Last Updated on April 5, 2022
Wondering which career path to follow? Do you wish to know where the biggest job incentives are in the UK right now? Then, you have come to the right place.
Knowing the current high paying jobs in the UK can help motivate you to work hard, sacrifice, and exercise, as well as guide your career path.
While most high paying jobs might seem out of reach, it pays to learn everything you need to know about them. By knowing about these jobs, you will be able to prepare yourself to meet the minimum requirements needed to land any one of them. That said, here are the top 10 highest paying jobs in UK in 2022.
Table of Contents
Highest Paying Jobs in UK
1. Chief Financial Officer
Median Salary- £124,410/yr
A Chief Financial Officer (CFO) is the top financial position in any company. The purpose of the role is to maintain the financial health of the business and includes preserving its assets, enhancing profitability, ensuring compliance, minimizing risks, and running the finance department. It is their responsibility to align the finance strategy with the business strategy and needs.
Generally, experience of approx. 10 years in financial roles is required as a minimum to be a CFO with a preference for an MBA or master’s degree in finance, accounting, or a related subject. Some desired certifications include Chartered Institute of Management Accountants (CIMA) and Association of Chartered Certified Accountants (ACCA).
2. Executive Director
Median Salary- £121,345/yr
An Executive Director is one of the most senior positions in a business. It typically sits with the board while having senior management responsibilities at the same time. The main purpose of the role is to develop the business strategy and lead its implementation to build and maintain a healthy business. Executive Directors may need to represent the company to external stakeholders, including the media, governments, and more.
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Usually, these roles require a minimum of 10 years of business management experience and an advanced degree in business or a related field, while some employers may prefer an MBA. Some crucial skills for Executive Directors include strategy formulation & execution, people management, communications, and creativity.
3. Chief Technology Officer
Median salary: £65,800
A Chief Technology Officer (CTO) is an executive position that has responsibility for the technology needs of an organisation, making sure solutions are aligned with business objectives. The areas typically included in the scope of a CTO role are strategy, technology development and implementation, cybersecurity, infrastructure, and IT ops.
To be considered for a CTO role, you may be expected to have at least 10 years of experience in tech-related positions with a degree in computer science, engineering, or another technical field. This role usually requires a mix of technical and soft skills depending on the industry and company.
4. Senior Leader
Median Salary- £76,606/yr
The role of a Senior Leader is to provide direction related to their expertise. They usually are hired to identify long-term opportunities and threats and lead a business in the right direction. Senior Leaders may sit in several departments, including Product, Marketing, Finance, HR, Operations, and more. They have a wide range of responsibilities, including processes, people, and budgets.
As the title suggests, a Senior Leader should be a subject matter expert in their domain. In most cases, employers look for candidates with extensive experience combined with an advanced degree in business or a domain related to the employer’s industry and relevant industry certifications. Strong management, leadership, and consulting skills are beneficial for this role.
5. Chief Operating Officer
Median Salary- £108,303/yr
A Chief Operating Officer (COO) is an executive officer responsible for the day-to-day operations of a company. COOs execute business strategy by establishing and owning policies and processes, while they also create and manage operational teams.
A COO should have at least 10 years of experience in Operations or related roles. In many cases, employers also ask for a bachelor’s or master’s degree in business, while certifications like Lean or Six Sigma may be preferred. COOs are also required to demonstrate competency in running a business efficiently and effectively while having commercial awareness and strong business acumen.
6. Chief Executive Officer
Median Salary- £99,424/yr
A Chief Executive Officer (CEO) is responsible for the overall direction of a business. It is the highest-ranking position of a company leading all other executive and non-executive functions. A CEO works with the Board to develop long-term objectives, builds the business strategy, oversees its operations, ensures compliance, and serves as the main company representative.
To become a CEO of a company, one may need to have at least 10-15 years of senior management experience along with advanced degrees. Business strategy, strong leadership skills, commercial expertise, communication skills, and high ethics are some of the traits that help a CEO succeed.
7. Medical Manager
Median Salary- £49,721/yr
A Medical Manager plans and coordinates the provision of healthcare services. Their primary role is managing the day-to-day operations of a health facility to ensure patients receive the right treatment and care. They may also be required to have a functioning knowledge of healthcare laws.
A bachelor’s or master’s degree in the medical domain may be required to become a medical manager Examples include:
- A Certificate/Diploma in Primary Care and Health Management (DPCHM) by the Association of Medical Secretaries, Practice Managers, Administrators and Receptionists (AMSPAR)
- Vocational Training Scheme for General Practice Managers (VTSGPM) by the Institute of Healthcare Management (IHM)
- Academic courses like an MSc in Healthcare Leadership.
Some skills required in this profession are medical industry knowledge, team management, emotional intelligence, empathy, and problem-solving skills.
8. Director
Median Salary- £93,451/yr
A Director is responsible for strategy formulation and execution. The role may include building and managing teams, overviewing business operations, ensuring compliance, and acting as a spokesperson. Additionally, they usually have P&L responsibility.
To be a Director, you should be a visionary leader, strategic thinker, and strong manager, while communication and interpersonal skills are also key. A Bachelor’s degree in a related subject along with 15-20 years of experience is usually required for a Director’s post. A master’s degree may be desirable.
9. Managing Partner
Median Salary- £107,589/yr
A Managing Partner is responsible for setting key goals and managing the day-to-day operations of a business in which they typically have equity. The role is pivotal in maintaining positive relationships with existing clients and securing new engagements. Additionally, they are also responsible for managing their practice in the business.
A Managing Partner is usually expected to have a management or business degree with a considerable amount of experience, although they may have a technical background relevant to their industry. Additionally, one should have strong organizational, team management, decision-making, and analytical skills to complement their experience.
10. IT Manager
Median Salary- £67,256/yr
A Technology Manager spearheads an organisation’s technology department. Some of the areas that may fall under their remit include vendor selection and management, implementation of solutions, IT operations management, technology infrastructure, and cybersecurity.
The qualifications of a Technology Manager typically include a degree in IT, relevant certifications like ITIL, and work experience of about 3-7 years in a similar role. Technical as well as soft skills are crucial for this role, including project management, service delivery, and stakeholder management.
This is the list of high paying jobs in UK. However, it doesn’t include all jobs. We have selected the top 10 highest paying jobs in UK, but you can search for other places to work and enjoy earning good pay.
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