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Wednesday, November 25, 2009

Top-paying jobs for women

Move over CEO, there's a new job in town.

Women are flocking to the labor force in record numbers. Nearly 60% sought or occupied employment in 2008, the latest year for which statistics are available, representing 46.5% of the total U.S. labor force. More than one-third of these women worked in management, professional and related occupations, accounting for 51% of all workers in this top-paying sector.

Though a pay gap persists--women's earnings remain stalled at around 80% of men's--women are finding the jobs that pay them the most, and some may surprise you. Based on a U.S. Department of Labor Women's Bureau 2008 analysis, we ranked women's median weekly earnings as full-time wage and salary workers to uncover the highest-paying jobs for women.

In Pictures: Top-Paying Jobs For Women


An unlikely No. 1 emerged. Much to our surprise, pharmacy topped the list, where women pharmacists earn a median wage of $1,647 per week or about $86,000 a year. Women currently account for slightly less than half of all pharmacists in the U.S. and earn about 85% as much as their male colleagues. It's a much smaller pay gap than that of medical doctors, however, where women make 59% as much as men. And pharmacy requires less education.

Women physicians and surgeons came in far behind pharmacists at No. 6 on the list, earning a median of $1,230 per week. Dr. Drucilla Barker, economist and director of women's and gender studies at the University of South Carolina, explains this by the wide distribution of salaries in the medical profession. Women often go into family practice or other lower-paying specialties, she says, rather than work the 80-hour-plus weeks of surgeons. In jobs like pharmacy and speech pathology there is a clear and narrow salary range, and women are more likely to have manageable schedules, Barker says.

Women computer scientists and systems analysts came in at   No. 10, earning a median wage of $1,082 per week or about $56,000 a year. In recent years, telecommuting has become increasingly common in the industry, making computer science even more appealing to women seeking high-paying work and flexibility.

And just above, at No. 9, were speech-language pathologists, the only occupation on our list in which women earn exactly equal to men and represent 50% of the field's total workers.

While women are inching higher and higher in status positions and earnings--the pay gap has narrowed by 10 percentage points since 1990--there remains a large divide. About 3.5 million women earn within the highest pay bracket, making a minimum of $1,500 per week, compared with almost 10 million men. This may be explained by the most common female-held positions: administrative assistants, nurses and grade school teachers. (As a comparison, there are 36 times as many women administrative assistants as there are women pharmacists.)

Yet women outnumber men in some unexpected high-earning jobs like financial managers, accountants and auditors, and budget analysts. Women human resource managers, the No. 8 position on our list with a median of $1,137 per week, outnumber men in the field 2 to 1.

In Pictures: Top-Paying Jobs For Women


More From Forbes.com:

America's Best-Paying Blue Collar Jobs

Get The Best Job References You Can

How To Negotiate For A Better Salary, Even Now


Syndication:

From the Community…

Comments 11-20 of 46
  • 상진's Avatar
    Posted by 상진 Tue Jun 30, 2009 10:29pm PDT

    http://www.woorilovestory.com

    :)

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  • 's Avatar
    Posted by Wed Jul 1, 2009 3:21am PDT

    Im going inot pharmacy, they get paid more because most people these days go the the pharmacist before going to the doctor. Healthcare these days is just a joke and way to expensive.

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  • 's Avatar
    Posted by Wed Jul 1, 2009 3:45am PDT

    Thanks for the update it was very informative.

    Glen Gabbard

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  • 's Avatar
    Posted by Wed Jul 1, 2009 3:52am PDT

    Hello, I used to work in the logistic field, however after 3 surgeries in the same hand they fire me, now with this economic I can't find no jobs around no to mention that I jsut have a high school diploma I know of computers and customer services because I took some free clases, but i dont have a certificate so it's very hard for me to find a job.

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  • Mary C's Avatar
    Posted by Mary C Wed Jul 1, 2009 3:59am PDT

    There's something wrong with their data! I don't know a single physician (female or male) who makes a paltry 56K!! I'm in the medical profession myself and I don't know exacty what my physician colleagues make, but I know they don't make less than I do (I am a PA). Even in primary care (where I am) any FT physician should be making 80-120K. The surgeons make 150K+. I don't know how they are looking at their data, but they are just plain wrong.

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  • 's Avatar
    Posted by Wed Jul 1, 2009 4:27am PDT

    I beg to differ on Pharmacists having less education than physicians. Pharmacy School is 4 years - the same as Medical School! Pharmacists hold a doctorate degree as well. Many institutions now require pharmacists to have a residency - the same as physicians! Pharmacists do not just "hand out drugs" - we review a patient's profile for drug-drug interactions, drug-food interactions, drug allergies, appropriate therapy for the disease state, inform the patient of the side effect profile.... just to name a few of our duties. A pharmacist in a hospital has even more responsibilites. A physician has one semester of pharmacology (learning about the medications) - pharmacists have FOUR YEARS.

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  • marylou v's Avatar
    Posted by marylou v Wed Jul 1, 2009 4:30am PDT

    Often these articles state highest paying jobs, yet I never see "nursing" listed. Baffles me because if you become a RN in Connecticut, trust me, you will make more than all of these incomes listed. Not bad for a "two-year" degree. Cmon people go to school for nursing, its a no brainer, theres always the need.

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  • Patrick's Avatar
    Posted by Patrick Wed Jul 1, 2009 4:52am PDT

    In response to the comment someone made about why there is a pay gap between the genders, I believe that this in some part do to that generally women cost more for insurance than men (I could be wrong on this, so don't quote me). Also maternal absences and all the other goodies women have from giving birth could also attribute do the reduction in statistical pay. I'm not saying I agree with it, logically I could make an argument with those same facts (opinions, statements, whatever) that women should make more because of all their added costs.

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  • 's Avatar
    Posted by Wed Jul 1, 2009 5:02am PDT

    Isn't it interesting that every field needs to be trained by an educator (teacher)? And of course, they are no where to be found on the list.

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  • 's Avatar
    Posted by Wed Jul 1, 2009 5:26am PDT

    I was just let go from my job of 10 years as an executive assistant and I'm almost 60 years old. Job market has nothing equivalent to offer; can't get food stamps; I rent (not own) and now will be unable to make the payment - can't move because need extra $$ for all the deposits; making car payments; no state assistance except unemployment and that's short-lived; no $$ to pay for educational classes and I'd love to learn a new career; what's a woman to do in my situation? I'm sure other women have the same problem.

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