthesize, analyze and make recommendations for companies with large amounts of data. A data analyst can work in industries like IT, healthcare, sports, and finance to improve processes, reduce costs, and identify data science trends (for marketing/sales/operations, etc.) to improve efficiency.
Data analyst salary:
The average data analyst salary for entry-level positions is 5 LPA INR. Professionals with no tech background can also consider this as one of the best-paying careers.
24. Data modeler
A data modeler analyzes business trends and predicts future behavior through analytics and statistics. They create unique models and predictive systems for organizations and report analysis to the board leaders.
Data modeler salary:
The salary of a data modeler lies between 8.3 LPA INR to 28 LPA INR. Although the openings are still low, this is one of the highest-paying jobs.
25. Enterprise Architect
An enterprise architect improves the goals and processes of the organization by creating system architecture meeting company technological data sets.
Enterprise architect salary:
Enterprise architects can earn from 20 LPA to 93 LPA INR based on experience. But the openings are quite lesser than other highest-paying job roles.
26. MEAN stack developer
MEAN stack developer salary:
The average salary of a MEAN stack developer is 7 LPA INR.
27. MERN stack developer
MERN stack developer salary:
The average annual salary in India for a MERN stack developer is 4.2 LPA INR.
28. Principal data scientist
If you are already in the data science field for 8+ years, for transitioning your career from any managerial role into data science, the 'principal data scientist' role will be the best fit for you. You can opt for data science and AI courses for managers and leaders to get into such a high-salary role.
Top data scientist salary:
The average salary is 38 LPA INR . The salary ranges from 25 LPA to 98 LPA.
29. Senior R & D Engineer
You can apply for this best-paying job role if you are a data structure and algorithms expert. Senior R&D engineers apply their DSA expertise to help programmers optimize computer programs.
Senior R&D engineer salary:
The average salary is 22.7 LPA INR.
30. Data Engineer
Data engineers build systems that collect, manage and convert raw data into usable information for data scientists and business analysts to interpret. The goal is to make data accessible for organizations to evaluate and optimize their performance.
Data engineer salary
The average salary of a Data engineer is 8.2 LPA INR.
Note: For the salary data, I took references from Ambition box, Glassdoor, indeed, and Talent.com.
So what's next?
Although the above roles appear for techies, the analyst and web developer roles are also available to nontech professionals. If someone holds an adequate passion for coding, then an industry-ready full-stack web development course or a data science foundation program can easily do the job.
So why wait? Start planning and approach the next highest-paying job role.
Best of luck and happy growing!!