Are You Hiring for Any of the Highest Paying Jobs?|Are You Hiring for Any of the Highest Paying Jobs?

Are You Hiring for Any of the Highest Paying Jobs?

Nearly 7 in 10 (68%) job seekers report that salary and compensation are among the leading factors influencing where they want to work. But which job titles have the highest salaries? And what other factors besides salary can companies use to woo (and keep) the best candidates?

Our latest jobs report, 25 Highest Paying Jobs in America for 2016*, highlights the specific job titles at the top of the earnings list. Physicians, lawyers, and research & development managers are bringing home the big bucks. See which other job titles made the cut:

1. Physician

  • Median Base Salary: $180,000
  • Number of Job Openings: 2,064

2. Lawyer

  • Median Base Salary: $144,500
  • Number of Job Openings: 995

3. Research & Development Manager

  • Median Base Salary: $142,120
  • Number of Job Openings: 112

4. Software Development Manager

  • Median Base Salary: $132,000
  • Number of Job Openings: 3,495

5. Pharmacy Manager

  • Median Base Salary: $130,000
  • Number of Job Openings: 1,766

6. Strategy Manager

  • Median Base Salary: $130,000
  • Number of Job Openings: 701

7. Software Architect

  • Median Base Salary: $128,250
  • Number of Job Openings: 655

8. Integrated Circuit Designer Engineer

  • Median Base Salary: $127,500
  • Number of Job Openings: 165

9. IT Manager

  • Median Base Salary: $120,000
  • Number of Job Openings: 3,152

10. Solutions Architect

  • Median Base Salary: $120,000
  • Number of Job Openings: 2,838

As we mentioned, compensation is one of the leading factors when job seekers are on the hunt. But does a high salary keep employees happy? According to Glassdoor Economic Research, compensation and benefits came is not one of the leading factors impacting employee satisfaction.

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Source: Glassdoor Economic Research, June 2015

How to compete with companies who offer high salaries

As a smaller company, it can feel daunting to compete with these high salaries. So what do you do if you’re hiring for any of the above positions? Highlight the other factors that contribute to overall employee satisfaction, including culture & values, career opportunities and your senior leadership team.

To reel in candidates that will not only stay, but also be proud employer brand ambassadors, make sure prospective candidates know about your company culture by sharing your story on Glassdoor. Hiring people that fit with your company’s unique culture and who believe in your values will lead to satisfied employees long-term. Ultimately, these happy employees will refer more and more people to join your organization and who are in it for the long haul.

To begin promoting your company culture, read about 9 Things to do with a Glassdoor Free Employer Account.

*Methodology: For a job title to be considered for Glassdoor’s 25 Highest Paying Jobs in America report, job titles must receive at least 75 salary reports shared by U.S.-based employees over the past year (1/24/15 – 1/23/16). The number of job openings per job title represents active job listings on Glassdoor as of 2/23/16. If job titles have the same median base salary, the job title with the higher number of job openings receives higher rank. This report takes into account job title normalization that groups similar job titles.C-suite level jobs were excluded from this report.